Question: 2. Complete the table [Internal vs External Audit] (7 marks) External Audit Internal Audit ? Status Employees of the organization ? Objective Varies according to

2. Complete the table [Internal vs External Audit] (7 marks) External Audit Internal Audit ? Status Employees of the organization ? Objective Varies according to audit Historical Focus ? Shareholders, Board of directors and Audit Committees Reports go to ? ? Standards Internal audit standards ? Qualifications

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Do your goals relate precisely to each major element of the strategy?

Have you got every possible source of quality data lined up to mine for information?

Are your goals sufficiently ambitious to deliver the intent of the strategy?