Expectation gap between auditors and users of financial statements
The past decade has been witness to a dramatic increase in the number of lawsuits against auditors. This increased number was evident in the United States as early as 1974. Due to certain structural differences in jurisdiction, Singapore has remained relatively non-litigious but the overseas situati...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2014
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/55475 |
| _version_ | 1826128962184544256 |
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| author | Chin, Wee Peng Tan, Yuh Sheng Yam, Kit Sung |
| author2 | Nanyang Business School |
| author_facet | Nanyang Business School Chin, Wee Peng Tan, Yuh Sheng Yam, Kit Sung |
| author_sort | Chin, Wee Peng |
| collection | NTU |
| description | The past decade has been witness to a dramatic increase in the number of lawsuits against auditors. This increased number was evident in the United States as early as 1974. Due to certain structural differences in jurisdiction, Singapore has remained relatively non-litigious but the overseas situation has been felt here in terms of an increase in premium for professional indemnity insurance. Some of the cases against auditors are due to genuine negligence on the part of the auditor, others are due to misconceptions by the public of the auditor’s role and responsibilities (expectation gap). |
| first_indexed | 2024-10-01T07:33:04Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/55475 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T07:33:04Z |
| publishDate | 2014 |
| record_format | dspace |
| spelling | ntu-10356/554752023-05-19T05:44:55Z Expectation gap between auditors and users of financial statements Chin, Wee Peng Tan, Yuh Sheng Yam, Kit Sung Nanyang Business School DRNTU::Business::Accounting The past decade has been witness to a dramatic increase in the number of lawsuits against auditors. This increased number was evident in the United States as early as 1974. Due to certain structural differences in jurisdiction, Singapore has remained relatively non-litigious but the overseas situation has been felt here in terms of an increase in premium for professional indemnity insurance. Some of the cases against auditors are due to genuine negligence on the part of the auditor, others are due to misconceptions by the public of the auditor’s role and responsibilities (expectation gap). ACCOUNTANCY 2014-03-11T03:16:52Z 2014-03-11T03:16:52Z 1994 1994 Final Year Project (FYP) http://hdl.handle.net/10356/55475 en Nanyang Technological University 97 p. application/pdf |
| spellingShingle | DRNTU::Business::Accounting Chin, Wee Peng Tan, Yuh Sheng Yam, Kit Sung Expectation gap between auditors and users of financial statements |
| title | Expectation gap between auditors and users of financial statements |
| title_full | Expectation gap between auditors and users of financial statements |
| title_fullStr | Expectation gap between auditors and users of financial statements |
| title_full_unstemmed | Expectation gap between auditors and users of financial statements |
| title_short | Expectation gap between auditors and users of financial statements |
| title_sort | expectation gap between auditors and users of financial statements |
| topic | DRNTU::Business::Accounting |
| url | http://hdl.handle.net/10356/55475 |
| work_keys_str_mv | AT chinweepeng expectationgapbetweenauditorsandusersoffinancialstatements AT tanyuhsheng expectationgapbetweenauditorsandusersoffinancialstatements AT yamkitsung expectationgapbetweenauditorsandusersoffinancialstatements |