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 meeting on September 19-23, 2016, the IAASB (a) was informed about the ISA 540 Task Force’s activities since the July 2016 teleconference call; and (b) provided its views to the Task Force on (i) an issues paper on revisions to ISA 540 and (ii) a draft of proposed amendments to ISA 540. In particular, definitions, risk assessment, work effort and documentation issues were discussed.

Review the 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.