The audit expectation gap in Thailand

Show simple item record Lee, T.H. Md Ali, A. Gloeck, Juergen D. (Juergen Dieter), 1956- Yap, C.S. Ng, Y.L. Boonyanet, W. 2010-05-24T08:02:25Z 2010-05-24T08:02:25Z 2010
dc.description.abstract The audit expectation gap is denoted as the difference between what the public expects from an audit function and what the audit profession accepts the objective of auditing to be. The existence of an audit expectation gap is likely to be detrimental to the value of auditing and the well-being of the auditing profession as the contribution of auditing may not be fully recognized by society. This paper reports the findings of a questionnaire survey conducted to examine the audit expectation gap in Thailand. The study also analyzes the nature of the audit expectation gap in Thailand using Porter's (1993) framework. The study finds that an audit expectation gap exists with respect to 18 of the 42 duties of auditors examined. The analysis of the expectation gap shows that selected respondents consider 12 non-statutory duties of auditors to be 'unreasonable' expectations, while 12 duties are considered as 'reasonable' expectations of auditors. These 12 duties are classified as 'deficient standards'. The study also finds that two statutory duties are considered by the selected respondents to be 'deficient performance' by Thai auditors. en
dc.identifier.citation Lee, TH, Md Ali, A, Gloeck, JD, Yap, CS, Ng, YL & Boonyanet, W 2010, 'The audit expectation gap in Thailand', Southern African Journal of Accountability and Auditing Research, vol. 10, pp. 1-17. [] en
dc.identifier.issn 1028-9003
dc.language.iso en en_US
dc.publisher Southern African Institute of Government Auditors en_US
dc.rights Southern African Institute of Government Auditors en_US
dc.subject Audit expectation gap en
dc.subject Deficient audit performance en
dc.subject Deficient auditing standards en
dc.subject Unreasonable expectations of audit en
dc.subject.lcsh Auditing -- Thailand en
dc.title The audit expectation gap in Thailand en
dc.type Article en

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