An analysis of the audit expectation gap in the Maltese central government

Lauren Ellul and Alison Scicluna

Public Money & Management, 2022, vol. 42, issue 4, 262-273

Abstract: The authors looked at changes in the audit expectation gap (AEG) within the Maltese central government over six years (2012 to 2018). Some important discrepancies in expectations were found and this paper makes recommendations for change. The findings will be of value to public sector auditors, government departments and politicians and policy-makers in Malta, as well as in a number of other countries. For instance, the findings emphasise the importance of more education and awareness about the auditor’s role and responsibilities in order to remove any over-expectations which the users might have.ABSTRACTThis paper analyses the audit expectation gap (AEG) in the Maltese central government. Interviews were conducted with NAO Malta auditors and with users, while questionnaires were distributed to additional NAO Malta auditors and to members of parliament. The authors found some important gaps between NAO Malta and the users of its reports in terms of auditor’s responsibility, materiality, fraud detection, audit reports and audit judgement. This paper contributes to the literature by identifying successful practices that have been implemented to reduce the AEG and proposing recommendations on how to further diminish the gap.

Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/09540962.2020.1769351 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:pubmmg:v:42:y:2022:i:4:p:262-273

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RPMM20

DOI: 10.1080/09540962.2020.1769351

Access Statistics for this article

Public Money & Management is currently edited by Michaela Lavender

More articles in Public Money & Management from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().