Compliance audit

Compliance audit

that an organization or individual adheres to the established standards, regulations, and guidelines during an audit. This involves a thorough examination and verification of financial records, processes, and practices to ensure they align with the applicable laws and industry standards.

The goal is to assess and confirm that the entity being audited is operating in a transparent, ethical, and legal manner. Achieving compliance audit is crucial for building trust with stakeholders and demonstrating a commitment to accountability and regulatory requirements.

Why are compliance audit being important?

• Risk mitigation
• Safety and well-being
• Legal protection
• Reputation building
• Industry dominance
• Operational continuity