Chap 1 Notes_Part_14

Chap 1 Notes_Part_14 - 3 has decided on a career in...

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Litigation Risk and the Business Cycle ‘‘It’s only when the tide goes out that you learn who’s been swimming naked.” Warren Buffet
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LS3: CAREER OPPORTUNITIES: Five college seniors with majors in accounting are discussing alternative career plans. 1 plans to become an internal revenue agent because has 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. 2 has decided to go to work for a CPA firm for at least 5 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.
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Unformatted text preview: 3 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. 4 plans to become an auditor for the GOA because she believes that this career will provide excellent experience in computer risk assessment techniques. 5 plans to pursue some aspect of auditing as a career but has not decided on the type of organization to enter. He is especially interested in an opportunity to continue to grow professionally, but meaningful and interesting employment is also a consideration. What are the pros and cons of these career choices? Other options?...
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Chap 1 Notes_Part_14 - 3 has decided on a career in...

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