Essays about: "ISA 540"

Found 2 essays containing the words ISA 540.

1. 1. Audit of Highly Uncertain Accounting Estimates - A Field-based Study of Auditors' Attitudes Towards Proposed Audit Responses in ISA 540

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Author : Christoffer Andersson; Rickard Zetterqvist; [2014]
   Keywords : External audit of financial statements; ISA 540; Accounting estimate; Fair value; Estimation uncertainty;

   Abstract : Current audit standards (IAASB 2008b, para. 13) provide auditors with four potential responses to the assessed risks of material misstatements in the audit of highly uncertain accounting estimates. Although research on the audit of such account balances is limited (Griffith et al. 2013, Nusbaum 2007, Martin et al. READ MORE

3. 2. Auditing Fair Value measurements and Disclosures: A case of the Big 4 Audit Firms

   University essay from Handelshögskolan vid Umeå universitet (USBE)

   Author : Kemal Ahmed; [2013]
   Keywords : Fair Value Measurement and Disclosures; Management Bias; Verification; Reliability; and Phases of Auditing.;

   Abstract : Abstract Problem: In today’s business environment, rising demand in financial reporting and frequent changes in accounting frameworks lead to an increased focus on reliability in Fair Value Measurement (FVM) and disclosures. The frequent changes in accounting frameworks create a challenge for managers in measuring accounting estimates accurately and have been an exceedingly difficult task. READ MORE