Question

Five college seniors with main in accounting are discussing alter - native career plans. The first senior plans to develop an internal revenue agent for the reason that his primary interest is income taxes. He considers the background in tax auditing will offer him with better exposure to income taxes than will any other available career choice. The second senior has decided to go to labor for a CPA firm for at least 5 years possibly as a permanent career. She considers the variety of experience in auditing as well as related fields offers a better alternative than any other available choice. The third senior has obvious on a career in internal auditing with a large industrial company for the reason that of the many different aspects of the organization with which internal auditors become involved. The fourth senior plans to come to be an auditor for the GAO because she believes that this career will provide excellent experience in computer risk assessment techniques. The fifth senior plans to chase some aspect of auditing as a career but has not decided on the type of organization to enter. He is particularly interested in an opportunity to continue to grow professionally however meaningful and interesting employment is also a consideration

a) What are the major advantages besides disadvantages of each of the four types of auditing careers?

b) What other kinds of auditing careers are available to those who are qualified?