Compliance management ensures accuracy in revenue reporting by enforcing adherence to established financial reporting standards such as GAAP, ASC 606, and IFRS. It involves implementing stringent procedures for recognizing, recording, and reporting revenue, ensuring that each transaction reflects the actual economic events and is consistent with legal requirements. Regular audits and reviews are conducted to verify the accuracy of reported revenue, preventing misstatements or discrepancies that could lead to financial and reputational harm.