If you have never faced a regulatory audit, you might be surprised to learn that regulatory audits proceed differently from financial or tax audits.

Of course regulatory auditors delve into financial statements. But they also analyze a company’s compliance with pertinent regulations.

Auditors put compliance practices under the microscope, searching for mistakes that even the most compliance-conscious companies make.

An adverse audit outcome can have severe financial consequences for your business, as a result, few businesses leave an audit unscathed. 

A successful audit recognizes your past compliance efforts, and ensures your business goals and operations are not at risk based on the audit decision.