|1. Internal Auditors are organization's in-house team of auditors.
Notes (1): They are responsible primarily for evaluating the effectiveness of internal control systems and contributing to their ongoing effectiveness by providing advice and support to Executive Management.
Notes (2): In auditing ISO22301, internal audits are referred to as first party audits. Organizations use internal first party audits to audit themselves for internal purposes. This audit need not be conducted in-house as it can be carried out by an external organization. The use of first party audits to declare that the organization complies with the standard. This is called a self-declaration.
Notes (3): An internal audit of the BCMS requires a review of BCM arrangements together with the elements of the management systems.
Related Terms: Audit. First Party Audit, Second Party Audit, Third Party Audit
Similar Term: External Auditors
A Manager's Guide to Auditing and Reviewing Your Business Continuity Management Program
Courses: ISO 22301 BCMS Audit
Courses: BCM Certification