What type of audit is initiated based on specific adverse events?

The type of audit that is initiated based on specific adverse events is a Post-Event Audit. This audit occurs after an event that had a negative outcome or significant impact, such as a compliance failure, security breach, or other adverse situations. The primary purpose of conducting a Post-Event Audit is to evaluate the circumstances surrounding the incident, identify weaknesses in processes or controls, assess the responses taken, and recommend actions to prevent future occurrences.

By focusing on the aftermath of an adverse event, this audit helps organizations learn from mistakes, refine practices, and better prepare for potential future issues. This distinguishes it from other types of audits, which may not be necessarily linked to specific negative occurrences but might have broader objectives or scopes, such as evaluating overall compliance or operational efficiency.