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Expectations Gap

This topic has 1 reply, 2 voices, and was last updated 7 years ago by fbawany.

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September 3, 2017 at 12:48 am #405080
marium salman
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- Topics: 38
- Replies: 58
HI,
can someone please tell me about bridging the expectations gap ? What the auditor actually does and what the public thinks it does.
What recommended ways are there to bridge those gaps?
Thanks.
September 3, 2017 at 9:11 am #405103
fbawany
Member
- Topics: 20
- Replies: 171
There are 2 types
A standards / performance gap – users believe auditing standards are more comprehensive to what they actually are.
A liability gap – users do not understand whom the auditor is legally responsible to.
I hope this helps
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