Audits

A compliance audit is a comprehensive review of an organization's adherence to regulatory (external); and corporate (internal) guidelines. Auditors review policies, controls, safety, and risk management procedures over the course of a compliance audit. What, precisely, is examined in a compliance audit will vary depending upon an organization. Compliance auditors will generally ask administrators a series of pointed questions over the course of an audit.

Compliance is either a state of being in accordance with established guidelines, specifications, or legislation or the process of becoming so. Compliance in a regulatory context is a prevalent business concern, perhaps because of an ever-increasing number of regulations and a fairly widespread lack of understanding about what is required for a company to be in compliance with new legislation.

As compliance has increasingly become a concern of corporate management, corporations are turning to specialized software, consultancies, and even a new job title, the Chief Compliance Officer (COO). Electrisk has assisted in, and/ or performed, hundreds of internal audits in an effort to help organizations discover gaps in complying with internal or external procedures and standard practices. We can do the same for your organization.