Blog posts tagged in Third Parties

Sofema Aviation Services www.sassofia.com looks at the challenges of using Compliance Audit Techniques to determine the effectiveness of a “supplier”

What do we Mean by Third Party when we talk about auditing?

Means that the organisation is “Stand Alone” or “Stand Apart”. So effectively we are connected to the Organisation for business purposes, however, we cannot exert direct control.

This is an important consideration because in some cases the where the relationship is sub-contractual the “Contracting Organisation” is held accountable for the diligence and acceptable delivery including standards, management oversight and the effective control of competence.

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