You are an audit senior in an accounting firm and you asked the audit partner about the 'audit expectation gap' The audit partner provided his opinion in the issue as follows:

There is a co called ,audit expectation gap' and it is associated wity unreasonable expectations of users. They want all fraud found, and a guarantee that the company will continue forever! This is quite unreasonable and not what the audit is designed to do! perhaps we could do more on these issues, but it woukd be more work, cost more, and i doubt wether the companies would be prepared to pay anyway.

Required:

Discuss the views of the audit partner.