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ISACA Webinar Examines Updated COSO Framework Draft and Its Implications on IT


Rolling Meadows, IL, USA —COSO’s updated draft of the Internal Control—Integrated Framework recognizes that technology is integrated into business processes and features a new standalone principle on technology and related attributes. Global IT association ISACA is hosting a live, free webinar on the draft framework and its implications from an IT perspective. Titled The COSO Internal Control Integrated Framework and its Implications on IT, the one-hour, free webinar is 23 February 2012 at 11 a.m. CST (UTC-5).
 
The webinar will be presented by Ken Vander Wal, ISACA international president and member of COSO’s Advisory Council, David Landsittel, chairman of the Committee of Sponsoring Organizations of the Treadway Commission (COSO), and Cara Beston, partner at PricewaterhouseCoopers and a member of the PricewaterhouseCoopers’ development team.

“ISACA supports the COSO enhancement project, recognizing it will help organizations improve performance and have a positive impact on enterprise IT,” said Vander Wal. “This webinar will put the magnifying glass on the IT aspects of the framework, enabling attendees to provide informed feedback and be a part of the process.”

Created by COSO along with PricewaterhouseCoopers, Internal Control—Integrated Framework helps organizations ensure that they have effective systems of internal control that address the changing needs of today’s complex business marketplace. Designed for organizations in all industries, of all sizes and with varied cultures and goals, the framework draft retains its core strengths, but enhances its internal control concepts.

Developers of the COBIT framework for governance and management of IT and COSO have identified the need for the convergence of IT audit, internal audit and fraud management within enterprises, due to budget reductions and the need for audit and investigation continuity. To fill this need, audit professionals should possess a combination of IT audit, internal audit and fraud management skills and, thus, be able to coordinate efforts among these departments. COSO’s updated framework seeks to arm audit professionals with the tools to accomplish this. The globally anticipated COBIT 5, due to be released this April, will also emphasize communication across the enterprise, further filling these gaps and providing much-needed guidance.

Register for the live webinar at www.isaca.org/webinars. Information on COBIT 5 is at www.isaca.org/cobit5. Information on COSO is at www.coso.org.

About ISACA

With 95,000 constituents in 160 countries, ISACA® is a leading global provider of knowledge, certifications, community, advocacy, and education on information systems (IS) assurance and security, enterprise governance and management of IT, and IT-related risk and compliance. Founded in 1969, the nonprofit, independent ISACA hosts international conferences, publishes the ISACA® Journal, and develops international IS auditing and control standards, which help its constituents ensure trust in, and value from, information systems. It also advances and attests IT skills and knowledge through the globally respected Certified Information Systems Auditor® (CISA®), Certified Information Security Manager® (CISM®), Certified in the Governance of Enterprise IT® (CGEIT®) and Certified in Risk and Information Systems Control™ (CRISC™) designations. ISACA continually updates COBIT®, which helps IT professionals and enterprise leaders fulfill their IT governance and management responsibilities, particularly in the areas of assurance, security, risk and control, and deliver value to the business.