Middle East Auditing

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Verified
Monitoring regulations and their impact are the initial stages that set the groundwork and allow businesses to have a smoother flow, instead of approaching the changes with fear or knee-jerk reactions. Organizations that have consistently affected processes based on regulations – such as construction, utilities, banking etc. – usually have in-house teams to monitor impending and current changes. Other businesses which might not be as frequently affected – such as technology, retailing etc. – would also tend to have their legal or accounting departments have tabs on the regulatory frameworks/changes.