Expectations gap between users of financial reports and auditors and the possibility of addressing them in Iraq

Ali Abbas Kareem; Abbas Saad Hamada Alkhuzaie; Donya Jasim Sahib

Ali Abbas Kareem University of Qadisiyah, College of administration and economy, Accounting department
Abbas Saad Hamada Alkhuzaie University of Qadisiyah, College of administration and economy, Accounting department
Donya Jasim Sahib University of Qadisiyah, College of science

Abstract

This study concludes that there is a gap between what the beneficiaries expect to perform by the auditors and the stated audit objectives, the capabilities of the auditors, their duties and responsibilities and the limits of their work is a reality that cannot be overlooked but should be confronted and attempted to find solutions as one of the most important problems facing the audit profession. Audit, whether international or local, is one of the most important mechanisms and means to solve this problem through its role in determining the responsibilities, duties and tasks of auditors and its statement to the beneficiaries of the results of the audit process in order to reduce the difference.