AUDITNG UNCERTAINTY OF THE ACCOUNTING ESTIMATES IN FAIR VALUE ACCORDANCE WITH THE PROCEDURES OF THE INTERNATIONAL STANDARDS ON AUDITNG NO.540 FILED STUDY ON THE AUDIT OFFICES OPERATING IN JORDAN

The aim of this study is to dissect how auditors comprehend the audit responses provided in ISA 540, the outright purpose is to inspect how the auditors perform the auditing uncertainty of accounting estimates in fair value. The researchers distribute a questionnaire to the auditing offices operating in Jordan (311 offices) to know how auditors comprehend the audit responses provided in ISA 540, questionnaires distributed to all these (150) auditors selected randomly, (117) questionnaires were returned. The study found the auditors in general compliance with procedures followed in international standard on auditing 540 when auditing cases of the uncertainty of accounting estimates with a high level except examination the management's assumptions about accounting estimates came with average level which may appear from management bias, then we found that the auditors compliance with procedures for measurement and disclosures in the financial statements.