Auditing Education And The Audit Expectation Gap Problem In Nigeria.

dc.contributor.authorIyere, Samuel Iheonkhan
dc.contributor.authorJ.o, Ame
dc.contributor.authorUgoh, Timothy Terver
dc.date.accessioned2023-12-10T17:40:54Z
dc.date.available2023-12-10T17:40:54Z
dc.date.issued2019-06-02
dc.description.abstractAuditing as a corporate governance mechanism has been commissioned to resolve the problem of information asymmetry between corporate managers and shareholders by providing independent audit reports as to the truth and fairness or otherwise of the state of affairs of corporate concerns. Over the years however, the credibility of such reports has been called to question as a result of well publicized and spectacular corporate scandals and Auditors subsequent involvement in these scandals. This has exacerbated the Audit Expectation Gap Problem. Solving this problem require effective action to eliminate or at least reduce the gap. This study examined the relationship between auditing education and the audit expectation gap problem in Nigeria. A descriptive survey research design was adopted and a sample of 296 stakeholders consisting of investors, bankers, auditors and stock brokers within Abuja metropolis were considered for the purpose of data collection using a four point likert scale questionnaire. The study aligned with the role conflict theory. Result using pearson correlation coefficient indicated that auditing education has a significant relationship with the audit expectation gap in Nigeria. It was concluded that educating the public is a veritable way of narrowing the AEG in Nigeria. The study recommended that the audit profession should evolve a simplified and broad based strategy for educating users of financial statements on the basic functions of external audit.en_US
dc.identifier.citationAdeniyi, A.A (2004). Auditing and Investigations. Lagos: Value Analysis ConsultBenau MAG, Humphrey C, Moizer P, Turley S (1993). Auditing Expectations and Performance in Spain and Britain: A Comparative Analysis. Int. J. Account., 28: 281- 307. Gupta, K (2005). Contemporary Auditing (6th ed.). New Delhi: Tata McGraw Hill. Godsell D (1992). Legal liability and the audit expectation gap.Singapore Account.,8: 25-28. Gramling, A., Schatzberg. J., & Wallace, W (1996).The Role of Undergraduate Auditing Coursework Reducing the Expectations Gap.Issues in Accounting Education, 1, 131- 162. Frank K.E, Lowe D.J, & Smith J.K (2001). The expectation gap: perceptual differences between auditors, jurors and students. Managerial Aud. J., 16: 145-149 Ihendinihu, J. U., Nmesirionye, J. A., &Nwaiwu, J. N. (2012).An empirical investigation into audit expectation gap in Nigeria.The chartered National Accountant, 20(3). Koh KH, & Woo ES (1998). The expectation gap in auditing.Manage. Aud. J., 13(3):147- 154. Lee, T. H, & Ali, A. &Glock, J. D. (2009). The audit expectation gap in Malaysia: an investigation into its causes and remedies, South African Journal of accountability and auditing research, 9, 57-88 Lee, T. H, &Azham, M. A. (2008). The evolving role of auditors: where do we go from here? Accountants today, 3, 18-22. Lee, T. H, Md. A., &Shamini, K. (2009). Towards reducing the audit expectation gap: possible mission? Legal Notices.The New York state society CPAs.en_US
dc.identifier.urihttps://keffi.nsuk.edu.ng/handle/20.500.14448/740
dc.language.isoenen_US
dc.publisherDepartment of Accounting, Faculty Of Administration, Nasarawa State University, Keffien_US
dc.subjectexpectation gap, auditing education, Nigeriaen_US
dc.titleAuditing Education And The Audit Expectation Gap Problem In Nigeria.en_US
dc.typeArticleen_US

Files

Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
( June 2019)AUDITING EDUCATION AND THE AUDIT EXPECTATION GAP PROBLEM.pdf
Size:
226.85 KB
Format:
Adobe Portable Document Format
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:

Collections