First Party Audit

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1. First Party Audit is for organizations to audit themselves for internal purposes.

Notes (1): When auditing ISO22301, internal audits are referred to as first party audits.
Notes (2): Organizations use internal first party audits to audit themselves for internal purposes.
Notes (3): This audit need not be conducted in-house as it can be carried out by an external organization.
Notes (4): The use of first party audits to declare that the organization complies with the standard. This is called a self-declaration.

Related Terms: Audit, Second Party Audit, Third Party Audit

Similar Term: External Auditors, Internal Auditors

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

(Source: Business Continuity Management Institute - BCM Institute)