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The Role of Standards and Audit Firms in Reducing the Expectation Gap: A Qualitative Approach

Gyau, Evans Kelvin (2024) The Role of Standards and Audit Firms in Reducing the Expectation Gap: A Qualitative Approach. European Journal of Accounting, Auditing and Finance Research, 12 (1). pp. 17-34. ISSN 2053-4086(Print), 2053-4094(Online)

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Abstract

Audit expectation gap has generated quite a number of research papers. In this the author uses a qualitative approach to find out what audit firms and standard setters can do to reduce the audit expectation gap. The result of the study shows that improved stakeholder consultation, stakeholder education, setting clear and unambiguous standards, broadening scope of work are some of the things that standard setters and audit firms can do to reduce the audit expectation gap.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Depositing User: Professor Mark T. Owen
Date Deposited: 27 Dec 2023 20:33
Last Modified: 27 Dec 2023 20:33
URI: https://tudr.org/id/eprint/2495

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