Definition of Regulatory Compliance Audits
Regulatory Compliance Audits are systematic evaluations to ensure that an organization adheres to industry-specific laws, government regulations, and internal policies. They help verify compliance with legal and regulatory requirements
- Purpose: Verify adherence to industry-specific laws, government regulations, and company policies.
- Examples: HIPAA (healthcare), GDPR (data privacy), SOX (financial reporting), environmental regulations.
- Frequency: Annually or as required by regulatory bodies.