… Assumptions relating to accounting estimates that are made or identified by a management’s expert become management’s assumptions when used by …

… Assumptions involve judgements based on available information … conditions or events. An assumption may be selected by management from a range of appropriate alternatives. … that may be made or identified by a management’s expert become management’s assumptions when used by …

… In obtaining audit evidence regarding the risks of material misstatement relating to accounting … relevant requirements in ASA 500. When using the work of a management’s expert, the requirements in paragraphs 21–29 of this …

… (Ref: Para. A146 ) Matters that the auditor may consider communicating with those … accounting estimates and related disclosures include: How management identifies transactions, other events and … specialised skills or knowledge or engaged appropriate experts. The auditor’s views about differences between the …

… Information to be used as audit evidence, regarding risks of material … been produced by the entity, prepared using the work of a management’s expert, or provided by an external information source. …

… The auditor may consider whether the following circumstances increase the likelihood that management needs to engage an expert: [32] The specialised nature of the matter requiring …

… If the work of a management’s expert involves the use of methods or sources of data relating to …

… When obtaining an understanding of the entity and its environment, including the … oversight and governance that the entity has in place over management’s financial reporting process relevant to … including with respect to the use of a management’s expert. (Ref: Para. A31 ) How the entity’s risk assessment …

… 2 , 4 , 12(c) , A8 , A66 ) Introduction In identifying, assessing and responding to the risks of material … in making the accounting estimate, and the selection of management’s point estimate and related disclosures for … in making an accounting estimate or engage a management’s expert, for example in relation to: Valuation concepts and …