Facebook said an independent audit on the company’s privacy practises found to be satisfactory, during a six-month assessment period following a settlement with federal regulators.

Further, the social networking firm has submitted findings to the US Federal Trade Commission (FTC).

Facebook policy chief privacy officer Erin Egan said that the firm is encouraged by the confirmation that the controls set out in the privacy programme are working as intended.

"This assessment has also helped us identify areas to work on as Facebook continues to evolve as a company, and improve upon the privacy protections we already have in place," Egan said.

"We will keep working to meet the changing and evolving needs of our users and to put user privacy and security at the centre of everything we do."

The audit was a mandated as part of Facebook’s settlement with the FTC during summer 2012 and the settlement resolved charges that social networking firm revealed details about its users’ personal information without seeking their permission.

Major of the FTC’s complaint against Facebook were focused on a series of modifications that were made to its privacy controls in late 2009, in addition, the complaint also charged that Facebook shared users’ personal information with third-party advertisers during September 2008 to May 2010.