The International Auditing and Assurance Standards Board (IAASB) has launched a public consultation on proposed revisions to its standard on interim review engagements (ISRE 2410).
IAASB chair Tom Seidenstein stated: “Interim financial information, such as quarterly and semi-annual reporting, plays an important role for investors. These proposals seek to reinforce confidence in interim review engagements by clarifying expectations, strengthening consistency in practice, and improving communication to users.”
The proposals include a clearer definition of an interim review engagement, and enhanced requirements in areas of high public interest.
The public consultation is open until 3 September.
Companies:IAASB
People:Tom Seidenstein
