Audit, Compliance, and Enforcement Office

The periodicity of auditing and inspections varies from industry to industry and should be based on the industry maturity, technology complexity, and high-hazard environment. Some people feel that audits must be unannounced to ensure full honesty and transparency. However, experience has borne out that it is very difficult to 

When setting up a government oversight audit program, first define audit goals and objectives. 

Make sure that all the offices have appropriate input you want to avoid auditing more than necessary. 

Use a target risk-based auditing process and use the last 12 months of industry data to determine issues. 

Make sure your staff are adequately trained in auditing, the audit scope, and audit etiquette. 

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