A. Information Technology benefits an entity’s internal control by enabling them to consistently apply predefined business rules and perform complex calculations in processing large volumes of transactions or data; enhance the timeliness, availability and accuracy of information; and facilitate the additional analysis of information.

B. IT systems enhance the ability to monitor the performance of the entity’s activities and its policies and procedures; reduce the risk that controls will be circumvented; and enhance the ability to achieve effective segregation of duties by implementing security controls in applications, databases and operating systems.