Auditing Accounting Estimates - IAASB
Date recorded:
At its meeting on June 21-24, 2016, the IAASB focused its discussions on the risk assessment section (i.e., the need for greater granularity), the definitions, and scalability and had an initial discussion on work effort. The Board will discuss the project again at its teleconference meeting in July 2016. It is intended that the Task Force will present an initial draft of the proposed Exposure Draft to the September 2016 meeting of the Board.
Review the summary on the IAASB's Web site.