Effective Audit Report and its Impact on narrowing the Audit Expectation Gap

Considering the reliance placed on auditors report it is essential that it provides all the relevant information in such a manner that users can make informed decisions with confidence. The ‘audit expectation gap’ has always been a major factor impacting the effectiveness of audit and a major hurdle in ensuring the success of audit as a function. Can audit reports help in narrowing the audit expectation gap?

On successful completion of this webinar, participants should be able to:

• Explain the major factors leading to Audit Expectation Gap
• Explain the impact of Auditors Report on narrowing the Audit Expectation Gap
• Outline the critical factors to be considered while drafting an effective audit report

The Benefits

Benefit from practical insights and understand the critical factors to be considered while drafting an effective audit report and how effective audit reports can help in narrowing the audit expectation gap.