Supervisors' conference;

              Supervisors'
Conference
by Mary J. McCann
Kansas City
SUPERVISORS' RESPONSIBILITIES—that was the theme of the third
Touche, Ross, Bailey & Smart Supervisors' Conference held at The
Homestead, Hot Springs, Virginia, June 20 to 30, 1960. Twenty-seven
supervisors and managers came from eighteen cities in the
United States; Toronto and Montreal in Canada; and Mexico City
for these eleven days of intensive education.
For several weeks before the Conference the participants had been
receiving advance information on the program, problems to solve,
cases to study for discussion, and lists of advance reading material.
The program of the Conference was designed to develop and to
emphasize the responsibilities of the supervisor as a professional
person, as a businessman and administrator, as a technically compe­tent
accountant, and as a representative of the firm who is well
acquainted with all aspects of its services. Consequently, the pro­gram
covered a wide range of subjects: management services and
sciences, business development, professional responsibility, com­munications,
firm administration, business combination, services to
financial institutions, income taxes, auditing philosophy and tech­niques,
retail accounting and auditing, and accounting theory.
No doubt the most valuable asset of the Conference was the dis­tinguished
group of discussion leaders and lecturers who conducted
the sessions. The ratio of discussion leaders and lecturers to partici­pants
was almost one to one. There were twenty-five men—Touche,
Ross, Bailey & Smart partners and personnel, educators, and guest
30 THE QUARTERLY