Question There has always been a discussion in relation to the transparency of the entity and its financial report and key areas of audit risk. Required: In light of the above statement and in your own words, discuss both the expectation gap and the information gap in relation to the audit of the financial statement. ANSWER: (answer box will enlarge as you enter your response)

Question 1 There has always been a discussion in relation to the transparency of the entity and its financial report and key areas of audit risk. Required: In light of the above statement and in your own words, discuss both the expectation gap and the information gap in relation to the audit of the financial statement. ANSWER: (answer box will enlarge as you enter your response)