From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
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1. Specification is an independent, third-party, verifiable, detailed and exact written set of requirement (such as ISO 22301 standard for BCMS) which provide publicly recognized means to an organization to demonstrate its commitment to maintaining and enhancing the quality of its Business Continuity Management System (BCMS).

BCMBoK Competency Level
BCMBoK 7: Program Management CL 2A: Intermediate (Audit)

(Source: Business Continuity Management Institute - BCM Institute)