Five university students majoring in accounting are discussing alternative career plans. Abdullah plans to become a CRA auditor because his primary interest is income taxes. He believes the background in tax auditing will provide him with better exposure to income taxes than will any other available career choice. Portia has decided to go to work for a large public accounting firm for at least five years, possibly as a permanent career. She believes the variety of experience in auditing and related fields offers a better alternative than any other available choice. Kimberleigh has decided on a career in internal auditing with a large industrial company because of the many different aspects of the organization with which internal auditors become involved. Sara plans to become an auditor for the office of the provincial auditor general because she believes that this career will provide excellent experience in computer risk assessment techniques. William would ultimately like to become a certified fraud examiner but is not sure where the best place is to begin his career so that he can achieve this longterm goal.
REQUIRED
a. What are the major advantages and disadvantages of each of the five types of auditing careers?
b. What do you think is the best early career choice for William, the student interested in ultimately becoming a certified fraud examiner?
c. What other types of auditing careers are available to those who are qualified?