Implementing the revised auditing standard on a review of a financial report

Auditors reviewing financial statements need to know revised requirements of ASRE 2410 Review of a Financial Report Performed by the Independent Auditor of the Entity – all 65 pages of it. Audit partners must understand the new rules and their business impacts. The audit team needs to know what to do. As ASRE 2410 is already operating, we must understand what it means.

This session will cover:

• The standard’s major changes
• Stepping through each of them
• What you need to tell clients, and
• Review engagements and COVID-19.