What is the value of cobit

Assignment Help Management Information Sys

Reference no: EM133240894

Sarbanes-Oxley and the regulation of IT systems

In 2002 Sarbanes-Oxley (Sox) became law in the US. This requires a quite different and more rigorous form of company account with severe penalties for the chief executive who didn't comply, including prison sentences.Since all the data required to meet the auditing requirements would be in IT systems, the legislation has had a significant impact on IT management. In the UK and elsewhere it affects any company that has connection with the US, either thorough ownership, or having branches in the US.

Tasks
Introduce Sarbanes-Oxley, focussing on 404. Identify the issues it raised for IT management. Explain the impact of Sox on IT management, particularly on companies offering IT outsourcing.How did IT management respond? What is the value of CoBIT, ITIL and ISO20000 in responding to Sox? What is the process by which IT services should prepare to be Sox compliant?

Reference no: EM133240894

Questions Cloud

Three different variable costs in home : Suppose a business experiences a sudden increase in its fixed costs. For example, suppose property taxes increase dramatically.

Switch from pencils to pens in school : Consider the market for pens. Suppose that the number of students with an allergy to pencil erasers increases, causing more students to switch from pencils to p

Identify the challenges that data centres face : Identify the challenges that data centres face. What are the problems with data centres? How do data centres need to change? How can they cope with climate

Explain demand curve in market : Does a high crime rate in an urban neighborhood that has caused residents to move away count as a population-related event that shifts the demand curve in that

What is the value of cobit : What is the value of CoBIT, ITIL and ISO20000 in responding to Sox? What is the process by which IT services should prepare to be Sox compliant

Why is hiv called a retrovirus : Why is HIV called a retrovirus? What is the most common HIV subtype transmitted globally, explain

Discuss about china trading relation-mentioning : Briefly discuss about China trading relation-mentioning its balance of trade and balance of payment positions, major trading partners, major exports and imports

What is privacy and give a brief overview of thoughts : What is privacy? Give a brief overview of thoughts on the nature of privacy in the ICT context. What are the privacy issues for data centres

What condition does that microorganism cause : Question 1: What is the ONLY microorganism that can survive in stomach acidity?

User Account

All Pages