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Essay

Audit Expectations Gap

Essay specific features

 

Issue:

Business

 

Written by:

Jason P

 

Date added:

July 3, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1333

 

Was viewed:

9783 times

 

Rating of current essay:

 
Essay content:

In this essay I will discuss some of these issues and in particular the strategies to reduce the gap. Definitions Various definitions have been proposed for the audit expectation gap. Humphrey, Moizer and Turley (1992), suggest that the common element in the various definitions of the gap is that auditors are performing in a manner that is at variance with the beliefs and desires of others who are party to or interested in the audit...
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The former appears when people expect more of audit than it can give in practical terms, such as detecting all instances of fraud. The latter refers to the gap between what auditors can reasonably be expected to do and what they are perceived to do. ‘Performance gap’ can be further split into two – deficient standards gap and deficient performance gap...
displayed 300 characters

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