CTHRepealedLegislation
ASA 540 - Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures - October 2009
Evaluating the Reasonableness of the AccEvaluating the Reasonableness of the Accounting Estimates, and Determining Misstatements
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Evaluating the Reasonableness of the Accounting Estimates, and Determining Misstatements
- The auditor shall evaluate, based on the audit evidence, whether the accounting estimates in the financial report are either reasonable in the context of the applicable financial reporting framework, or are misstated. (Ref: Para. A116‑A119)