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.
GAAP is the standard implemented by accountants and auditors. The acronym stands for generally accepted accounting principles. It is a compilation of all the principles accountants utilize in preparing financial statements. By having a common standard, it is easier to regulate and understand a company's financial reports.