They have a magnificent team. These people are always kind and willing to listen to your concerns or issues. Better yet, your assignment is always ready before the time, they usually send you a draft to double-check before they finalize your paper.
You are an audit senior in an accounting firm and you asked the audit partner about the ‘audit
expectation gapÃ¢â‚¬â„¢. The audit partner provided his opinion on the issue as follows: There is a so
called ‘audit expectation gap’, and it is associated with unreasonable expectations of users. They
want all fraud found, and a guarantee that the company will continue forever. This is quite
unreasonable and not what the audit is designed to do! Perhaps we could do more on these
issues, but it would be more work, cost more, and I doubt whether the companies would be
prepared to pay anyway.
Discuss the views of the audit partner.
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