Information technology governance — COBIT model

This paper explains the concept of information technology audit, shows relationship between audit and IT Management. Information systems provide both the means for organizations to transact business and the ability to report the financial results of their operations. Information technology auditing is an integral part of corporate governance. However, information technology auditing is often looked upon as a “necessary evil” or is overlooked entirely by IT management. IT governance and information technology audit is imposed as an imperative for successful business. To improve the management of IT in accordance with regulatory requirements, organizations are using best practice frameworks to facilitate the work.