GDP measures the monetary value of final goods and servicesâthat is, those that are bought by the final userâproduced in a country in a given period of time (say a quarter or a year). It counts all of the output generated within the borders of a country.
Process Audit :-Auditor will concentrate on process at each stage & itss relevant parameters process parameters like temperature, pressure, speed etc.Along with this he audits operator competency level , environment condition under which he operates the machine,5S,safety etc...
They must be objective, impartial, independent, and competent. ISO 19011 distinguishes between internal and external auditors.Internal auditors perform first party audits while external auditorsperform second and third party audits. Audit client An audit client is any person or organization that requests an audit. Internal audit clients can be either the auditee or auditprogram manager whereas external audit clients can include regulators or customers or any other parties that have a legal or contractual right or obligation to carry out an audit.