You are auditing a state$-$owned entity. The CFO of the state$-$owned entity asked you about an

article in one of the popular business newspapers with the heading: Where were the auditors?

He stated that after he read the article, he does not see any use for an auditor.

YOU ARE REQUIRED TO:

a$.$ Explain the auditing expectation gap with reference to the implications thereof. $(3)$

b$.$ Identify ways to overcome the auditing expectation gap.