THE ROLE OF AUDITING QUALITY IN NARROWING THE EXPECTATIONS GAP IN AUDITING PROFESSION.

Abstract

The primary aim of this study is to find out the role of auditing quality in bridging the expectations gap in auditing, Which is considered one of the main factors that has a great effect on the profession of auditing, The study builds on the frameworks developed by Porter (1993), Porter & Gowthorpe (2004) and Porter et al. (2012). To investigate the influence / importance of the audit expectation gap to the auditing profession, the study also aims to Study and analyze the concept of audit quality and that of expectation Gap and to highlight the role of ways to improve the Audit in order to reduce this discrepancy, has been highlighted on literature and has been used both of the historical approach, inductive approach and descriptive approach to determine the role of auditing quality in bridging the expectations gap in auditing. This study concludes to compliance the auditor with auditing standards effective, auditor independence, importance of the role of professional institutions leads to ensure the reduction of the expectations Audit gap. And, the study recommends to necessary of focus on factors that lead to the emergence of the expectation gap and to raise awareness of the concept of the audit process and to issue audit standards that regulate the profession. Copy Right, IJAR, 2016,. All rights reserved.