NEW YORK – the International Auditing and Assurance Standards Board (IAASB) released on October 6, 2008 an audit practice alert.
The alert will assist auditors in addressing the challenges of auditing fair value accounting estimates.
To download the alert, please visit the following website: www.ifac.org
IAASB is an independent standard-setting board under the auspices of the International Federation of Accountants (IFAC)
IFAC is the worldwide organization for the accountancy profession dedicated to serve the public interest by strengthening the profession and contributing to the development of strong international economies.
For more information, please visit the following website:
www.ifac.org