In: Operations Management
There will be discussions on the Application
For example: How will you discuss a scenario when you are asked as
a DBA by people in an accounting and auditing firm, to advise them
on tax implications of doing business.
Provide professional help in ensuring that the accounting and
financial activities of their clients comply with regulations in
every location in the country where they operate.
In principle, compliance means compliance, such as specifying a
principle, standard or law. Compliance describes the goals that
organizations strive to achieve in their efforts to ensure that
they are aware of and take steps to comply with relevant laws,
policies and regulations. Due to the growing number of regulations
and operational transparency requirements, organizations are
adopting the use of a set of compliance and consolidation controls.
This method is used to ensure that all necessary management
requirements can be met without duplication of efforts and resource
activities.
Regulations and accrediting organizations differ in different
areas, such as PCI-DSS and GLBA in the financial industry, FISMA
for the US federal agency, HACCP for the food industry, and the
Joint Commission and HIPAA in healthcare. In some cases, other
compliance frameworks or even standards provide information on how
to comply with regulations.
Some organizations maintain compliance data, all data belonging to
or relating to the enterprise, or included in the law, which can be
used for the purpose of enforcing or validating separate store
compliance to meet reporting requirements. . Compliance programs
are increasingly being used to help companies manage their
compliance data more effectively. The store may include
calculations, data transfers, and audit audits.