What is the significance of a 'risk-based audit approach' in IS auditing?


Which of the following is the first step in the information systems audit process? Which of the following best describes 'continuous auditing'? What is the main focus of 'data integrity' controls in information systems? What is the primary purpose of performing a risk assessment in an IS audit? What is the main goal of an IT audit program? In the context of IS auditing, what does 'CAAT' stand for? What is a 'control self-assessment' (CSA) in IS auditing? Which technique is used to identify patterns or anomalies in data during an IS audit? Which of the following is a key component of an IS audit's fieldwork phase? Which of the following is a detective control in information systems? What is the primary objective of an information systems audit? What is the main focus of a general controls review in an IS audit? What is the significance of a 'compensating control' in an IS audit? What is the significance of a 'risk-based audit approach' in IS auditing? Which of the following is a key consideration when assessing the adequacy of backup procedures during an IS audit? Which of the following best describes 'penetration testing' in an IS audit? What is the role of 'audit trails' in information systems auditing? What does 'ITGC' stand for in the context of IS auditing? During an IS audit, what is the significance of a 'control deficiency'? What does the acronym COBIT stand for in the context of IS auditing? During an IS audit, what is the importance of 'evidence reliability'? Which audit technique involves following a transaction through the entire processing cycle? Which phase of the IS audit process involves evaluating the audit findings and making recommendations? What is the primary purpose of segregation of duties in IT controls? Which type of audit evidence is considered most reliable? What is the primary benefit of 'integrated auditing' in the context of IS audits? Which of the following is an example of a preventive control in information systems?