Five college seniors with majors in accounting are discussing alternative career plans. i (Click the icon to view the additional information.) Requirements a. What are the major advantages and disadvantages of each of the four types of auditing careers? b. What do you think is the best early career choice for the senior interested in ultimately becoming a certified fraud examiner? c. What other types of auditing careers are available to those who are qualified? A (Click on the icon to view the list of advantages and disadvantages.) Employment Internal Revenue Agent Advantages 0. Disadvantages l. o a. Exposure to taxes and to the business enterprise may not be as in-depth as the other type of auditing careers. b. No experience with operational or financial statement auditing. c. Increasing opportunity for experience in operational auditing. d. Little exposure to diversity of enterprises and industries. e. Constant exposure to one industry presenting opportunity for expertise in that industry. f. Bureaucracy of federal government. g. Extensive training in individual, corporate, gift, trust and other taxes is available with concentration in area chosen. h. Likely to be less exposed to operational auditing than is likely for internal auditors. i. Experience is limited to one enterprise, usually within one or a limited number of industries. j. Opportunity for experience in auditing, tax consulting, and management consulting practices k. Extensive training in audit of financial statements, compliance auditing and operational auditing. I. Experience limited to taxes. m. Extensive exposure to all segments of the enterprise with which employed. n. Little exposure to taxation and the audit of taxes. 0. Hands-on experience with sophisticated selection techniques. p. Exposure to highly sophisticated statistical sampling and computer auditing techniques. Five college seniors with majors in accounting are discussing alternative career plans. i (Click the icon to view the additional information.) Requirements a. What are the major advantages and disadvantages of each of the four types of auditing careers? b. What do you think is the best early career choice for the senior interested in ultimately becoming a certified fraud examiner? c. What other types of auditing careers are available to those who are qualified? A (Click on the icon to view the list of advantages and disadvantages.) Employment Internal Revenue Agent Advantages 0. Disadvantages l. o a. Exposure to taxes and to the business enterprise may not be as in-depth as the other type of auditing careers. b. No experience with operational or financial statement auditing. c. Increasing opportunity for experience in operational auditing. d. Little exposure to diversity of enterprises and industries. e. Constant exposure to one industry presenting opportunity for expertise in that industry. f. Bureaucracy of federal government. g. Extensive training in individual, corporate, gift, trust and other taxes is available with concentration in area chosen. h. Likely to be less exposed to operational auditing than is likely for internal auditors. i. Experience is limited to one enterprise, usually within one or a limited number of industries. j. Opportunity for experience in auditing, tax consulting, and management consulting practices k. Extensive training in audit of financial statements, compliance auditing and operational auditing. I. Experience limited to taxes. m. Extensive exposure to all segments of the enterprise with which employed. n. Little exposure to taxation and the audit of taxes. 0. Hands-on experience with sophisticated selection techniques. p. Exposure to highly sophisticated statistical sampling and computer auditing techniques