Different with traditional concept of audit
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Traditional auditing is associated with conducting tests to issue an opinion on the truth and fairness of the financial statements of the company being audited.
These tests include tests on the internal controls that the company uses to produce figures in the financial statements, tests on the amount balances of the accounts, and tests on the overall posting system of its accounts.
On to information system (IS) auditing.
Many people mistakenly assume that IS IT which it's definitely not
It's a common misconception that anything with the phrase INFORMATION SYSTEM is equivalent to INFORMATION TECHNOLOGY
In brief, information system is the system of how the information flows within a company, and it may be made up of sub-systems such as the purchase system, the sales system, the capital expenditure system, etc
These tests include tests on the internal controls that the company uses to produce figures in the financial statements, tests on the amount balances of the accounts, and tests on the overall posting system of its accounts.
On to information system (IS) auditing.
Many people mistakenly assume that IS IT which it's definitely not
It's a common misconception that anything with the phrase INFORMATION SYSTEM is equivalent to INFORMATION TECHNOLOGY
In brief, information system is the system of how the information flows within a company, and it may be made up of sub-systems such as the purchase system, the sales system, the capital expenditure system, etc
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