The expectations gap is caused by what the public thinks accountants should be doing and what accountants think they can do.

Question

Quizplus · Accepted Answer

The expectations gap is a real problem faced by the accounting profession where the public has certain expectations from accountants which might not be feasible. This gap arises because of the difference in expectations of what accountants should be doing and what they can do.

The Expectations Gap Is Caused by What the Public Thinks