Substantial evidence of a gap that exists among the users of financial statements
expectations on the roles and responsibilities of auditors has for long challenged with the
issue of an audit expectation gap (AEG). The auditing profession has confidence in the gap
could be reduced through audit education. The main objective of this study is to review
previous studies on the issues of AEG in the Nigerian context and propose a framework that
shows the relationship between audit education and AEG. Thus, a future study could
empirically test the relationship between the variables. The review indicated that audit
education has a significant role in reducing the issues concerning AEG in Nigeria. In view of
this, it is expected that the regulatory bodies and professional accounting bodies in Nigeria
should educate the users of financial statements and the general public about the function
of an audit. It is also suggested that to reduce the AEG, financial literacy program should be
made through media, pamphlet and national newspaper enlightenment about the function
of an audit and auditor’s statutory responsibilities.
