This is an international professional association which is focused on the information technology governance. It was previously regarded as the Information Systems Audit and Control Association (De Haes & Van Grembergen, 2004). ISACA originated back in the USA in 1967 when a group of people who were working on the auditing controls in the computer systems began to critically increase operations in their organizations. They identified for a need to have a common centralized source of the information as well as the guidance in the field. Currently, ISACA serves to more than 140000 professionals to over 180 countries globally (De Haes & Van Grembergen, 2004). It works to almost all the industry categories, which include financial and banking, public accounting, government as well as the public sector along with manufacturing. This diversification has enabled on the members to be able to learn from one another, and this has enabled them to exchange widely divergent various viewpoints on different professional topics. This has been regarded as one of the ISACA strong point. Additionally, ISACA strength has also been on the chapter network it offers (Höne & Eloff, 2002). It has more than two hundred chapters which have been formulated to more than eighty countries globally, and these chapters have provided on their members with the education, resource sharing, as well as the professional networking and other benefits on the local levels (Höne & Eloff, 2002). Since its formation ISACA it has become the pace setting global company when it comes to the information governance, security, control as well as the professional audits. The organization IS auditing and the control standards have been followed by many practioners globally.
Over the years ISACA has provided practical guidance, benchmarks as well as other effective tools for organization especially those that use information systems (Höne & Eloff, 2002). This organization helps the business as well as the information technology leaders to build the trust in and the value when it comes to the information systems. It has been able to provide cybersecurity Nexus trade mark, which is a comprehensive set for all the resources particularly for the cybersecurity professionals (Höne & Eloff, 2002). Moreover, the organization provides the business framework which could help the enterprises to be able to govern and manage on their information and technology. It is important to note that ISACA provide advances along with validating of the business critical skills and the knowledge through globally respected certification of the information systems auditors, and the certified in the Governance of Enterprise IT along with the certified in Risk and information systems control.
ISACA organization has been providing volunteering opportunities especially to its members. the company greatest assets is their members, and particularly those members who set forward and volunteer when it comes to contributing to the work of the association through providing of the exceptional services (Lainhart IV, 2000). The volunteers more often make a valuable contacts, and they are able to strengthen on their leadership skills along with learning more about the company while at the same time contributing to their professional base knowledge.
ISACA has been tasked with the fulfilment of the training as well as the development of the requirements of the members such as the management of the memberships, as well as the increase of the awareness in regards to the needs of the members in the implementing of the information technology security along with the conducting of the IS audit in various industries.
The effective use of the information technology has been accepted by the organizational imperative for all the business to the various sectors. When it comes to ISACA they have a COBIT which is the control for information and the related technology that is regarded as the good practice framework that is formulated for the purpose of the information technology management and the information technology governance (Dowling, 2014). The interest when it comes to the IT governance has been due as a result of the ongoing needs within a business to focus on the value of creating efforts on an organization strategic objectives to be able to manage much better on the performance of those who are responsible for the creation of the values (Saint-Germain, 2005). The information technology governance framework has been used in the identification, establishing as well as the linking of the mechanisms in order to oversee on the use of the information and the related technology used in the creating value and management of risk, which has been associated to the use of the information and technology.
The IT governance values have been existence to be able to help on the existing enterprise leaders to be able to understand on why the information technology goals should be aligned to those of the business, how the information technology deliver value, and how to measure on the performance (Dowling, 2014). Moreover, the IT governance in the ISACA has been tasked in making sure that the resources have been properly allocated and all the risks involved have been mitigated.
When it comes to the information technology governance ISACA has also brought other values such as the alignment where it has provided on the strategic direction of the IT as well as the alignment of the IT and the business with respect to the services (Tuttle & Vandervelde, 2007). Moreover, there has been growth in the realization that more management is required in the improvement of the management as well as the control of the information technology activities.
The management of the business risk has been an essential component when it comes to the responsible administration for any organization. Each and every business decision entails the executive to be in a position of balancing the risk as well as the reward (Senft & Gallegos, 2008). The ISACA has encompassed on the utilization of the information technology in order to provide a significant benefits to the organization, but this also involves the risks. As a result of the importance of the information technology to the overall business, the information technology needs to be treated just as any business risks (Senft & Gallegos, 2008). ISACA values integrate on the management of the information technology risk into the overall enterprise, thus allowing the organization to be in a position of making a risk return aware decisions. Moreover, the values enable the organizations to be able to understand on how to respond on the risk much quickly.
ISACA provides a comprehensive views when it comes to all the risks which are related on the use of the information technology and a similar and a thorough treatment when it comes to the management of the risks, from the tone along with the culture at the top to the operational issues. The ISACA values provides an insights that effectively management of the risk is imperative when it comes to the success of the organization (Milberg, Burke, Smith & Kallman, 1995). Most of the time often the IT risk has been overlooked and it is important to the business to be in a position to incorporate these risks into the corporate decision making processes. The information framework formulated by ISACA offers a set of the guidelines principles for the effective management of the information technology risk. The values usually complement on the COBIT, which is a comprehensive framework for the governance and the control of the business drivers, IT solutions as well as the services.
Conclusion
Over the years ISACA has provided a practical guidance, benchmarking tool as well as other effective tool which have been useful to many enterprises in their information systems. Additionally, it has been observed that through their guidance which is comprehensive, they have been able to define on the roles of the information systems governance, audit and the assurance along with the security professionals worldwide. ISACA has provided volunteering opportunities to the members which are highly regarded as a great assets. These individuals have contributed to the work provided by this organization and from this they have been able to strengthen on their leadership skills, and this has contributed greatly on their profession knowledge base. In this research summary, it has focused on what is ISACA, what it does and the value it has brought in regards to the information technology governance and the risk management. These parameters have been discussed broadly and the insight it will provide will help share the knowledge about the ISACA organization.
References
De Haes, S., & Van Grembergen, W. (2004). IT governance and its mechanisms. Information Systems Control Journal, 1, 27-33.
Dowling, C. (2014). A Big 4 firm’s use of information technology to control the audit process: How an audit support system is changing auditor behavior. Contemporary Accounting Research, 31(1), 230-252.
Höne, K., & Eloff, J. H. P. (2002). Information security policy—what do international information security standards say?. Computers & Security, 21(5), 402-409.
Lainhart IV, J. W. (2000). COBIT™: A methodology for managing and controlling information and information technology risks and vulnerabilities. Journal of Information Systems, 14(s-1), 21-25.
Milberg, S. J., Burke, S. J., Smith, H. J., & Kallman, E. A. (1995). Values, personal information privacy, and regulatory approaches. Communications of the ACM, 38(12), 65-74.
Saint-Germain, R. (2005). Information security management best practice based on ISO/IEC 17799. Information Management, 39(4), 60.
Senft, S., & Gallegos, F. (2008). Information technology control and audit. CRC Press.
Tuttle, B., & Vandervelde, S. D. (2007). An empirical examination of CobiT as an internal control framework for information technology. International Journal of Accounting Information Systems, 8(4), 240-263.
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