1.0Swissholdings ENhttps://swissholdings.ch/enComment Letter Audit accounting estimates - Swissholdings ENrich600338<blockquote class="wp-embedded-content" data-secret="VWvqVTKXGT"><a href="https://swissholdings.ch/en/comment-letter-audit-accounting-estimates/">Comment Letter Audit accounting estimates</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://swissholdings.ch/en/comment-letter-audit-accounting-estimates/embed/#?secret=VWvqVTKXGT" width="600" height="338" title="“Comment Letter Audit accounting estimates” — Swissholdings EN" data-secret="VWvqVTKXGT" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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We agree with the paper’s observation that accounting estimates and fair value measurements involve uncertainty and management judgment. We also agree that the use of fair value in measuring financial statement items has increased recently, and continues to increase as economic activity and the underlying transactions, assets and liabilities represented in financial statements become more …