FRC issues Revised International Standard for Review Engagements (ISRE (UK) 2410)
24 May, 2021
The Financial Reporting Council (FRC) has issued revised International Standard for Review Engagement (UK) 2410 (ISRE (UK) 2410) 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity'.
The revised standard provides additional clarity on auditor responsibilities, strengthens the review procedures required on management’s going concern assessment and strengthens reporting requirements in relation to going concern.
A press release, the revised standard and the feedback statement are available at FRC website.
