audit frameworks

An audit framework is a structured approach used to evaluate and improve an organization's processes, controls, and compliance with laws and standards. It provides guidelines and criteria for auditors to assess risks, gather evidence, and ensure transparency and accountability. Think of it as a roadmap that helps identify areas for improvement and ensures that resources are used effectively. Common audit frameworks include standards set by organizations like the International Organization for Standardization (ISO) and guidelines from financial regulatory bodies. These frameworks help organizations operate more efficiently and responsibly, ultimately building trust with stakeholders.