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094344 1 (1979-08-24)

handle is hein.gao/gaobacuig0001 and id is 1 raw text is: 


                                             094344



                   REMARKS OF ELMER B. STAATS
            COMPTROLLER GENERAL OF THE UNITED STATES
                             AT THE
           AMERICAN ACCOUNTING ASSOCIATION CONFERENCE

                         AUGUST 24, 1979

            AUDITING AS WE ENTER THE 21ST CENTURY--
            WHAT NEW CHALLENGES WILL HAVE TO BE MET





     I am pleased to be here today at this gathering of the

American Accounting Association.  Yours is a truly prestigious

organization with singular accomplishments in accounting and

auditing research of which your 12,000 members can be proud.

Your distinguished President, Dr. Maurice Moonitz, is a re-

nowned scholar and author, and his contributions to the

accounting profession are well known.

     It seems to me entirely appropriate that we are meeting

here at the Crossroads of the Pacific for these discussions

because in my view, the auditing profession is at something of

a crossroad itself.  We have seen auditing come a long way

from its strictly financial orientation to a much broader range

of activities.  Now, we see that new changes may be in store,

and new challenges await us in the near future.  It is on these

changes and challenges that I would like to focus my remarks

today.





                              4&04-