No abstract

COBIT, currently in its fifth edition, is a good-practice framework for the enterprise governance of IT. There is limited academic research that either analyzes COBIT or leverages COBIT as an instrument in executing research programs. Through linking core elements and principles of COBIT to insights from IT-related and general management literature, this paper explores the use of COBIT in future research activities. This paper positions COBIT as a framework for enterprise governance of IT. The major directions and core principles of the framework are described. Connections are made of these directions and principles to the relevant literature. Research questions for future research around enterprise governance of IT and COBIT 5 are proposed and discussed.

No abstract

No abstract

The use of Internet technology for corporate reporting is now a well-established activity in many countries that have developed securities markets. From a supply perspective, any corporation in the world wishing to build an international profile or tap international sources of funds must have a corporate web site that includes an investor relations component. From a demand perspective, investors rely increasingly on corporate web sites for periodic and annual financial statements and also for press releases, speeches, investor conference calls as well as links to product and other information. Increasingly securities regulators are mandating the use of the Internet for corporate performance disclosure purposes. The rapid increase in voluntary and mandated Internet financial reporting brings the issue of audit of such disclosures firmly to centerstage.The use of Internet technology for corporate reporting is now a well-established activity in countries that have developed securities markets, raising many questions for the provision of audit and assurance on such reports. This paper reviews the state of guidance provided by securities regulators and audit standards setters. We find that, notwithstanding the recognition by various audit standards bodies of the need for further guidance to auditors on the implications of Internet financial reporting; the actual pronouncements made thus far by the various bodies around the world fall considerably short as a response to the challenges that arise from current and future Internet reporting technologies. We point in particular to shortcomings related to the way in which users interact with Internet financial reporting web sites, the implications of this interaction and on what we term 'information component' technologies such as the XML-based eXtensible BusinessReporting Language (XBRL). The paper sets out a range of institutional, standards setting and technological solutions to these issues. function associated with Internet financial reporting, the validity of the traditional boundaries of the audit function in an Internet-based disclosure environment, and the appropriateness, and use, of the audit report associated with Internet financial reporting. We review the state of guidance provided by securities regulators and audit standards setters. We find that, notwithstanding the recognition by various audit standards bodies of the need for further guidance to auditors on the implications of Internet financial reporting, the actual pronouncements made thus far by the various bodies around the world fall considerably short as a response to the challenges that arise from current and future Internet reporting technologies. We point in particular to the way in which users interact with Internet financial reporting web sites and the implications of this interaction and on what we term 'information component' technologies such as the XML-based eXtensible Business Reporting Language (XBRL). We discuss a set of institutional, standards setting and technological solutions to these...