Which type of audit approach focuses on matters that are significant for the auditee?

The risk-based approach is focused on identifying and prioritizing the significant matters that could impact the auditee's control environment and business objectives. This method involves assessing the risks associated with the auditee's operations and determining which areas warrant closer scrutiny during the audit process. By emphasizing areas of higher risk, auditors can allocate their resources and time more effectively, ensuring that the audit addresses the most critical aspects that could influence the organization's information security posture.

In this approach, the auditor analyzes the potential impact and likelihood of risks, helping to prioritize audit activities based on the significance of these risks. This ensures that the audit is aligned with the auditee's overall objectives and compliance requirements, enhancing the relevance and effectiveness of the audit process. Through this targeted focus, the audit can deliver more meaningful insights and recommendations to improve the auditee's information security management system.

Other approaches, while valuable in their own contexts, do not primarily center on the significance of matters to the auditee in the same way the risk-based approach does.