Does your organization’s compliance program include regularly conducting internal compliance audits?
Internal compliance audits are formal, ongoing assessments of an organization’s adherence to applicable industry-specific laws and regulatory standards, internal operational controls, and policies and procedures. One fundamental element of an effective compliance program includes routinely monitoring and completing internal audits of identified compliance risk areas. The objective of these audits is to detect non-compliance risks and implement corrective actions to mitigate those risks, improve operational efficiency and processes, and provide assurance to management that an organization is operating in an ethical and lawful manner.
The Care Compass Internal Audit Plan and Process Toolkit offers guidance on identifying potential audit projects and planning, developing, and implementing comprehensive internal compliance audits. Click here to learn more about or to request access to view the Care Compass Internal Audit Plan and Process Toolkit.