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Glossary / Also known as

Regulatory audit

Another name for Compliance Audit.

Other names
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What does regulatory audit mean?

Regulatory audit is another name for Compliance Audit. A systematic examination to verify that an organization adheres to applicable laws, regulations, and internal policies.

The two names mean the same thing. You will see "regulatory audit" in some ledgers, reports and contracts and "Compliance Audit" in others. The full entry covers how it works, with examples.

Read the full definition of Compliance Audit

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From the glossary

Related terms.

Audit and controls Compliance Audit A systematic examination to verify that an organization adheres to applicable laws, regulations, and internal policies. Also called regulatory audit, compliance review Company law and governance Company Secretary (CS) A governance professional responsible for ensuring a company's regulatory compliance and advising the board on legal matters. Also called practising company secretary, corporate secretary Audit and controls Financial Audit An independent examination of a company's financial statements to provide assurance on their accuracy and true and fair view. Also called statutory audit, audit of financial statements, external audit Audit and controls Internal Audit An independent assessment function within an organization that evaluates and improves the effectiveness of risk management, controls, and governance. Also called internal audit function, management audit Statutory compliance Compliance Management A systematic approach to identifying, tracking, and fulfilling an organization's regulatory obligations across all applicable laws. Also called compliance management system, compliance programme Audit and controls Audit Trail A chronological, tamper-evident record of system activities, transactions, and data changes for accountability and compliance. Also called audit log, edit log, audit history
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