In this lesson, Nick Palazzolo, CPA, kicks things off with an insightful exploration of the critical aspects of IT governance. He underscores the significance of understanding the roles and responsibilities of the key players within IT governance, ensuring a clear segregation of duties to prevent any boundary overstepping. Through a closer look at business information systems, their functions, and where they fit in the business framework, Nick establishes a fundamental structure for grasping this complex subject area. He also gives a rundown on pivotal topics such as networking hardware, cloud computing, various controls and processes, business process management, and Service Organization Control (SOC) reports, setting the stage for an in-depth learning experience in related lessons to come.