Financial Audit vs. IS Audit
Financial Audit & IS Audit apply the same auditing methodology and similar auditing techniques. Actually a lot of auditors hold the CPA & CISA simultaneously. so I think there must be a lot of similar things between them.
Obviously, the big difference is that they're working on different objects. However, sometimes these two objects go together such as accounting information system.
I just wonder how great impact IS audit will have on information system such as ERP? A lot of companies in China have already got ERP system for their business operation. Why they don't need a CISA to look after the system, while they usually have an internal auditor... a bit confused.