|Shareholders or members who are outside the organizations governance structure.
|The board and senior management who are within the organizations governance structure.
|Add credibility and reliability to financial reports from the organization to its stakeholders by giving opinion on the report
|Evaluate and improve the effectiveness of governance, risk management and control processes. This provides members of the boards and senior management with assurance that helps them fulfil their duties to the organization and its stakeholders.
|Responsibility for improvement
|None, however there is a duty to report problems.
|Improvement is fundamental to the purpose of internal auditing. But it is done by advising, coaching and facilitating in order to not undermine the responsibility of management.