Control Objectives for Information and Related Technology (COBIT) is a framework developed by ISACA; it covers several key areas in business governance and IT enterprise management. COBIT covers key areas in auditing, compliance, information assurance, IT operations, and security risk management. This framework has been around for several years and through several iterations; COBIT 5 integrates several other frameworks developed by ISACA into a single unified framework, including the Risk IT, Value (Val) IT, and the IT Assurance Framework (ITAF). It also provides for easy integration of other popular frameworks and standards, including The Open Group Architecture Forum (TOGAF), the Project Management Body of Knowledge (PMBOK), the Information Technology Infrastructure Library (ITIL), Projects In Controlled Environments 2 (PRINCE2), the Committee of Sponsoring Organizations of the Treadway Commission (COSO), and the many International Organization for Standardization (ISO) standards. This interoperability enables new users of COBIT to leverage any of these other standards they have already been using in their adoption of COBIT.
COBIT combines the best of tried-and-true standards into its fold; it is compatible with the principles of ISO/IEC 38500:2008, Corporate Governance of Information Technology, for example, and provides strategy and activities supporting those principles. COBIT also is interoperable, to various degrees, with standards such as the ISO/IEC 27000 series of standards and covers similar security and risk management areas under its domains.