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For the purposes of this problem, assume the existence of five types of auditors: CPA, GAO, IRS, bank examiner, and internal auditor. Also assume that

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For the purposes of this problem, assume the existence of five types of auditors: CPA, GAO, IRS, bank examiner, and internal auditor. Also assume that the work of these various auditors can be grouped into five classifications: audits of financial statements, compliance audits, operational audits, accounting services, and consulting services. For each of the following topics, you are to state the type of auditor most probably involved. Also identify the topic with one of the above classes of work. 1. Review of the tax return of the corporate president to determine whether charitable contributions are adequately substantiated. 2. Financial statements of a large bank listed on the New York Stock Exchange to be distributed to stockholders. 3. Review of daily attendance during spring term at Blue Ridge Consolidated School District to ascertain whether payments received from the state were substantiated by pupil-day data and whether disbursements by the district were within authorized limits. 4. Review of the activities of the receiving department of a large manufacturing company%media:comma.jpg% with special attention to efficiency of materials inspection and promptness of reports issued. 5. Compilation of quarterly financial statements for a small business that does not have any accounting personnel capable of preparing financial statements. 6. Review of transactions of a government agency to determine whether disbursements under the Payment-In-Kind program of the U.S. Department of Agriculture followed the intent of Congress. Topic Type of Auditor Class of Work 1 2 3 4. 5 6

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