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In the normal course of performing their responsibilities, auditors often conduct audits or reviews of the items listed below. Requirements a. For the 12 examples,

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In the normal course of performing their responsibilities, auditors often conduct audits or reviews of the items listed below. Requirements a. For the 12 examples, state the most likely type of auditor (CPA, GAO, IRS, or internal) to perform each. b. In each example, state the type of audit (financial statement audit, operational audit, or compliance audit). Start with example 1. through 5. and (a) identify the most likely type of auditor (CPA, GAO, IRS, or internal) to perform each, and (b) identify the type of audit (financial statement audit, operational audit, or compliance audit). Most likely type of auditor Type of audit The computer operations of a large corporation to evaluate whether the internal controls are likely to prevent misstatements in accounting and 1. operating data. Financial statements for use by stockholders when there is an internal 2. audit staff. A bond indenture agreement to make sure a company is following all 3. requirements of the contract. Internal controls at a casino to ensure the casino is in compliance with 4. federal and state regulations. Computer operations of a corporation to evaluate whether the computer 5. center is being operated as efficiently as possible

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