The Psychology of Expectations Gaps: Why Is There So Much Dispute about Auditor Responsibility?

Article Abstract:

A psychological concept of human judgement is advanced. The failure of certain auditing personnel to meet user needs is well known. Often the Securities and Exchange Commission (SEC) has had to take actions on this basis. Questionnaire-based research shows that Certified Public Accountants (CPA) have varying opinions as to what standards auditors can reasonably be expected to meet. Generally, it is found that expectations gaps are prevalent. A graph of internality scores is highlighted.

Human resource management, Accountants

---

Precision in auditing standards: effects on auditor and director liability and the supply and demand for audit services

Article Abstract:

The implications of precision in generally accepted auditing standards (GAAS) and in legal standards on the liability and interaction of directors and auditors are discussed. Directors select projected cost lowering levels of audit quality and then the auditors select a level of effort based on the directors' demand. The impacts of declining precision in GAAS are evaluated.

Market information - general, Management dynamics, Corporate directors, Supply and demand, Practice, Auditors, Report

---

Discussion of 'International Fininacial Reporting Standards (IFRS): pros and cons for investors'

Article Abstract:

The effects of economic convergence, viz., the adoption of uniform accounting and auditing standards in various countries,on industrial investment, are discussed.

Forecasts, trends, outlooks, Accounting Methods, Forecasts and trends, Accounting, Investments, Market trend/market analysis

Similar abstracts:

• Abstracts: The expectations gap and the Australian accounting profession. The education of accountants - a comment
• Abstracts: The cowboy who became a lady. The search to validate readership: magazine challenge. Frank, Tim and Jay make it a free-for-all
• Abstracts: The real meaning of excellence. Discover the resources in your marketing channel. Difficulties with Being Ethical
• Abstracts: Challenges and Oppurtunities in Accounting Education. Canadian Professional Accounting Education: A Time for Reflection and Study

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.