How To Create A Compliance Testing Plan

Welcome to the sixth instalment of the How To series, and today I'll be talking about "How To Create A Compliance Testing Plan."

Once you have completed the compliance risk assessment process and have identified and analysed your compliance risks, the next step is to create a Testing Plan. The goal of compliance testing is to assess how the business is adhering to the controls put in place to manage regulatory risk. An effective compliance testing program is a means to check the compliance health status of a business and to establish if the risk management system is working adequately and effectively.

If you have any additional insights or helpful thoughts on creating a testing plan I look forward to you sharing them in the comments.

If you would like to learn more about creating a testing plan sign up for the fully virtual Compliance Practices Workshop in which I got into a lot more detail about the process. Visit our website for more information and upcoming dates.

For more compliance related learning opportunities including online courses, compliance training and other compliance workshops please visit the KC Compliance website.

Follow KC Compliance on social media for regular updates and more information on what we have coming up.

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[cherylnaidoo]

Very informative 🙂👏🏽 thank you for this!

[germainkone]

Explaining is ok. Showing how it is done is even better. Thanks

[MINUTESWITHKUYARAM]

Do you have a sample of compliance testing plan framework?

[omosaje]

Hi, I love your videos. Have you ever thought of adding practicals to some of these videos instead of just saying it?

[yuosifkhalfan]

Hi dear, very helpful channel in the compliance and risk field, your illustrate so clear and interested, I have one query about how to implement the compliance risk matrix? Highly appreciate you support

[graceagbavitor]

What is dynamic testing and what are other testing options besides dynamic?

[sattihassan]

How are there plans implented in banks, and are there written in the compliance report?

[funkeolutoye]

Hey there, is a compliance framework the same as a compliance policy?

[tammywells]

Hello. I love your channel. Any thoughts on the topic of identifying the root cause when testing results identify a regulatory breach in controls/processes?