The Association of Certified Fraud Examiners (ACFE) carried out a survey on how corporate fraud was detected in 2014. The findings of the survey are illustrated below as reported in the Economist newspaper on 5 December 2015. This table demonstrates that only 3% of frauds worldwide were detected by external audit. Required: Critique a suggestion that this research illustrates the view that external audit is serving neither clients nor the general public satisfactorily