Staff Audit Practice Alert - Challenges in Auditing Fair Value Accounting Estimates in the Current Market Environment

This IAASB Staff Audit Practice Alert assists auditors by highlighting areas within the ISAs that are particularly relevant in the audit of fair value accounting estimates1 in times of market uncertainty.

Challenges in Auditing Fair Value Accounting Estimates in the Current Market Environment (PDF | 186K)

Related Resources

• 2013 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements
• At a Glance: A Framework for Audit Quality
• At a Glance: ISRE 2400 (Revised): Engagements to Review Historical Financial Statements
• At a Glance: International Standard on Assurance Engagements (ISAE) 3410, Assurance Engagements on Greenhouse Gas Statements
• Staff Questions & Answers - Applying ISQC 1 Proportionately with the Nature and Size of a Firm