IT Governance: How to Control the IT Genie, Provide Transparency and Avoid a Corporate Horror-Story in Your Organization (Thorogood Reports)

"Modern capitalism is totally dependent on high standards of governance"—George Fox, previously Director General of The Institute of Directors New legislation has serious implications for your company, your reporting and the design of your IT systems Corporate fraud, illegal use of resources, sexual and racial harassment all increasingly occur in the digital domain. Directors face potentially huge fines and in some cases imprisonment for breach of the law. Are you aware of the sections of the Companies (Audit, Investigations and Community Enterprise) Act, 2004 affecting IT Governance? They came into effect in April 2005. Do you know what their implications are for your business? Good IT governance is central to good organisational governance. You cannot control what you can't measure. This specially commissioned report sets out: What the latest legislation says and what it means Its impact on the organization as a whole and on the IT group specifically How to implement an effective IT governance initiative in your company 7 key benefits you gain through effective IT governance: your information systems provide a true picture of the business you avoid the risk of stringent penalties you identify and manage IT-related risk efficiently your automated systems contribute effectively to your business goals you have an accurate picture of what is stored on your servers you know what your IT staff actually do, and above all you ensure transparency and avoid a corporate horror-story in your company This report is intended for: Board-level directors responsible for organisational governance and therefore good governance of automated systems. IT managers responsible for ensuring that the organisation's governance policies are effectively implemented. IT practitioners who want to assess the impact of an increased emphasis on corporate governance in their working life. Auditors keen to get to grips with IT governance issues. Are you aware of the sections of the Companies (Audit, Investigations and Community Enterprise) Act, 2004 affecting IT Governance? This report sets out: what the legislation says and what it means; its impact on the organization as a whole and on the IT group specifically; and how to implement an effective IT governance initiative in your company Title from eBook title screen (viewed on July 13, 2006).