The goals cascade is the nerve center of COBIT 5. It supports the identification of stakeholder needs and enterprise goals through the achievement of technical outcomes which, in turn, support the successful use of enabling processes and organizational structures (figure 1). Figure 1—The COBIT 5 Goals Cascade COBIT 5, through the goals cascade and enabling

  IT governance can be seen as a structure of relationships and processes to direct and control the enterprise’s use of IT to achieve the enterprise‘s goals by adding value while balancing risk versus return over IT and its processes. It provides the structures that links IT processes, IT resources and information to enterprise objectives.

Gone are the days of check list auditing (Tick and bash audit). To add value to business auditors need to go beyond check listing. Be it an application control review (ACR), IT General Controls Review (ITGCR), A project review or an integrated audit, it is imperative for any auditor business or IT to understand the

The role of CIO is fast changing from that of a technology leader to a business leader. CIOs are becoming more business oriented than ever before. It has become necessary for CIO to become permanent features on board meetings or in some cases permanent board members. IT directors will be phased out and CIO will become