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There are many financial organisations where one could go for information about audit compliance. There is also the Compliance Audit Handbook produced by the DEC which gives useful information.

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Where can one learn more about compliance online?

There are various sites where you can find out about compliance online for example the compliance online website. This site will take you through training and teach you more on what you need to know.


What does Scorm Compliance stand for?

SCORM Compliance stands for Sharable Content Object Reference Model. You can learn more about SCORM online at the official Scorm website. Once on the page, click on "Scorm Explained" to learn more.


What is the difference between Audit and Inspection?

Dear Friends, I would like to answer the question as below: Inspection is an observation. Inspection is to examine closely any equipment or facility. It may be formal(with a plan and a check-list) or informal.Examples: 1. Inspection of a Fire Tender with a checklist for its operability, worthiness of its fire water pump , fire monitor etc.2. Inspection of the tank shell for finding any deformity, thinning etc. Audit is a process of evaluation and to measure performances that is based on Standards & Guidelines, identifies the compliance & non-compliance based on Standards and is neutral. There are three types of audit namely: 1) Legal Compliance Audit 2) Internal Standards Audit 3) System Audit Audit is the verification of a Process, a System or a Procedure. Examples:1. Audit of Firewater pump house. 2. Audit of a Process Plant 3. Audit of Quality Control Laboratory. Here the systems and processes are verified with respect to a documented procedure. Thus the audit of a quality control laboratory will involve the verification of the existence of the quality control procedure, sampling procedure, reporting procedure etc. Learn more about the difference between a home inspection and energy audit by visiting: http://jimbushart.wordpress.com/2012/06/14/difference-between-the-home-inspection-and-the-energy-audit/


What is difference between inspection and auditing?

Dear Friends, I would like to answer the question as below: Inspection is an observation. Inspection is to examine closely any equipment or facility. It may be formal(with a plan and a check-list) or informal.Examples: 1. Inspection of a Fire Tender with a checklist for its operability, worthiness of its fire water pump , fire monitor etc.2. Inspection of the tank shell for finding any deformity, thinning etc. Audit is a process of evaluation and to measure performances that is based on Standards & Guidelines, identifies the compliance & non-compliance based on Standards and is neutral. There are three types of audit namely: 1) Legal Compliance Audit 2) Internal Standards Audit 3) System Audit Audit is the verification of a Process, a System or a Procedure. Examples:1. Audit of Firewater pump house. 2. Audit of a Process Plant 3. Audit of Quality Control Laboratory. Here the systems and processes are verified with respect to a documented procedure. Thus the audit of a quality control laboratory will involve the verification of the existence of the quality control procedure, sampling procedure, reporting procedure etc. Learn more about the difference between a home inspection and energy audit by visiting: http://jimbushart.wordpress.com/2012/06/14/difference-between-the-home-inspection-and-the-energy-audit/


How do audit committees use internal control to gain more understanding?

This question is a bit vague. If you mean how do they execute their responsibilities internally, they request company financial records from those in control of them, and audit them for compliance with federal regulations. They then have a mandate to report their findings to an external auditor.


Which is the best audit management software?

Qualityze is the best Audit Management Software which is designed to help businesses enhance compliance, streamline audit processes, and drive continuous improvement. Built on the Salesforce cloud platform, it provides a secure, scalable, and AI-powered solution for managing audits efficiently. This software supports Global Standards: Ensures compliance with ISO 9001, ISO 13485, FDA 21 CFR Part 11, IATF 16949, HIPAA, OSHA, and more. Identifies & Mitigates Risks: Risk-based audit management helps businesses prioritize high-risk areas. Audit Trails & Documentation: Maintains a tamper-proof record of all audits for regulatory inspections. Automates Audit Workflows: Reduces manual efforts by automating planning, scheduling, execution, and reporting. Standardized Audit Checklists: Ensures consistency across audits for better compliance tracking. Role-Based Access: Assigns specific roles and responsibilities to auditors and stakeholders. Read more - qualityze dot com/audit-management


What is the definition of a brand audit?

The definition of a brand audit is a examination of all brand characteristics and behaviors that relate to a particular brand. You can find more information on brand audits through many business strategy resources.


What means to enhance compliance with protective action recommendations?

action - something that you do protective - (being) something that protects protective action - things you do, to protect yourself or other people (from something) recommendations - someone has done some research; this is a list of what they think is good protective action recommendations - a list of things someone thinks you should do to protect yourself and others compliance with - to "comply with" something is to "do what it says"; "compliance" is "doing as instructed" enhance - make better (by doing something to something) enhance compliance - bad English; should be "improve compliance" or "increase compliance"; make it so that people do what they are told more and better So… "enhance compliance with protective action recommendations" means "make it so that people do the things that were recommended, to protect themselves and others". (The person who wrote the phrase in question should learn to write more clearly.)


Who does an human resource audit?

An human resource audit can be conducted by HR professionals within an organization or by external consultants specializing in HR audits. The audit involves reviewing HR policies, practices, and procedures to ensure compliance with regulations, identify areas for improvement, and align HR strategies with organizational goals.


How are large NBFCs well placed to meet RBI's latest provisioning norm?

Regulatory Compliance is increasing and becoming more challenging every day. With RBI extended mandate and guidelines for above class of banking or finance entities to Audit management system having a Risk Based Internal Audit (RBIA) Is Imperative to manage compliance risk effectively. Our Risk Based Internal Audit Management (RBIA) solution integrates the entire working of Audit department within single software solution, reducing manual efforts required and making audits more impactful for Non-banking financial companies and Urban Co-operative banks. The solution will cover the following actions: – Will adopt a risk-based audit methodology Create Audit Calendar and assign Auditors to respective audits *Enabling entire planning and Auditors allocation within the system Offer Audit checklist to enable auditors capture their observations, attach working papers etc. in one Enable follow up on issues and actions Automated reporting for Higher Management and Audit committees Adopt Claptek’s efficient & transparent Global software, with the expertise of audit & risk management professionals and 20+ years of experience in Risk & Audit domain.


Which is costly... Compliance or Non-compliance?

I think its non compliance, costs associated with the penalties for non compliance can be several times more, than complying with legal guidelines. Governments worldwide have been placing companies under scrutiny as corporate failures and fraud has demonstrated the need for legislation. In such a scenario, every organization should seek compliance perspective from external sources, not only to handle the costs, but also to deal with the process smoothly. Learn more about Compliance Management here http://www.thecomplianceauthority.com/. Compliance experts will prove helpful in dealing with this expensive affair.


What is a green energy audit?

Having someone preform a green energy audit will help you get some e ideas on how to become more green. They will tell you how to conserve energy better and what products to buy to help you conserve energy. But in the long run it will be up to you to become more green.