Compliance Audit verifies that organizational processes and practices adhere to laws, regulations, and internal policies.
Description: A compliance audit reviews an organization’s adherence to external regulations, standards, or internal policies. It ensures that the organization is operating in compliance with laws and regulations such as environmental laws, industry-specific regulations, tax laws, or data protection laws (e.g., GDPR). Compliance audits are critical for avoiding legal and financial penalties and ensuring ethical business operations.
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