Released on: April 18, 2008, 12:52 am

Press Release Author: Rahul

Industry: Telecommunications

Press Release Summary: ISACA has issued the IT Assurance Framework (ITAF), a
comprehensive assurance model incorporating standards and best practices To meet the
need for clear guidance on IT control.

Press Release Body: New Delhi (18 April 2008)-Effective internal controls are
critical to an organization\'s success-and while financial controls generally capture
the headlines, IT controls are equally critical. To meet the need for clear
guidance, ISACA has issued the IT Assurance Framework (ITAF), a comprehensive
assurance model incorporating standards and best practices.

\"ITAF provides a single source through which IT audit and assurance professionals
can seek guidance, research policies and procedures, obtain audit and assurance
programs, and develop effective reports,\" said Robert Parker, a past president of
ISACA and a developer of the framework.

The framework also:

. Provides guidance on the design, conduct and reporting of IT audit and assurance
assignments
. Defines terms and concepts specific to IT assurance
. Establishes standards, guidelines, and tools and techniques that address IT audit
and assurance professional roles and responsibilities, knowledge and skills,
diligence, conduct and reporting requirement

ITAF applies to individuals who act in the capacity of IT assurance professionals
and provide assurance over components of IT systems, processes, applications and
infrastructure. However, the IT assurance standards, guidelines, and tools and
techniques are also useful for a wider audience, including users of IT audit and
assurance reports.

The current version of ITAF incorporates ISACA\'s IS Auditing Standards and
Guidelines and allows for new guidance to be properly indexed as it is developed and
issued. It is designed to be a living document to enable relevant tools, techniques,
white papers and publications to be placed with the framework.

ITAF is applicable to any formal audit or assessment engagement. Its design
recognizes that IT assurance professionals are faced with different requirements and
different types of audit and assurance assignments-ranging from leading an
IT-focused audit to contributing to a financial or operational audit.

A complimentary PDF summary of ITAF is available to all at www.isaca.org/itaf. The
full publication is available as a complimentary PDF download for ISACA members and
can be purchased by nonmembers for US $45.

About ISACA
With more than 65,000 members in more than 140 countries, ISACA (www.isaca.org) is a
recognized worldwide leader in IT governance, control, security and assurance.
Founded in 1969, ISACA sponsors international conferences, publishes the Information
Systems Control Journal, and develops international information systems auditing and
control standards. It also administers the globally respected CISA designation,
earned by more than 55,000 professionals since 1978; the CISM designation, earned by
7,000 professionals since 2002; and the new CGEIT designation.

Web Site: http://

Contact Details: Sudha Sarin / Jerin Verghese / Rahul Sharma
Sampark Public Relations
New Delhi
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