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Compliance Audit

Osman Husain Apr 10, 2023 4:11:38 PM

Compliance audits are conducted to determine whether an organization is complying with laws, regulations, policies, and procedures. These audits can be internal or external, depending on the circumstances. Compliance auditors use a variety of methods to identify areas of non-compliance and take corrective action to correct any problems that they find.

Why Are They Conducted?

There are many reasons why an organization would want to conduct a compliance audit. The most common reason is that it has been directed by a regulatory body such as the IRS for tax purposes or by another government agency for health and safety purposes.

In some cases, though, an organization may conduct an audit of its own accord if it believes that its operations need improvement or if it wants to show regulators that it is taking steps to help improve its performance.

Osman Husain

Osman is the content lead at Enzuzo. He has a background in data privacy management via a two-year role at ExpressVPN and extensive freelance work with cybersecurity and blockchain companies. Osman also holds an MBA from the Toronto Metropolitan University.

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