The audit expectation gap : a review
The audit profession views its responsibility as that of ensuring that the financial statements give an accurate picture of a company's financial performance over a specified period and of its financial position at a particular date. However, the public views the audit as a form of certificate...
| मुख्य लेखकों: | , , |
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| अन्य लेखक: | |
| स्वरूप: | Final Year Project (FYP) |
| भाषा: | English |
| प्रकाशित: |
2014
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| विषय: | |
| ऑनलाइन पहुंच: | http://hdl.handle.net/10356/59653 |
| सारांश: | The audit profession views its responsibility as that of ensuring that the financial statements give an accurate picture of a company's financial performance over a specified period and of its financial position at a particular date. However, the public views the audit as a form of certificate of corporate well-being, with a perception that auditors should detect fraud and other illegal acts. Such a difference in perspective has led to the "expectation gap" problem, placing enormous pressure on the audit profession to conform to public's expectation at the expense of audit objectives. |
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