The AICPA has issued another proposed SAS titled Auditing Accounting Estimates & Related Disclosures. The proposal was issued in August 2019. The project was driven by high rates of nonconformity found in auditing estimates as it is the most common audit issue detected by practice monitoring programs worldwide. The standard addresses risk assessment and response as well as audit procedure interweaving its requirements with other sections of the audit standards. Comments are due November 22, 2019.