Audits and Assessments

Audits and assessments are processes used to review and evaluate an organization’s systems, policies, or practices. An audit is a formal, thorough review often conducted by external or internal experts to verify compliance with standards, laws, or regulations, identifying strengths and weaknesses. An assessment is a broader evaluation that might include analyzing risks, performance, or readiness, often used for strategic planning or improvement. Both help organizations understand their current state, ensure accountability, and inform decisions for enhancing effectiveness and minimizing risks.