Abstract Presents a reply to a comments made on the article "The Need for and Scope of the Audit of Management: A Survey of Attitudes," which was published in the April 1972 issue of the journal "The Accounting Review." Lack of understanding on the objective of the survey; Difficulty in implementing an audit of management; Involvement of a subjective judgment in any internal control evaluation.

Abstract This article presents information on audit management. The audit of management has received increasing attention in recent year. If the need for such an audit gains widespread support, the public accounting profession will face yet another challenge and a number of problems will require solution through the collective efforts of the public accounting profession, management and professional analysts. Justification for the audit could also be argued on the basis of the importance of management as a resource. American business attributes much of its success to its vast reservoir of professional managers, and is quick to identify the lack thereof as one of the barriers to success in other countries. If management is such an important resource and if it is in the interests of stockholders and the rest of society for that matter, that a particular business organization survive and grow, then it seems reasonable to conclude that these interested parties would be as interested in information concerning "management condition" as in financial condition and other indicators of ability to survive and grow.