Analysis of the Perspectives on the Construction of the Audit Expectation Gap concerning Fraud
(2021) BUSN79 20211Department of Business Administration
- Abstract
- The purpose of this thesis is to analyse the audit regulatory space with regard to fraud and discuss the elements of the expectation gap as constructed by the IAASB and its stakeholders.
The research question is addressed by a qualitative approach, using Political Discourse Analysis, the concept of regulatory space and an analytical framework designed by the authors.
The analysis of the construction of the fraud-related expectation gap was based on the IAASB discussion paper with main focus on fraud and going concern and the comment letters to it. Firstly, the IAASB discussion paper was analysed to illustrate the construction of the issue of the expectation gap by the IAASB. Secondly, the respondents and their interrelations in the audit... (More) - The purpose of this thesis is to analyse the audit regulatory space with regard to fraud and discuss the elements of the expectation gap as constructed by the IAASB and its stakeholders.
The research question is addressed by a qualitative approach, using Political Discourse Analysis, the concept of regulatory space and an analytical framework designed by the authors.
The analysis of the construction of the fraud-related expectation gap was based on the IAASB discussion paper with main focus on fraud and going concern and the comment letters to it. Firstly, the IAASB discussion paper was analysed to illustrate the construction of the issue of the expectation gap by the IAASB. Secondly, the respondents and their interrelations in the audit regulatory space were analysed building a basis for the examination of the components of the expectation gap as presented by the IAASB’s stakeholders. All three parts provided inputs for the analytical framework, building the basis for the discussion, that deals with the components the actors within the regulatory space construct as part of the expectation gap.
The study of the construction of the expectation gap revealed that the IAASB tries to keep its scope narrow and within the boundaries of its standard-setting responsibility, while its stakeholders are trying to broaden the construction of the expectation gap to have their interests discussed in its scope. This reflects the self-interest of the actors in the regulatory space, as they attempt to influence the construction of the expectation gap with their perspectives based on their own needs. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9051006
- author
- Zaun, Verena Dorothea LU and Malikonyte, Gabija LU
- supervisor
- organization
- course
- BUSN79 20211
- year
- 2021
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Audit, Expectation Gap, Fraud, Regulatory Space, IAASB
- language
- English
- id
- 9051006
- date added to LUP
- 2021-09-08 14:35:55
- date last changed
- 2021-09-08 14:35:55
@misc{9051006, abstract = {{The purpose of this thesis is to analyse the audit regulatory space with regard to fraud and discuss the elements of the expectation gap as constructed by the IAASB and its stakeholders. The research question is addressed by a qualitative approach, using Political Discourse Analysis, the concept of regulatory space and an analytical framework designed by the authors. The analysis of the construction of the fraud-related expectation gap was based on the IAASB discussion paper with main focus on fraud and going concern and the comment letters to it. Firstly, the IAASB discussion paper was analysed to illustrate the construction of the issue of the expectation gap by the IAASB. Secondly, the respondents and their interrelations in the audit regulatory space were analysed building a basis for the examination of the components of the expectation gap as presented by the IAASB’s stakeholders. All three parts provided inputs for the analytical framework, building the basis for the discussion, that deals with the components the actors within the regulatory space construct as part of the expectation gap. The study of the construction of the expectation gap revealed that the IAASB tries to keep its scope narrow and within the boundaries of its standard-setting responsibility, while its stakeholders are trying to broaden the construction of the expectation gap to have their interests discussed in its scope. This reflects the self-interest of the actors in the regulatory space, as they attempt to influence the construction of the expectation gap with their perspectives based on their own needs.}}, author = {{Zaun, Verena Dorothea and Malikonyte, Gabija}}, language = {{eng}}, note = {{Student Paper}}, title = {{Analysis of the Perspectives on the Construction of the Audit Expectation Gap concerning Fraud}}, year = {{2021}}, }