Nonconformity During Audit and its types with Examples

Video Description: In this video, we will discuss nonconformity during an audit and its types with examples. Nonconformity is an important concept in the audit process and refers to a situation where a company's processes or products do not meet the established standards. This can lead to negative consequences such as fines, reputational damage, or loss of business. Understanding nonconformity and its types is crucial for auditors to identify and address issues during an audit. In this video, we will cover the different types of nonconformity, including major and minor nonconformities, and provide examples to illustrate each type. We will also discuss the consequences of nonconformity and how it can be prevented.