Question: Question 5 The term expectation gap was first applied to auditing by Liggio (1974) and since then there is persistent and widespread concern with the

Question 5

The term expectation gap was first applied to auditing by Liggio (1974) and since then there is persistent and widespread concern with the existence of the expectation gap between the auditing profession and the public.

Discuss the auditors responsibility for fraud detection and its impact on the audit expectations gap.

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