What does a compliance audit typically aim to do?

A compliance audit typically aims to assess compliance with internal policies and regulatory requirements. This process involves reviewing practices, procedures, and controls to determine if they align with established legal standards, industry regulations, and organizational policies. By conducting these audits, organizations can identify areas of non-compliance, evaluate the effectiveness of their compliance programs, and ensure that they meet both external regulatory expectations and internal governance mandates.

In addition to identifying non-compliance issues, the findings of a compliance audit can guide the formulation of strategies for improvement and risk management. This vital function helps organizations mitigate legal risks and enhances overall operational integrity.

The other choices relate to different aspects of business operations, such as marketing performance evaluation, cost estimation for compliance initiatives, and employee training program development, which don’t directly align with the primary purpose of a compliance audit.