First party audits are commonly referred to as “Internal Audits”. The internal audit is typically conducted on a process or set of processes to ensure they meet the organizations internal requirements or standards. Internal audits are also useful in evaluating the effectiveness of an organization’s Management System and to measure adherence to that system. They are most often performed by auditors employed within the organization. First party auditing is a component of the Cost of Quality.
Implementation of an effective first party or internal auditing process allows you to compare what is actually occurring in your day-to-day operations against your documented policies, procedures, work instructions or quality systems. First party audits help determine if you are actually doing what you said you were going to do to manage quality and ensure conformance to safety or regulatory requirements. In addition, first party quality audits play a powerful role in:
When an internal auditing process is well planned, implemented and maintained, the internal audits add considerable value to the quality management process and help lower the cost of quality.
Second Party Audits are also referred to as external or supplier audits. The 2nd party audit is usually more formal than an internal or 1st party audit. In some instances, the results of the audit could influence future purchasing decisions. The audits may also be in response to one or more quality issues with the supplier’s parts or assemblies. There often is a contract involved between the customer and supplier specifying the terms of delivery, pricing, packaging, quality requirements and various additional terms. For this reason, second party audits are generally subject to rules and regulations concerning contract law.
Performance of 2nd Party audits can result from various circumstances. An external audit may be performed when an organization is:
Business presence in different countries and locations demands legal expertise in wide range of laws and regulations combined with attrition of resources responsible for compliance has made compliance increasingly difficult.
We offer Consultation and Audit Services on the labour legislative part of compliance which is an integral component of corporate governance.
Consultation on all labour legislations for:
The process involves:
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