Which organization developed COBIT in 1996?

Prepare for the Information Systems and Controls (ISC) CPA Exam. Study with flashcards and multiple-choice questions, each with hints and explanations. Get ready to excel!

The correct answer is that the Information Systems Audit and Control Association (ISACA) developed COBIT in 1996. COBIT, which stands for Control Objectives for Information and Related Technologies, is a framework for developing, implementing, monitoring, and improving IT governance and management practices. ISACA, being an independent association, has a significant focus on IT governance, audit, and control practices, which aligns perfectly with the objectives of COBIT.

ISACA was created by IT governance professionals who recognized the need for a comprehensive framework that organizations could use to support effective management of IT processes and risks. Therefore, COBIT serves as both a toolkit and a set of standards that help ensure IT aligns with business goals while managing risk and ensuring compliance.

The other organizations listed, such as ISO, NIST, and IEEE, have their own frameworks and standards related to information systems and controls, but they were not involved in the development of COBIT. ISO is known for broader international standards across various fields, while NIST focuses on standards and guidelines for federal information systems in the U.S., and IEEE primarily develops standards for electrical and electronic engineering. None of them addressed the specific needs covered by COBIT during its creation.

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