The audit expectation gap and strengthened independence standards in the European Union: measuring the effects of the new EU Directive
研究了欧盟新指令如何通过强化独立性标准来应对审计期望差距，基于192名审计师的调查发现，新指令中的保障措施和禁令对保护审计独立性有积极作用。
The European Union has addressed the moral hazard that auditors may present by doubly reinforcing auditor independence. This has been done through the formulation of a general principle of independence in conjunction with a preventive and sanctioning framework of safeguards and prohibitions. This article evaluates whether the audit expectation gap has provoked a shift towards increasing the protection of auditor independence. The Directive provides a new framework to harmonise and protect auditor independence in the EU. The article covers a gap in relation to the effects of new auditing regulations within the EU affecting the ethical problem of auditor independence and its connection to the audit expectation gap. A qualitative study addressed to a sample of 192 auditors has been developed. Following the structural equation modelling methodology (PLS-SEM), our results display evidence of a relationship between the audit expectation gap and auditor independence. Furthermore, the results show a mediating effect of new auditor safeguards and quality controls and a sanctioning system to protect independence when an audit expectation gap exists. The results also show that the more restrictive auditor prohibitions considered in the latest European reform have a positive effect on the protection of auditor independence.