Page 43 - Demo

جميع الحقوق محفوظة ـ اإلعتداء عىل حق املؤلف 43 بالنسخ أو الطباعة يعرض فاعله للمسائلة القانونيةFourth: the quantitative expression of expectation gap 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.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.