Literary Warrant for Functional Requirement #6a
This requirement derives from the law, customs, standards and
professional best practices accepted by society and codified in the literature of different professions concerned with records and
recordkeeping. The warrant is as follows:
Citation Institute of Internal Auditors Research Foundation. Systems Auditability and Control Report.
Module 2 Audit and Control Environment
Pages 2-13
Extract Application controls, whether they address input, processing, or output, can be used to prevent,
detect, and correct errors and irregularities as transactions flow through the system: Input controls ensure
the complete and accurate recording of authorized transactions: identify rejected, suspended, and
duplicate items; and ensure resubmission of rejected and suspended items.
Citation The Institute of Internal Auditors Research Foundation; Systems Auditability and Control, Module
6, Business Systems, 1991
Pages 6-55
Extract The review of EFT may entail significant testing of manual and management controls. Other
system-specific aspects of an EFT system that the internal auditor should consider reviewing include the
following: Verify the completeness of message input/output sequence numbers.