STREAMLINING AUDITING TECHNIQUES.

It is incumbent upon us as professional men to carry out our work competently and efficiently. We should re-examine our techniques in the light of the objectives to be attained as expressed not only in published literature concerning audits of publicly owned companies but also in the terms of the contract for the individual engagement. All the work which is required should be done, but that which is anachronistic should be modernized or eliminated. [ABSTRACT FROM AUTHOR]