2. 3 4. 5. 6. 7. Explain the differences between each type of audit risk. How is a financial audit different from an information systems audit? Why do all audits follow a sequence of events that can be divided into four stages, and what are the four stages? Name and describe the different types of audits. Describe the risk-based audit approach. Describe how audit evidence can be collected. Describe the difference between concurrent audit techniques and embedded audit modules