APY = (1 + r/n)n â 1 where r is the quoted annual interest rate and n is the number of times the interest is compounded per year. Of course, it will be much easier to skip the manual calculation and simply use the APY Calculator on this page.
Regulatory compliance is an organization's adherence to laws, regulations, guidelines and specifications relevant to its business. Violations of regulatory compliance regulations often result in legal punishment, including federal fines. Download this free guide.
You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy. A compliance audit is a comprehensive review of an organization's adherence to regulatory guidelines.Independent accounting, security or IT consultants evaluate the strength and thoroughness of compliance preparations.hat, precisely, is examined in a compliance audit will vary depending upon whether an organization is a public or private company, what kind of data it handles and if it transmits or stores sensitive financial data.