ISO 38500: Corporate Governance Auditing for IT and Payment Systems

Course Objectives:

• Understand the principles and framework of ISO 38500 in the context of corporate governance for IT.
• Learn to evaluate IT governance and its alignment with business objectives, especially in payment systems.
• Develop skills to audit IT governance practices and ensure compliance with ISO 38500 standards.
• Gain the ability to assess and improve governance processes for IT and payment systems.

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Introduction to ISO 38500 and Corporate Governance for IT

Content:

• Overview of ISO 38500 and its significance in IT governance.
• The role of corporate governance in IT and payment systems.
• Key principles of ISO 38500:
  • Responsibility
  • Strategy
  • Acquisition
  • Performance
  • Conformance
  • Human behavior
• Understanding the impact of IT governance on organizational performance.
• Introduction to the relationship between IT governance and corporate strategy.

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Governance Frameworks and Best Practices for IT and Payment Systems

Content:

• Exploring common frameworks that support IT governance (COBIT, ITIL, etc.).
• The role of risk management in IT governance, particularly in payment systems.
• Aligning IT and business strategy: how IT governance supports organizational goals.
• Key governance structures for IT management in organizations.
• Introduction to payment systems governance, focusing on regulatory and security requirements.

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Auditing IT Governance and Payment Systems

Content:

• Principles and approaches for auditing IT governance.
• Auditing IT policies, processes, and controls in alignment with ISO 38500.
• Assessing IT project performance and conformance to governance practices.
• Key audit areas for payment systems, including security, compliance, and data protection.
• Techniques for evaluating the effectiveness of governance frameworks in payment systems.

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Practical Approaches to Implementing ISO 38500 in IT and Payment Systems

Content:

• Steps to implement ISO 38500 within an organization.
• Developing an audit plan for assessing IT and payment systems governance.
• Case studies: Auditing real-world IT governance scenarios and identifying improvements.
• Tools and techniques for continuous monitoring and reporting on governance effectiveness.
• Strategies for improving governance and compliance in payment systems.

DATE:
1ST BATCH: 25th – 28th Feb, 2025
2ND BATCH: 12th – 15th Aug, 2025