August 30, 2017

PCAOB: Proposed Auditing Standard - Auditing Accounting Estimates, Including Fair Value Measurements

In this August 2017 comment letter, the CAQ provides input on the PCAOB’s standard-setting project related to auditing accounting estimates, including fair value measurements. Supporting the PCAOB’s efforts to strengthen auditing practices in this area, the CAQ provides a range of recommendations, drawing on both past CAQ comment letters and its 2015 publication, Auditing Accounting Estimates and Fair Value Measurements: A Framework.