Similar to the concept of financial statement assertion is the concept of information processing objectives. Information processing objectives operate at the transaction level. IT auditors are driven by these information processing objectives during their testing of internal controls for sarbanes oxley. I am discussing each of these information processing objective in detail below.

Completeness - This objectives refers to completeness of all transaction processing. All transactions which have been entered in applications / ERP have been accepted for processing and processing for the same is
complete.

Accuracy - Accuracy of the transactions entered for processing is another important objective. It is neccesary to ensure that transactions entered are at the correct amount and in the correct account.

Validaity - Validity ensures that all transactions entered have actually occured and have been properly approved by authorized personnel within the organization.

Restricted Access - Restricted Access means restricting access to confidential data. Unauthorized changes to data should not be allowed. Confidentiality should be ensured for all data assets.