Explore AASB’s exposure draft on auditing accounting estimates

Participate in this Auditing and Assurance Standards Board (AASB) webinar to learn more about the AASB’s proposals for revising the standard on auditing accounting estimates and related disclosures.

Event Details

Location and date:
Online (English) On-Demand Event
Online (French) On-Demand Event

The AASB has approved an exposure draft proposing changes to Canadian Auditing Standard (CAS) 540, Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures.

The revisions aim to establish more robust requirements and appropriate guidance to foster audit quality by:

  • enhancing the risk assessment by basing it on a more focused effort to identify the reasons for the risk of material misstatement
  • better linking the work effort to the risk assessment
  • updating the standard for more complex environments (i.e., increased use of information technology systems, complex models and the use of data from external sources)

The AASB adopts International Standards on Auditing (ISA) as CAS. Consequently, the exposure draft of CAS 540, Auditing Accounting Estimates and Related Disclosures mirrors the exposure draft of ISA 540, with the same title.

There will be polling questions during the webinar based on the material in the exposure draft.

Review the AASB’s ED before the webinar.

Additional options and pricing may be available. See pricing and registration for more details.


1 CPD hour(s)
Pricing & registration

You will learn about:

  • the proposed changes to the auditing standard on accounting estimates
  • how the proposal may affect your current practice
  • how you can provide input on the proposal

More Details:


Please contact:

CPA Canada Customer Service Support
Tel: 416-977-0748 or Toll Free 1-800-268-3793