When testing accounts that are based on management estimates, the auditor should understand the process management uses

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When testing accounts that are based on management estimates, the auditor should understand the process management uses to develop those estimates. As part of obtaining that understanding, what aspects of the process should the auditor understand?

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Auditing a risk based approach to conducting a quality audit

ISBN: 978-1133939153

9th edition

Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg

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Question Posted: Sep 22, 2014 08:21 AM

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When testing accounts that are based on management estimates, the auditor should understand the process management uses

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Auditing a risk based approach to conducting a quality audit

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