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2. What are components of the audit expectation gap model?

(i) The “reasonableness gap” – the difference between the responsibilities, which
auditors are, expected to perform by the society and those are reasonable to expect
from auditors.

(ii) The “performance gap” – the difference between the responsibilities of
auditors, which are reasonably expected by the society, and the auditor performance
actually perceived. It is subdivided into:

a. The “deficient standards gap” – the gap between the auditors’
responsibilities, which are reasonably expected, and the auditors’
responsibilities required to perform by statute or case law, regulations or
professional promulgations. This is due to the lateness in responding to the
economic, environmental, and technological changes in the business
environment.

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‫جميع الحقوق محفوظة ـ الإعتداء على حق المؤلف بالنسخ أو الطباعة يعرض فاعله للمسائلة القانونية‬