ERP controls are essential to prevent financial losses 

“Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here. From compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented.” the new CEO of FTX, John Ray.

The recent FTX scandal has, among other things, also highlighted the need for effective IT general controls. ITCGs are hugely important, not only for effective financial reporting, and compliance but also for cybersecurity programs. However, there is a lack of understanding of how ITCGs are supposed to work, what role they play, and why you need them.

This thought leadership discussion will address:

• What are ITCGs
• The role they play
• Frameworks (COSO, COBIT, ISO)
• Why are they especially important in start-ups, and pre-IPO companies?
• How controls help manage compliance, IT, and cyber security
• The benefits they provide
• Solutions

Join Adil Khan, founder of SafePaaS, and Deepak Iyer as they discuss why ITGCs are critical for effective compliance and security.