Second party audits within state and corporate procurement: the key risks and how to manage them

Conducting second party audits within state and corporate procurement allows to form a fairly objective picture of participants of procurement procedures and their ability to produce and/or supply products (provide services/perform work) in accordance with the established requirements. This article identifies the main risks that arise during conducting second party audits, and considers ways to manage these risks on the example of the practice of data reliability audits conducted by the enterprises of the state corporation “Rosatom”.