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Internal Audit

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Internal Audit - definition(s)

Internal Audit - An evaluation of a program or project by the organization's own employees.

[Category=Data Governance ]

Source: The Data Governance Institute, 12 December 2009 10:15:18, External

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Internal Audit - An audit is an evidence gathering process. Audit evidence is used to evaluate how well audit criteria are being met. Audits must be objective, impartial, and independent, and the audit process must be both systematic and documented. Internal audits are referred to as first-party audits. Organizations use internal (first-party) audits to audit themselves for internal purposes. You can also use internal audits to declare that your organization complies with the ISO 9001 or ISO 9004 standard. This is called a self-declaration. Furthermore, you don't have to do them yourself. You can ask an external organization to carry out an internal audit on behalf of your organization.

[Category=Quality ]

Source: Praxium Research Group Ltd, 09 March 2011 08:09:28, External






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