Auditing Accounting Estimates - IAASB
Date recorded:
At its meeting on March 14-18, 2016, the IAASB received a report on the ISA 540 Task Force’s analysis of issues identified to date and the proposed responses based on the discussions by the Task Force. The IAASB instructed the ISA 540 Task Force to liaise with several other working groups, including the Professional Skepticism Working Group, as their work moves forward. The Task Force expects to meet again twice prior to the June 2016 meeting of the IAASB.
Review the summary on the IAASB's Web site.