When evaluating the reasonableness of the accounting estimates as provided by the management of the client, the auditor shall perform the following except:

(a) The auditor should evaluate, based on the audit evidence, whether the accounting estimates in the financial statements are either reasonable in the context of the applicable financial reporting framework or are misstated

(b) The auditor should obtain sufficient appropriate audit evidence about whether the disclosures in the financial statements related to accounting estimates are in accordance with the requirements of the applicable financial reporting framework

(c) The auditor should consider that the management has better understanding of the financial statement than anyone

(d) The auditor should evaluate the adequacy of the disclosure of estimation uncertainty in the financial statements in the context of the applicable financial reporting framework

(e) The auditor should review the judgments and decisions made by management in the making of accounting estimates to identify whether indicators of possible management bias exist