PCAOB releases new standard on “Auditing Accounting Estimates, Including Fair Value Measurement” (AS 2501)

On December 20, 2018, the PCAOB adopted a new standard on “Auditing Accounting Estimates, Including Fair Value Measurement” (“new” AS 2501). The standard replaces the “old” AS 2501, “Auditing Accounting Estimates”, and rescinds AS 250… Read More