The International Auditing and Assurance Standards Board, a unit of the International Federation of Accountants, has released ISRE 2410, a standard to assist auditors in reviewing interim financial statements.
ISRE 2410 -- "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" -- outlines the principles of a review of interim financials, provides guidance on the inquiries and other review procedures to be performed by the auditor, and also prescribes the content of the review report.
The standard is effective for periods beginning on or after Dec. 15, 2006. ISRE 2410 may be downloaded at no charge from the IFAC Web site at
IFAC is the global organization for the accountancy profession and works with 163 member organizations in 119 countries to protect the public interest by encouraging high quality accounting practices.
