The Effect Of Risk Based Internal Auditing On The Expectation Gap: The Case Of Ministry Of Foreign Affairs

Abstract The expectation gap according to Saladrigues and Grañó (2014), is the difference between the expectations of the auditors and those who use the audited financial statements. Furthermore Ijeoma (2014), noted that the expectation gap arises as result of the difference in expectations on the assurance that the auditors gives on the financial statements and those which the stakeholders expect from the work of the auditors. The expectation of the management of the Ministry of Foreign Affairs, the Ministry of Finance and Economic Development and the Parliament is that the internal auditors …