AUDIT EXPECTATION GAP AND STAKEHOLDERS PERSPECTIVES IN LAGOS STATE NIGERIA

📄 Project Abstract

Ensuring an honest and fair view of a company's financial statement is one of the primary responsibilities of an external auditor. Different people use audited financial accounts for different reasons. Some of them are investors, creditors, employees, analysts, consultants, governments, the general public, and business owners. High wages and job security are priorities for workers. Investors are interested in getting a return on their investments and are interested in maximizing returns. Saleh (2016). The government wants companies to pay taxes, hire more employees, obey the law, and keep accurate financial records. Whether they will get their money back with interest is a concern for creditors. As employers of workers, the public has an interest in the company and wants it to offer quality goods on fair terms. A gap is the difference between what examiners present and what the public expects (Stephen, 2008). The view of Stephen and Kingsley (2018) on the expectations gap is similar to...