A group of accounting students in the American University in Beirut (AUB) is discussing their future plans as pan of an activity at an Employment day sponsored by the school. Karim dreams of becoming an auditor for the audit bureau because he believes that this career will provide excellent experience in risk assessment and management techniques. Sherif mentions that he is interested in income taxes and believes a career working fora tax rev-enues and customs authority would best fulfill his interest. Edward is considering working for an audit firm for the next five years. He believes the variety of experience in auditing might provide a wide range of opportunities and allow for personal growth. However, he does not want to plan beyond five years, because he is not sure that he wants to make it a permanent career. Yasmine is planning for a career in internal auditing within an Arab international company such as Al- Waseet or Showtime Arabia because she is drawn by the many different aspects of the organization with which internal auditors become involved. jordan knows that he wants to pursue some aspect of auditing as a career, but tells the group that he has not yet decided on the lye of organization he wants to enter. He desires an opportunity for professional develop-ment, and he also believes his employment should be interesting and meaningful.

QUESTIONS:

1- What are the major advantage and disadvantage of each of the types of auditing careers mentioned by the students?

2- What other types of auditing careers might the students pursue?