Our view of IT-Governance
In response to increasing legal and other requirements like Basel II or the Sarbanes Oxley Act many companies have IT Governance on their agenda. With IT Governance IT can become the strategic factor for added value of an enterprise. IT also can help to reach business goals. But resulting risks must remain controllable by an adequate internal control and monitoring system.
Efficient IT Governance relies on the pure business view of IT in accordance to the company's business strategy and on IT controls (risk minimizing measures). With this point of view, an implemented IT control framework enforces the compliance with predefined rules or IT processes and supports compliance checks.
The PricewaterhouseCoopers Approach for IT-Governance
An IT control based IT Governance approach consists of 5 steps, starting with the identification of the requirements.
In consideration of the business needs and the identified risk an IT Process & Control Framework is designed. It integrates processes and controls in a combined model. During the establishment (rollout) the IT Process & Control Framework is placed in operation in all business units or affiliated companies. The implemented controls and processes are regularly checked for divergence of the defined framework in the phase “Check Compliance”.
Your Benefits
- Improving the internal control system and risk management,
- Compliance with regulatory requirements,
- Cost reduction due to an optimized use of IT resources and synergy effects,
- Proven security and quality of IT Services in accordance to int. standards
- Improving (customers) trust in IT.
Why choose PricewaterhouseCoopers as your partner
- We have a world wide network of specialists with proven market and technology background,
- As a leading auditing company we know the challenge and pitfalls in establishing an IT-Process & Control Framework,
- With our solution-oriented way of proceeding we are partnering with you to optimise your comfort on IT controls.
