Ready For Compliance?

  Governance   ProjectsAtWork  

Sarbanes-Oxley auditors will ask many questions, but among the first will be: What is your standard operating procedure? One answer is COBIT--a standard for IT planning, implementing and monitoring that can be leveraged with enterprise change management tools to automate regulatory compliance.

The Sarbanes-Oxley Act (SOA) has reset the responsibilities of organizational senior management and boards of directors, and the expectations of investors, regulators and external stakeholders. Compliance to regulatory issues is now one of the most dominant business challenges facing corporations today. As technology is at the core of business operation, governance rigor now absolutely applies to the CIO and the entire information technology organization. As companies move rapidly toward SOA compliance, there are many questions that arise about the appropriate measures required to improve IT governance. Which framework to follow? What support can vendors offer? Are there tools and solutions available to help?

One of the principle concerns facing IT departments is providing process and policies that help their organizations prepare for all business challenges. To accomplish this task, many teams choose a process methodology that satisfies all requirements while at the same time reducing the risks associated with noncompliance. Risk management includes evaluations and …

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