Compliance Monitoring and Auditing

Compliance monitoring and auditing involve regularly checking that an organization follows laws, regulations, policies, and standards. Monitoring is an ongoing process that tracks activities in real-time or over periods to ensure rules are being followed. Auditing is a more thorough, independent review conducted periodically to verify accuracy and adherence. Both help identify areas of risk or non-compliance, ensuring the organization operates ethically and legally, and supports continuous improvement. In essence, they are tools to maintain transparency, accountability, and trust within an organization and with external stakeholders.