1 (i) Differentiate the THREE (3) types of audits which are Operational audit, Compliance audit and Financial Statement Audit, performed by the external auditors. Provide one example and one established criteria related to the example provided, for each type of audit. (15 marks) (ii) Describe the role of the Securities Commission in society and discuss its relationship with and influence on the practice of Auditing. (5 marks) (iii) Explain five duties of Audit Committees to enhance the corporate governance in an organization. (5 marks) (Total: 25 marks)