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 - IAASB

Date recorded:

At its teleconference call on July 26, 2016, the IAASB discussed the audit implications of external assistance in making an accounting estimate, including: (i) scope; (ii) the difference between a management’s expert and an external data source; (iii) work effort over data from external data sources; (iv) management’s use of external models; and (v) auditor’s use of an expert.

Review the meeting summary on the IAASB'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.