Section Disclosures Related to Accounting Estima - ASA 540 - Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures - October 2009 - Disclosures Related to Accounting Estimates | Zoe
ASA 540 - Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures - October 2009
Disclosures Related to Accounting EstimaDisclosures Related to Accounting Estimates
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The auditor shall obtain sufficient appropriate audit evidence about whether the disclosures in the financial report related to accounting estimates are in accordance with the requirements of the applicable financial reporting framework. (Ref: Para. A120‑A121)
For accounting estimates that give rise to significant risks, the auditor shall also evaluate the adequacy of the disclosure of their estimation uncertainty in the financial report in the context of the applicable financial reporting framework. (Ref: Para. A122‑A123)