The At a Glance about SAS No. 143, Auditing Accounting Estimates and Related Disclosures, explains some of the fundamental aspects of SAS No. 143 that enhance the auditing standards relating to auditing accounting estimates and the auditor’s focus on factors driving estimation uncertainty and potential management bias including, for example:
The nature of accounting estimates and the concept of estimation uncertainty
Information about scalability of the SAS for all types of accounting estimates, from those that are relatively simple