COBIT | Control Objectives for Information and Related Technologies | Overview

COBIT, which standards for Control Objectives for Information and Related Technologies, is a framework developed by ISACA (www.isaca.org) that consists of best-practices for organizations to implement regarding achieving stated objectives for the governance and management of enterprise Information Technology (IT). Over the years, there have been numerous COBIT publication, starting with its first release in the mid 1990's, and on up to COBIT 5, which was put released in 2012. COBIT 5 is comprehensive indeed, spanning a wide range of I.T. related topics and information.

COBIT Framework | Well-Known and Well-Used | SSAE 18, SOX, and More

Many practitioners, particularly those in the global profession of accounting, have utilized the COBIT framework in the past for testing and reporting on controls at service organizations (i.e., SAS 70) and continue to use it in regards to SSAE 16 , ISAE 3402 reporting, along with other country | region specific reporting standards for service organizations. Additionally, COBIT is used for a wide-variety of other I.T. related measurement initiatives, such as helping plan and define internal audit functions within organizations, assistance with Sarbanes-Oxley compliance, just to name a few.

In summary, COBIT, particularly COBIT 5, is an excellent framework for the governance and management of enterprise Information Technology (IT). You can purchase a copy of COBIT 5 from ISACA, or if you're a member, then the document is available via download as part of one's annual membership dues. Other notable COBIT publication over the years have been the following: COBIT 4.0, COBIT 4.1, Val IT 2.0