The Audit Expectations Gap in Britain: An Empirical Investigation

Humphrey, Christopher; Moizer, Peter; Turley, William S.

doi:10.1080/00014788.1993.9729907

Cited by 153 publications

(181 citation statements)

References 4 publications

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“…The audit expectation gap debate consistently centres on a number of perennial issues, which are: (1) the role and responsibilities of the auditors, (2) the nature and meaning of audit report messages, (3) the quality of the audit function, and (4) the structure and regulation of the profession (Humphrey, Mozier & Turley, 1993). The main problem or issue is the constant misunderstanding on the role and responsibility of the auditor as the public expects auditors to detect financial asset misstatement or even fraudulent activities from the financial statements.…”

Section: Expectation Gapmentioning

confidence: 99%

Forensic Accounting: Public Acceptance towards Occurrence of Fraud Detection

Koh¹,

Arokiasamy²,

Suat³

2009

IJBM

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In recent years, accounting fraud has occurred widely throughout the globalised business sector. This does not exclude Malaysia as it is emerging as one of the many countries with high expanding rates of business deals. Due to the fact that Malaysian companies are still new and inexperience in managing business and its accounts, this has created undetected loopholes for accounting fraud committers. This has also created bad perceptions by the public regarding the various fraudulent activities that emerge in the country. Therefore this article examines the public acceptance towards occurrence of fraud detection which plays a vital role in business growth. The uniqueness of this paper focuses on the literature review on the public acceptance on fraud detection. This article maps out the importance of fraud detection to strengthen and be competitive in the business.

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Section: Expectation Gapmentioning

confidence: 99%

Forensic Accounting: Public Acceptance towards Occurrence of Fraud Detection

Koh¹,

Arokiasamy²,

Suat³

2009

IJBM

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“…Humphrey et al (1993) In the same sense, other authors as Chandler et al (1993) and Cameron (1993), suggested that a general confusion over the audit work has existed. Consequently, we are witnessing a distancing between how the auditing process and how the performance of audit is developed and the Knowledge that users have of this work.…”

Section: Audit Usersmentioning

confidence: 97%

Audit expectation gap: fraud detection and other factors

Solé¹,

Grañó²

2014

Eur. Account. Manag. Rev.

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Financial information is an essential element in our society and in our economic system, as it plays a decisive role in the relationship between the various social agents. Therefore, this financial information must have a high level of quality, transparency and credibility.The expectation gap is the difference between the responsibility that auditors believe they have in developing their professional activity, and that which the users of the financial information attribute to them. Numerous analysed studies confirm that the audit expectation gap exists.Among the profusion of possible causes, the studies coincide in highlighting fraud detection, independence, erroneous expectations, nature of the audit process and the "going concern" analysis.Once the main factors have been presented, the article takes an in-depth look at one of these factors: the role of the auditor when fraud is detected.

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“…Over the last two decades, various empirical and experimental studies have confirmed the existence of the audit expectation gap between auditors and financial statement users (Best, Buckby, & Tan, 2001;Dixon & Woodhead, 2006;Fadzly & Ahmed, 2004;Humphrey, Moizer, & Turley, 1993b;Monroe & Woodliff, 1994;Porter, 1993), and between the public sector auditors and audit report users (Chowdhurry & Innes, 1998). …”

Section: Figure 1: the Audit Expectation Gap (The Expectation Gap Betmentioning

confidence: 98%

“…These studies suggest that auditors' performances are not in accordance with the wishes of those who requested them (Humphrey et al, 1992;Humphrey et al, 1993b). Simunic (1994) suggested that audit guidance on the consideration of environmental matters in the audit of a financial report is a response to the expectation gap between auditors and financial statement users.…”

Section: Figure 1: the Audit Expectation Gap (The Expectation Gap Betmentioning

confidence: 99%

The consideration of environmental matters in the audit of financial reports

Chiang¹

2010

Journal of Accounting &Amp; Organizational Change

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The Audit Expectations Gap in Britain: An Empirical Investigation

Cited by 153 publications

References 4 publications

Forensic Accounting: Public Acceptance towards Occurrence of Fraud Detection

Forensic Accounting: Public Acceptance towards Occurrence of Fraud Detection

Audit expectation gap: fraud detection and other factors

The consideration of environmental matters in the audit of financial reports

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