Toronto - IT Governance 2006, a symposium designed to equip financial services and other organizations with the knowledge needed to identify and implement a sound IT governance framework, including the IT Infrastructure Library (ITIL) and Control Objectives for Information and Related Technology (COBIT), will be held August 6-8 in Orlando.

Sponsored by Pink Elephant, a Toronto, Ontario-based provider of IT service management conferences and education, the conference will include practical sessions, case studies and certification training. According to the IT Governance Institute (ITGI), Rolling Meadows, Ill., IT governance is now considered as critical a board and management discipline as corporate or enterprise governance. Effective IT governance helps to ensure that IT supports business goals, maximizes business investment in IT, and appropriately manages IT-related opportunities and risks. Such risks include legal and financial consequences stemming from non-compliance with corporate accounting legislation; namely, the Sarbanes-Oxley Act.

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