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  #1  
Old 3rd November 2003, 10:30 AM
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Question Audit - First, Second and Third Party - Definitions

Please enlighten me.And do we really need 3rd pary auditors?
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Old 3rd November 2003, 10:36 AM
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Simply Put,
First party audits are audits you perform on yourself (internal audits)
Second party audits are when a customer audits you.
Third party audits are when an independent organization audits you.

Or

First party == I audit Me for Me

Second Party == I audit You for Me

Third Party == I audit you for Them

James
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Old 3rd November 2003, 10:44 AM
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You might want to read through:

http://elsmar.com/Audit_Guide_Sample..._Guide_Web.htm

As to whether they're 'needed', that's a discussion which has been around for years for which there are only opinions.
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Old 4th November 2003, 09:00 AM
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Default I Audit You for You?

James,

What Party Audit is:

I Audit You for You?

Doug
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Old 4th November 2003, 10:52 AM
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Quote:
Originally Posted by Douglas E. Purdy

James,

What Party Audit is:

I Audit You for You?

Doug

First party.
The audit is done by the company to monitor itself and no external certification is given or expected.

James
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Old 4th November 2003, 01:35 PM
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James,

Nice job!!

Kevin
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Old 5th November 2003, 12:06 AM
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Quote:
Originally Posted by Douglas E. Purdy

James,

What Party Audit is:

I Audit You for You?

Doug
If you are not a member of the same organization then most likely you will be a 3rd party conducting a 1st party audit.

However if you are asked to conduct an audit to be used other than as an internal audit, like a registration audit, then you are 3rd party conducting a 3rd party audit.

"Who's on 1st?" "No, Who's on 2nd." Gets confusing fast doesn't it?
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Old 5th November 2003, 02:43 PM
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Guys,
Thanks a lot. mwahhzz!
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