Implementation support materials on ASA 540 Auditing Accounting Estimates and Related Disclosures (1)

Tuesday, December 15, 2020

Looking for ASA 540 resources and answers to some commonly asked questions about implementing ASA 540?  Look at our new dedicated portal on the AUASB website relating to Auditing Accounting Estimates.

The series of Frequently Asked Questions provides answers to potential implementation areas that our stakeholders are seeking clarification on.  They include questions related to areas such as:
• professional scepticism
• risk assessment
• using management’s experts
• disclosures
• documentation