Environmental Auditing and Audit Disclosure in a New Era

AUDIT DISCLOSURE • EPA and many states developed policies and even statutes – “find, fix, and disclose” in exchange for penalty leniency • Self-disclosure to minimize consequences is not a novel concept but, moreso than other fields, it was formalized in the enviro context • Different regulators, standards and processes, information needs, timelines, etc. but the concept is fairly universal ‒ If you’re at risk of enforcement from a regulator and you identify a gap through a voluntary audit, you’ll want to consider audit disclosure where available • Some programs are heavily utilized, others rarely so – for a variety of reasons

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