ISA 540 (Revised), Auditing Accounting Estimates and Related Disclosures
IAASB
Oct 03, 2018 | Handbooks, Standards, and Pronouncements
128 Pages
ISBN 978-1-60815-377-0
English
All available Translations: Croatian Czech Danish Dutch French Italian Latvian Norwegian Polish Russian Slovenian Spanish-Latin America Spanish-Latin America Spanish-Spain Swedish + View All
In Progress Translations: Arabic | Estonian | Finnish | Greek | Hungarian | Lithuanian | Portuguese | Slovak | Thai
The IAASB revised its standard on accounting estimates, ISA 540 (Revised), Auditing Accounting Estimates and Related Disclosures, to respond to the rapidly evolving business environment. The revision ensures that the standard continues to keep pace with the changing market and fosters a more independent and challenging skeptical mindset in auditors.
ISA 540 (Revised) becomes effective for financial statement audits for periods beginning on or after December 15, 2019.
Copyright © 2023 The International Federation of Accountants (IFAC). All rights reserved.
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