Auditing Standard ASA 540 Auditing Accounting Estimates and Related Disclosures (Cth)

Compiled Auditing Standard ASA 540 (December 2022)

Auditing Standard ASA 540 Auditing Accounting Estimates and Related Disclosures

This compilation was prepared on 31 March 2022 taking into account amendments made by ASA 2020‑1, ASA 2021-5 and ASA 2021-1.

Compilation Number: 2

Compilation Date: 14 December 2022

Prepared by the Auditing and Assurance Standards Board

Obtaining a Copy of this Auditing Standard

The most recently compiled versions of Auditing Standards, original Standards and amending Standards (see Compilation Details) are available on the AUASB website: www.auasb.gov.au

Contact Details Auditing and Assurance Standards Board Phone: (03) 8080 7400 Level 20, 500 Collins Street E-mail: enquiries@auasb.gov.au Melbourne Victoria 3000 AUSTRALIA Postal Address: PO Box 204 Collins Street West Melbourne Victoria 8007 AUSTRALIA

COPYRIGHT

© 2022 Commonwealth of Australia. The text, graphics and layout of this Auditing Standard are protected by Australian copyright law and the comparable law of other countries. Reproduction within Australia in unaltered form (retaining this notice) is permitted for personal and non‑commercial use subject to the inclusion of an acknowledgment of the source as being the Australian Auditing and Assurance Standards Board (AUASB).

Requests and enquiries concerning reproduction and rights for commercial purposes within Australia should be addressed to the Technical Director, Auditing and Assurance Standards Board, PO Box 204, Collins Street West, Melbourne, Victoria 8007 or sent to enquiries@auasb.gov.au. Otherwise, no part of this Auditing Standard may be reproduced, stored or transmitted in any form or by any means without the prior written permission of the AUASB except as permitted by law.