What are the 3 types of audits?
There are three main types of audits: external audits, internal audits, and Internal Revenue Service (IRS) audits. External audits are commonly performed by Certified Public Accounting (CPA) firms and result in an auditor's opinion which is included in the audit report.
What is 2nd party audit?
A second-party audit is performed by a supplier, customer, or contractor, often against their proprietary requirements. A third-party audit is performed by an independent body (i.e., a registrar such as assessor's) against a recognized standard (i.e., ISO 9001).
What is 2nd third party audit?
1. Third Parties-The phrase "third parties" refers to anyone other than the auditor and his client, the two parties who have agreed between themselves as to the scope of the work to be done in a specific case.
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