ABSTRACT
The word “regulation” is used mostly to explain the congregation of laws, rules, standards, or procedures which are accepted by a particular authority in the State and/or on the international level. There is a need for a balanced approach to establish regulation, particularly in Risky Industries. There are few processes in industry which are connected with official recognition of the companies or individuals. These processes can be classified by their purpose, so there can be Accreditations, Certifications, Licensing, Attestations, and Approvals. From the point of connection between audits and regulation, the auditor must understand that there are many ways to satisfy regulation. The reason for such a general regulation about Post-holders is that people cannot measure a particular attitude to safety or expertise in the area based only on documentation. The “over-regulation” is actually the response to a lack of self-confidence with these Regulators.
