A reconfiguration of the audit expectations gap’ the author
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A reconfiguration of the audit expectations gap’ the author

6.  In an article entitled ‘What do you expect: A reconfiguration of the audit expectations gap’ the author, Ian Dennis (2010), claims that ‘although there are a number of ways of characterizing the gap, many of these explain the gap as involving differences in beliefs about what auditing involves and/or in desires that auditors perform certain functions in certain ways’.

Required

Discuss what is meant by the expectations gap. Your response should include an explanation of what is meant by the different beliefs and desires mentioned in the quote above.

Hint
Accounts and Finance In auditing, the expectation gap is the difference between what the public and income statement users believe auditors are accountable for and what auditors themselves believe their tasks are. It is discovered that the presence of an audit expectation gap is due to the complex nature of an audit function....

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