Review of interim financial information

Interim financial statements, whether quarterly or half yearly, may be required to be reviewed by a chartered accountant and reported thereon for a variety of reasons ranging from an entity being a significant component of a listed group to terms imposed by various contractual obligations.

A review of interim financial statement is different from having an entity’s financial statements audited; reviews consists of making enquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures and are not designed to obtain reasonable assurance that financial information is free from material misstatement.

We are experienced and understand engagements which require the use of International Standard on Review Engagements (UK and Ireland) (ISRE (UK and Ireland)) 2410, ‘‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity’’.

Get in touch for more information on our review engagements.