274 paragraphs found
See ASA 260 Communication with Those Charged with Governance , paragraph 16(a) . …
Examples of accounting estimates related to classes of transactions, account balances and disclosures include: Inventory obsolescence. Depreciation of property and equipment. Valuation of infrastructure assets. Valuation of financial instruments. Outcome …
A method is a measurement technique used by management to make an accounting estimate in accordance with the required measurement basis. For example, one recognised method used to make accounting estimates relating to share‑based payment transactions is …
Assumptions involve judgements based on available information about matters such as the choice of an interest rate, a discount rate, or judgements about future conditions or events. An assumption may be selected by management from a range of appropriate …
For purposes of this Auditing Standard, data is information that can be obtained through direct observation or from a party external to the entity. Information obtained by applying analytical or interpretive techniques to data is referred to as derived …