Nuevas exigencias a la revisoría fiscal en el cálculo de estimaciones a partir de la aplicación de la NIA 540

Abstract

The approach of our work is oriented to answering the question of what the new demands of Statutory Auditing are in the calculation of estimates having the application of ISA 540 as a starting point. With the purpose of analyzing how the implementation of this ISA 540 of estimates would affect the reaches of Statutory Auditors, we begin with the history of Statutory Auditing in Colombia, next we explain the relevant aspects of ISA 540, and at the end we mention the most important changes of the implementation of this ISA 540 of estimates, with regard to the current duties of Statutory Auditors, focusing on two topics: Statutory Auditing versus Internal Auditing, and the application of ISA 540 versus the duties of Statutory Auditors.