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Running head: ACCOUNTING INFORMATION SYSTEM
Accounting Information System
Student’s Name
Affiliate Institution
Instructor’s Name
Course
Date
1
ACCOUNTING INFORMATION SYSTEM
2
1. Explain the four steps of the risk-based audit approach, and discuss how
they apply to the overall security by taking a sample Saudi Company as
a case study. (2.5 Points)
The risk-based audit approach that provides a framework for conducting
information system audits consists of the following four steps:
1. Determination of threats, which include fraudulent acts and errors faced by
the company. Saudi Arabia’s Samba financial group, for instance, is exposed
to accidental or intentional attacks such as cybersecurity threats because it is
a financial institution....