Which of the following forms of review are permissible under ISRE 2410
A) Reviews without auditor independence.
B) Review on financial statements that omit substantially all disclosures.
C) Review without limited procedures.
D) Review with limited assurance.

Question

Quizplus · Accepted Answer

ISRE 2410 allows for reviews that provide limited assurance, which means the auditor performs procedures to obtain a limited level of assurance as opposed to an audit which provides a high level of assurance. Reviews without auditor independence, without limited procedures, or on financial statements that omit substantially all disclosures are not permissible under ISRE 2410.

Which of the Following Forms of Review Are Permissible Under