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Slide 190 of 200
An audit of internal systems and/or procedures. An internal audit is most often performed by people how directly work for the company. Many companies hire outside firms (see third party below) to perform the audits.
Customer audits are those where a customer (or a customer representative) performs the audit. A customer audit is not objective because the customer is intimately involved with your company (the supplier to the customer). This involvement can BIAS the audit.
Third party audits are like those you think of when you think of bank audits. Banks (and other financial institutions) must hire a company or person to audit their books and procedures. The company or person hired to do the audit cannot have an interest in the business it is auditing. This is known as an Independent Audit . This is the type of audit the registration audit is!