Audit expectations gap in the Philippines: A perspective from Lasallian business students

• Main Authors: Lay, Isabel Rose L., Mañalac, Abigail V., Uy, Marie Kathleen K., Uy, Rio Mei L.
• Format: text
• Language: English
• Published: Animo Repository 2013
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/11935
• Institution: De La Salle University

Differences in perception regarding the roles and responsibilities of the audit function pose an alarming threat to the reputation and credibility of the profession. In line with this, the study explores the audit expectations gap present in the Philippines, as evidence by the De La Salle University, Ramon V. del Rosario College of Business students. Several theories were included, one of which is the Microcosm-Macrososm Theory, to support the study. Results of the study were generated from the survey questionnaires that were distributed to the said students. Contrary to expectations, the analysis showed that there is no audit expectations gap found because only 2 out of 16 statements in the survey questionnaire resulted in a significant gap.