Compliance Audit
/kəmˈplaɪəns ˈɔːdɪt/
Definitions
- (n.) A systematic examination of an organization's adherence to legal, regulatory, or internal policy requirements.
The compliance audit revealed several instances where the company failed to meet regulatory standards.
Forms
- compliance audits
Related terms
See also
Commentary
Compliance audits focus specifically on conformity with laws and regulations, distinct from financial audits that assess financial statements.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.