IT Governance

IT governance is an element of corporate governance, aimed at improving the overall management of IT and deriving improved value from investment in information and technology. IT governance frameworks enable organisations to manage their IT risks effectively and ensure that the activities associated with information and technology are aligned with their overall business objectives.

The Five Domains of IT Governance

The IT Governance Institute (a division of ISACA) breaks down IT governance into five domains:

  1. Value delivery

  2. Strategic alignment

  3. Performance management

  4. Resource management

  5. Risk management

As IT governance plays a crutial role in strategic performance, internal auditors are expected to include it in their audit plans.

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