Question: a: Explain the audit expectation gap. What causes the gap? (3 marks) b: Potter and Partners are a chartered accounting firm with offices in capital

a: Explain the audit expectation gap. What causes the gap? (3 marks) b: Potter and Partners are a chartered accounting firm with offices in capital cities in most states. The head of the business development department is seeking to grow the firms revenue from non-audit services. (4marks) Required: What non-audit services could a chartered accounting firm provide to its listed company clients? Explain why a company would buy these services from its audit firm instead of another consulting firm.

SUBJECT- AUDIT, ASSURANCE and COMPLIANCE

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