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Explain the different components of audit expectation gap

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Reference no: EM132820167

Audit expectation gap has a detrimental effect on the well-being of the auditing profession.

Problem 1: Explain the different components of the audit expectation gap with reference to Brenda Porter's framework and outline the reasons why the existence of the audit expectation is detrimental to the auditing profession. Suggest some practical solutions to narrow the audit expectation gap.

Reference no: EM132820167

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