The Impact of Analytical Procedures on Reducing the Expectations Gap in the Audit Environment

An exploratory study of the opinions of a sample of academics and external auditors in the Kurdistan Region / Iraq

Abstract

This research aims to explain the importance of analytical procedures, as well as studying and analyzing what analytical audit procedures are and to indicate the extent to which methods (other than quantity, simple quantity, and advanced quantity) contribute to reducing the expectations gap, as well as identifying the opinions of academics and external auditors in the field of accounting and auditing about Factors affecting narrowing the audit gap. To achieve the goals of the research, the theoretical descriptive approach was relied on in collecting information about the research and the questionnaire was distributed to the research community, which consists of two groups: licensed external auditors and those who practice the profession of auditing in the Kurdistan Region of Iraq, and academics specialized in accounting and auditing working in the institutions of the Ministry of Higher Education and Scientific Research In the Kurdistan Region (governmental and private universities and institutes) who hold a master’s and doctorate degree, the researcher distributed (150) forms to the two categories (75) for each category randomly. (61) forms of the first category and (68) of the second category were retrieved and were valid for analysis. Based on the results of the statistical analysis using (spss), a number of conclusions were reached, the most important of which is that there is a significant relationship between the analytical procedures and the lowering of expectations, as the coefficient of correlation between them reached (0.694), and that there is a significant effect of the analytical procedures on reducing Expectations gap in the audit environment in the Kurdistan Region of Iraq.