As coding manager, you are seeking approval for an external coding audit to be performed. However, you realize that there is no formal policy in place for this process.

Provide the following in your initial post below:

1. Formulate a series of considerations that should be covered in such a policy.
2. Provide at least 5 considerations to share with your HIM Manager.
3. Explain why it is important to have a policy in place for an external auditing process.