A staff auditor is discussing the use of concurrent audit techniques with a partner during the course of an audit engagement on a client with a relatively unsophisticated computer system. The partner responds as follows:

We have not used concurrent audit techniques in the past because they are simply not efficient. I believe that concurrent audit techniques accomplish only limited objectives. For the most part, auditors can satisfy themselves on most audits by using GAS on the balance sheet accounts.

Do you agree or disagree with the partner’s comment? How would you respond to the partner?