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.
Compliance Audit. Definition - What does Compliance Audit mean? A compliance audit is a process of comprehensive reviews that focus on an organizationâs commitment to a set of regulatory guidelines or its adherence to a specific contract or terms of agreement. The entity doing the audit may differ according to the nature of the organization and the scope of the audit.