Factsheet - Compliance Program

Factsheet

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Author

IIA-Australia

Date

2025

Topics Explored

Compliance

Format

Factsheet

Extract/Description

A compliance program is a formal structured approach to assuring obligations are met.

Key Points

1. Every organisation should be seeking:
› Legal compliance – with laws, regulations, statutory obligations and contracts. This is a mandatory obligation that is imposed.
› Policy compliance – with organisation policies. This is a voluntary obligation that is self-imposed.

2. Steps to establishing an compliance program are outlined.

Relevant Industries

All

Level of Assumed Knowledge

Intermediate

Aligned to Global Internal Audit Standards

Not Applicable