Security Officer. Security officers monitor and protect properties from illegal activities in privately-owned or public areas. Generally, security officers patrol areas, answer phone calls, monitor people, and respond to emergency situations in hospitals, power plants, and retail stores.
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.
The common set of accounting principles, standards and procedures that companies use to compile their financial statements. GAAP are a combination of authoritative standards (set by policy boards) and simply the commonly accepted ways of recording and reporting accounting information. Next Up.