A Single Framework for Compliance?
April 24, 2008 – 12:00 am By: admin Views: 71Abstract:
The grand framework of SoX, COSO, CoBIT and their future trends with some managerial caveats are introduced. Trustworthy computing usage model from Microsoft is summarized to indicate the direction where modern software development is heading. This would become a de facto standards for all software corporations. In COSO framework, ideas on Enterprise Risk management is touched upon. ERM not an end in itself, but rather an important means and helps an entity achieve its performance and profitability targets, and prevent loss of resources. It helps an entity get to where it wants to go and avoid pitfalls and surprises along the way. Under CoBIT, CRM and the Key Performance Indicators using Dashboard techniques to help top management evaluate the projects is discussed and IT is a major component of it. Some managerial intuition and how corporation are turning this new compliance into financial opportunity. In that regard the concept of Single Compliance platform will be the wave of the future.
Tags: COBIT, compliance, COSO, ITIL, single compliance framework, unified compliance framework
Email This Post
Print This Post
Related Articles
- COBIT Framework for IT Governance – Analysis and experience
- Part III: Start smart. Your First Step Could Make Your Journey!
- The Basics of Compliance Committees
- California Enterprise Architecture Framework
- IT Executives Cutting Budgets and Consolidating Assets in 2008
- A Truce in the Sarbox Tech War?
- Model Driven Development for BPM
- Overview of International IT Guidance on IT Governance Frameworks
- COBIT Maturity Model
- Compliance Built in?











Alan