The document discusses the evolution of information technology from early data collection and processing to modern electronic data processing and networking. It notes that emerging technologies and regulations have led to the need for governance over business IT infrastructure to ensure proper operational controls and prevent abuse or misuse. Compliance frameworks help provide assurance that technology is being used appropriately and in a controlled manner, like the scientific process it aims to emulate.

1. Need for compliance

2. Journey of Information
Technology
•collection and collation of data in a structured format
•used for business accounting

3. Business accounting
includes
inventory accounting
financial accounting
management accounting

4. use of information
technology
data entry era
data processing
electronic data processing

5. information from several departments were
collected and sent to EDP with structured
forms and formats

6. programs were written to process
these data

7. • produce the desired reports or
outputs as required by the user
group.

8. phase of the technological
entry
Regulated by the technology bodies
that created standards

9. specifications
for the
developers of
the hardware
components
such as memory
chips ,
processors ,
assemblers

10. write programs on these
processors, compilers for the
interface programs and device
drivers.

11. advancement in IT
technology
internet due to which the use of
computers and application has been
used at multiple locations.

12. changing technology and emerging
regulation has led to the need for
governance over the Business IT

13. IT infrastructure
necessary features that can be
used for operational controls.

14. interfaced by human who have
inherent natural processing
capabilities can use business IT

15. abuse and misuse IT

16. Science
Science is always known for its
discipline
always controlled by certain
postulates that have created
procedures for doing experiments

17. identifying the list of tools or
infrastructure required
list of consumables that will part
take in the experiment

18. gathering or observation during
the experiments are always
recorded in structured tables.

19. process of meeting the end
objectives of the experiment
table is done through calculations
that used formulae is a processing
control

20. inference that leads to results and
conclusion comes from the human
interface on the subject giving rise
to material statements

21. Technology
application of these sciences and
the rules come as procedures and
output measures as specifications

22. Technology
definite measurable input and
output.

23. Compliance
helps in providing a control
framework

24. level of compliance
provides an assurance framework

25. degree of assurance
sets the pointer to show the scale of
reliability of the level of trust that
can be put forth while dealing with
an enterprise.

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