What is meant by the expression ‘expectation gap’?

Question

Xaibi Aslam · Accepted Answer

The gap between the public perception of the role of company auditors and their statutory role and responsibilities

Xaibi Aslam · Answer

The gap between how the directors of a company perform their duties and how the shareholders expect them to perform

Xaibi Aslam · Answer

The gap between how the directors of a company perform their duties and how the general public expects them to perform

Xaibi Aslam · Answer

The gap between the auditors’ own perception of their duties and how they are set out in the Companies Act

Question #73098