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The importance of compliance
Many businesses comply with standards such as those specified by ISO or other quality systems standards to ensure the quality of products and services and gain customer confidence and acceptability. Public and private entities may require that their suppliers possess ISO or other quality systems accreditation.
Regulatory compliance
With proliferating regulations like the Sarbanes Oxley Act, the Freedom Of Information Act, and the Health Insurance Portability and Accountability Act (HIPAA), regulatory compliance has become a major preoccupation for US businesses.