COBIT TRAINING COURSE INTRODUCTION:
COBIT stands for Control Objective for Information and Related Technology. It helps meet the numerous needs of management by the bridging gaps between business risks, control needs and technical issues. COBIT Training course supplies best practices across a domain, process framework & presents activities in a manageable and logical structure.
COBIT Training course contains an implementation tool set that provides lessons learned from those organizations that quickly and successfully applied COBIT in their work environments. It has two particularly useful tools management awareness diagnostic and IT control diagnostic to assist in analyzing organization’s IT control environment.
COBIT Online Training Course Content
- Cobit Context: Emergence of Enterprise and IT Governance
- Cobit Audience: Management , User and Auditors
- Cobit framework specifies
- Cobit family of products
- Cobit Training Business Objective Orientation
Cobit Components for IT process DS2
- Cobit Framework navigation
- Concept and Importance of DS2 Manage third party services
- Control Objectives for DS2 Manage third party services
- Control Practices for DS2 Manage third party services
- Audit Guidelines for DS2 Manage third party services
- Management guidelines for DS2 Manage third party services
- POI Define a Strategic Information Technology Plan
- PO9 Assess Risks
- PO10 Manage Projects
- A12 Acquire & Maintain Application Software
- DS5 Ensures Systems Security
- DS6 Identify and Allocate Costs
- M1 Monitor the Processes
- M2 Assess Internal Control Adequacy
Course Objectives for COBIT Training:
- Define the scope of COBIT implementation.
- Prepare the Project Plan for COBIT implementation.
- Perform a formal risk assessment.
- Select relevant Process Areas from COBIT & the controls therein.
- Implement COBIT within the defined scope.
- Monitor and audit the management processes using COBIT.
- Demonstrate the Project management skills.
- Contribute to business improvement through continual improvement techniques.
COBIT Training Business Objective Orientation:
Cobit is aimed at addressing objectives. The control objectives make a clear and distinct link to business objective to support significant use outside the assurance community. Control objectives are defined in process oriented manner following principle of business reengineering. In Cobit online training identified domain and processes, high level control objective is identified and rational is provided to document the link to the business objective. In addition, considerations and guidelines are provided to define and implement the IT control objective.
The classifications of domain where high level control objective apply are an indication of the business requirement for information in that domain, as well as IT resources primarily impacted by the control objectives. Together, they form the Cobit training framework. The framework is based on research activities that have identified 34 high level control objectives & 318 detailed control objectives. The framework was exposed globally to the IT industry and the audit profession to allow an opportunity for review, challenge & comment. The insights gained have been, and will continue to be, appropriately and consistently incorporated.
COBIT Training framework Specifics:
- To fully understand the Cobit framework, the following definitions are provided. Control is adapted from the COSO report and IT control objective is adapted from the systems audit ability and control report.
- Control id defined as the policies, procedures, practices and organizational structure designed to provide the reasonable assurance that business objectives will be achieved and undesired events will be prevented or detected & corrected.
- IT control objective is defined as a statement of the desired result or purpose to be achieved by implementing control procedures in particular IT activity.
- IT governance is defined as a structure of relationship and processes to direct & control the enterprise in order to achieve the enterprise’s goals by adding value while balancing risk vs return over IT and its processes.
- In Cobit online training there are two distinct classes of control models currently available. Those of business control model class and the more focused control models for IT. Cobit aims to bridge the gap that exists between the two.
- Cobit foundation is therefore positioned to be more comprehensive for management and to operate at a higher level than pure technology standards for information systems management.
- The Underpinning concept of Cobit framework is that control in IT is approached by concentrating on information that is need to support the business objectives or requirements, & by looking at information as being the result of the combined application of IT related that need to be managed by the IT processes.
- To satisfy business objective, information needs to conform to certain criteria. These criteria are referred to, in Cobit, as business requirement for information.
- In establishing the list those requirements, Cobit training combines the principles embedded in existing & known reference models.
Quality requirement include:
Fiduciary requirement include:
Effectiveness & efficiency of operations
Reliability of information
Compliance with laws and regulations
Security requirement include:
- Cobit did not attempt to reinvent the wheel for the fiduciary requirements: COSO’s definitions for effectiveness & efficiency of operations, reliability of information and compliance with laws & regulations were used.
- However, reliability of information was expanded to include all information not just financial information.
- With respect to security requirement, Cobit identified confidentiality, integrity & availability as the key elements. These same three elements, it was found, are used worldwide in describing IT security requirements.
- Cobit online training Starting the analysis from broader quality, fiduciary and security requirements, and seven distinct, certainly overlapping, categories were extracted. Cobit working definitions for each follow.
- Effectiveness – Deals with information being relevant & pertinent to the business process as well as being delivered in a timely, correct, consistent and usable manner.
- Efficiency – Concerns the protection of sensitive information from unauthorized disclosure.
- Integrity – Relates to accuracy and completeness of information as well as to its validity in accordance with business values & expectations.
- Availability – Relates to information being available when required by the business process now and in the future. It also concerns the safeguarding of necessary resource & associated capabilities.
- Compliance – Deals with complying with those laws, regulations & contractual arrangements to which the business process is subject, externally imposed business criteria.
- Reliability of information – Relates to the provision of appropriate information for the management to operate the entity & for management to exercise it’s financial and compliance reporting responsibilities.