...gone into liquidation.6 This criticism has led to the term expectation gap. This gap may be defined as 'auditors are performing in a manner at variance with...for whose benefit the audit is being carried out' .7 16.10 Contentious areas The whole area of going concern raises a number of contentious issues, including...

...whether it is as a role-perception gap (that is, an ignorance gap), or should be viewed more broadly 'as a representation of the feeling that auditors are...for whose benefit the audit is being carried out' (Humphrey, 1997: 9, emphasis in original). Possible components of the overall audit expectations gap...

...whether it is as a role-perception gap (that is, an ignorance gap), or should be viewed more broadly 'as a representation of the feeling that auditors are...variance with the beliefs and desires of those for whase benefit the audit is being carried out' (Humphrey, 1997: 9, emphasis in original). Possible components...

...responsible for forming a professional opinion on the financial statements)" (Power, 1994a, 24) and "a representation of the feeling that auditors are...for whose benefit the audit is being carried out" (Humphrey, 1991, 7). Further reading: Sikka et al. (1998); Wolf et al. (1999) expected value (EV) The...