The International Auditing and Assurance Standards Board (IAASB) has amended the following two International Standards on Review Engagements (ISREs) to clarify which standard should be applied to a specific engagement:

• ISRE 2400, Engagements to Review Financial Statements, applies to all reviews of historical financial information by a practitioner who is not the entity's auditor.
• ISRE 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, applies in the case of a review by the entity's auditor of interim financial information or other historical financial information.

These amendments, which are effective immediately, are designed to eliminate a small gap in the apparent scope of the ISREs and to ensure that there is no conflict between these standards and International Standard on Assurance Engagements 3000.

The amendments can be viewed in the "Auditing and Assurance" section of the IFAC online bookstore (www.ifac.org/store).