Page 42 - Auditinf Electronic System

▪ It’s a non-zero gap as whenever auditors increase their supply of professional
services, the demand on new services will simultaneously increase

▪ Expectation gap has quantitative & qualitative dimensions because it
represents the on the mixture of the number of needed professional services
and the excessive demand on the level of needed audit quality.

▪ Expectation gap is harmful from the business environment point of view
because it will cause a reduction in the reliance on the needed financial &
non-financial information to make useful decisions.

▪ It is existed in developed and developing economies (like Egypt), but the
severity of this gap is differed from country to another one. In Egypt, the
professional expectation gap is broader than any developed country.

Fourth: the quantitative expression of expectation gap

The expectation gap is occurring because the demand for auditor services and
his professional responsibilities are significantly greater than what is actually
provided and his actual current responsibilities.

▪ This means that audit expectation gap represents the excessive demands of
stakeholders or the supply shortage on audit services and professional
responsibilities

▪ It’s a non-zero gap as whenever auditors increase their supply of
professional services, the demand on new services will simultaneously
increase.

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