Compliance is a comprehensive review of an organization’s adherence to regulatory guidelines.
The outcomes evaluate the strength and thoroughness of compliance preparations, security policies, user access controls and risk management procedures over the course of a compliance audit.
What precisely is addressed varies depending on whether an organization is a public or private company, what types of data it handles, and if it transmits or stores sensitive financial data.
It gauges the overall risks to compliance and security and to determine whether the company is following internal guidelines.
The reports can be used by management teams to identify areas that require improvement.They measure company objectives against output and strategic risks.