This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Auditing Accounting Estimates - AASB

Date recorded:

At its meeting on February 9, 2017, the AASB discussed issues related to an upcoming Canadian exposure draft of CAS 540, including: (i) the anticipated length of the comment period; (ii) how the exposure draft could be distributed; (iii) whether there are issues specific to Canada that should be addressed; and (iv) what, if any, specific questions should be asked of Canadian stakeholders. The  IAASB is expected to approve its exposure draft in March 2017. The AASB will approve its exposure draft in April 2017.

Review the executive summary on the AASB's Web site.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.