CHALLENGES in AUDiTinG FAiR VALUE ACCOUnTinG ESTiMATES - IFAC

In t e r n a t I o n a l aud I t I ng a n d as s u r a n c e st a n d a r d s Bo a r d 2 • Enhancing transparency and valuation. • ing estimates: Changes in the role and uses of credit ratings. • Strengthening the authorities’ responsiveness to risks. • Robust arrangements for dealing with stress in the financial system. Among the recommendations of the FSF was that “The ................
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