Adopting the following measures would reduce the expectations gap and lessen public misunderstanding of the auditor's role.
A)Publishing a statement of management responsibility
B)The auditor reporting annually to the audit committee
C)Expanding the audit report to clarify the auditor's role and the level of assurance
D)a and b
E)a and c

Question

Quizplus · Accepted Answer

Publishing a statement of management responsibility and expanding the audit report to clarify the auditor's role and the level of assurance both directly address the expectations gap by clarifying responsibilities and expectations. Reporting to the audit committee is more about internal governance and does not directly address public misunderstanding.

Adopting the Following Measures Would Reduce the Expectations Gap and Lessen