What is Auditable? Definition, Examples and Importance
Auditable refers to the ability of an organization to provide evidence that it has met certain standards, requirements or regulations. In other words, auditable means that the organization's processes, systems and records are capable of being examined and verified by an independent third party, such as an auditor.
The term "auditable" is often used in the context of compliance with laws, regulations, industry standards or internal policies. For example, a company may be required to demonstrate that it has implemented certain security controls to protect sensitive data, or that it has met certain quality standards for its products or services. In order to provide assurance that these requirements have been met, the company may undergo an audit, which involves examining its processes, systems and records to ensure that they are adequate and effective.
Auditable refers to the ability of an organization to provide evidence that it has met certain standards, requirements or regulations. In other words, auditable means that the organization's processes, systems and records are capable of being examined and verified by an independent third party, such as an auditor.