المراجعة ومدى تأثيرها في الحد من فجوة التوقعات )دراسة حالة ديوان المراجعة القومي(

Abstract

Abstract The research deals with audit and the extent to which it affects the reduction of expectation gap (the case of National Audit chamber). The research problem is represented in the determination and the measurement of the correlation between the level of the professional training of auditor and the size of expectation gap. This is besides the statistical significance of the correlation between the auditor independency and the expectation gap, as well as the extent of code of conduct impact on the expectation gap. The research aims to highlight the factors that led to the existence of expectation gap in audit process, as well as to find out solutions from among the financial society and auditors to narrow this gap through their commitment to the code of conduct and the enforcement of laws. The research also aims to know the extent of conformity of the role of audit in reducing the expectation gap so as to be a guideline for the future studies. To achieve research objectives the following hypotheses have been tested: - The more increase in training and qualification of auditors the less degree of expectation gap. - There is a correlation of statistical significance between the level of the auditor’s independency and the expectation gap size. - The more increase of auditor commitment to the code of conduct the less degree of expectation gap. To test these hypotheses the researcher has design a questionnaire statement distributed to the research sample - the National Audit Chamber- and proved the validity of the said hypotheses and reached the following findings: 1. Ongoing training and qualification lead to narrow the expectation gap. 8 2. There is a correlation of statistical significance between the level of the auditor’s independency and the expectation gap size. 3. There is a correlation that is statistically significant between the level of commitment to the code of ethics and the expectation gap. The researcher recommended the following: 1. To conduct ongoing training sessions to qualify the cadres and to keep pace with what is new in the world of audit profession and other related science affecting it. 2. Audit profession works to modify and adapt the expectation of the society via the means of active communication, it also works to increase the awareness and culture of public opinion in respect of audit function and its objectives. 3. Work out to clarify audit profession to the public and financial statements users through training sessions and the media.