December 23, 2021 by Admin
Primary direction on the impact of compliance with new regulatory requirements that may lead to major application system changes should be obtained from the:
- corporate internal auditor.
- System developers/analysts.
- key business process owners.
- corporate legal counsel.
Explanation:
Business process owners are in the best position to understand how new regulatory requirements may affect their systems. Legal counsel and infrastructure management, as well as internal auditors, would not be in as good a position to fully understand all ramifications.