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Audit
Audit refers to the systematic examination and evaluation of an organization's AI systems, processes, and controls to verify compliance with policies, regulations, and established standards. In AI governance, audits assess model performance, data handling practices, algorithmic bias, and decision-making transparency to identify risks and ensure accountability. Regular audits are essential for demonstrating due diligence to regulators, stakeholders, and customers while detecting issues before they escalate into compliance violations or operational failures.
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