Audit, assurance & evidence · Core

Compliance audit

Also called: regulatory audit

ELI5

An audit assessing conformity with specified laws, rules, contracts or policies.

Used in conversation

“Do not describe compliance audit as assured beyond the scope of the engagement.”

Pitch context

You will see “Compliance audit” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches audit, assurance & evidence.

Why it matters: In audit, assurance & evidence, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 5

Direct term-level sources and supporting source families.