Explain the characteristics of a compliance audit.
Response must be sustantive.© BrainMass Inc. brainmass.com June 4, 2020, 1:41 am ad1c9bdddf
A compliance audit is an engagement that studies whether the activities and policies of the organization are in alignment or adhere to the regulations that apply to the activities and organization.
The procedures to find out whether the organization is in compliance with whatever rules apply to them include conducting interviews of management and workers, reviewing the responses of questionnaires, observing the process and activities, studying paperwork records of inspections and events, and testing systems and ...
Your tutorial is 268 words plus two references and gives an example of a compliance audit as well as drawing a parallel between financial statement audits and a compliance audit.