4e. ALL LAB – How to Conduct Compliance Testing (Basic)
Effective compliance testing is critical for ensuring regulatory compliance, identifying risks, and strengthening internal controls. This interactive lab will provide a step-by-step approach to designing, executing, and documenting compliance tests that align with regulatory expectations and the industry’s best practices. Participants will explore key methodologies, including risk-based testing, sampling techniques, root cause analysis, and remediation strategies. The session will include hands-on exercises and case studies to help attendees develop practical skills in structuring test plans, gathering and analyzing data, and reporting findings effectively. Whether building a compliance testing program from scratch or looking to enhance existing processes, this lab will equip participants with the tools and insights needed to conduct meaningful and efficient compliance tests. This session is closed to regulators and members of the press.
