IIA-Australia White Paper - An Integrated Governance Model

IIA-Australia White Paper - An Integrated Governance Model

Author

Michael Parkinson BSc(Hons), GradDipComp, PFIIA, CIA, CISA, CRMA, CRISC

Date

 2023

Topics Explored

Governance

Format

White Paper

Extract/Description

An organisation should have a single, integrated process for achieving its purpose. Commonly this process is defined in terms of governance and management. There are many frameworks designed to assist organisations to set up processes such as governance, risk management and compliance but these have been independently developed and are not completely consistent.

This model maps each of the subordinate frameworks onto a single governance framework.

Key Points

  1. The various models and framework can be mapped onto a single integrated framework.
  2. The integrated framework has five components that are essential in a well governed organisation.
  3. Each of the five components has multiple inter-related aspects.
  4. The widely used governance models all map to this model and their points of commonality and difference become clear.

Relevant Industries

All

Level of Assumed Knowledge

Intermediate