Audit Assurance and Compliance Sample Clauses

The Audit Assurance and Compliance clause establishes the right of one party to review and verify the other party’s adherence to contractual obligations, policies, or regulatory requirements. Typically, this clause allows for periodic audits, either by internal teams or third-party auditors, and may require the provision of relevant records or access to facilities. Its core function is to ensure transparency and accountability, helping to identify and address non-compliance issues before they escalate into larger problems.
Audit Assurance and Compliance. The cloud environment in which data is stored, processed or transmitted must be compliant with relevant industry standards and regulatory restrictions.
View SourceView Similar (12)

Related to Audit Assurance and Compliance

  • Quality Assurance Requirements There are no special Quality Assurance requirements under this Agreement.

  • Quality Assurance The parties endorse the underlying principles of the Company’s Quality Management System, which seeks to ensure that its services are provided in a manner which best conforms to the requirements of the contract with its customer. This requires the Company to establish and maintain, implement, train and continuously improve its procedures and processes, and the employees to follow the procedures, document their compliance and participate in the improvement process. In particular, this will require employees to regularly and reliably fill out documentation and checklists to signify that work has been carried out in accordance with the customer’s specific requirements. Where necessary, training will be provided in these activities.