The Role of Analytical Procedures in Minimizing Audit Expectation Gap (AEG): A Survey of Academics and External Auditors in Palestine

Abstract

The current study aimed at investigating the role of analytical procedures in audit environment, as well as explaining analytical procedures and how different procedures can help reduce the Audit Expectation Gap (AEG). This is done using a survey of academics and external auditors. The survey included (120) forms which were distributed equally between the two groups, where (51) were retrieved from auditors and (58) retrieved from academics. Using SPSS, the study concluded that there is a strong relationship between analytical procedures and AEG with a correlation of (0.794) and there is a significant effect of analytical procedures on minimizing AEG within Palestine.