LATEST UPDATE

IAASB Seeks Feedback on Proposed Revisions to ISRE 2410 to Strengthen Interim Review Engagements

The International Auditing and Assurance Standards Board has released for public consultation an Exposure Draft that proposes revisions to International Standard on Review Engagements (ISRE) 2410, Review of Interim Financial Information by the Independent Auditor of the Entity’s Annual Financial Statements.

The proposed revisions represent the first comprehensive review of the standard since its issuance in 2005. These proposed revisions reflect changes in the global environment, and improvements to the audit and assurance model made over the last two decades.

Key proposals include a clearer articulation of what an interim review engagement is and how it differs from a financial statement audit. They also include enhanced requirements in areas of high public interest, such as going concern, fraud, and non-compliance with laws and regulations. Investors and other users will also benefit from improved transparency in the auditor’s interim review report.

The IAASB encourages stakeholder feedback using the Response Form on the IAASB website by 3 September 2026, available on:

https://www.iaasb.org/publications/proposed-international-standard-review-engagements-2410-revised