ISA 610 (Revised 2013), Using the Work of Internal Auditors

In addition to the changes included in ISA 610 (Revised), ISA 610 (Revised 2013) now also includes requirements and guidance addressing the external auditor’s responsibilities if using internal auditors to provide direct assistance under the direction, supervision and review of the external auditor for purposes of the audit, where such assistance is not prohibited by law or regulation. The material in ISA 610 (Revised 2013) pertaining to direct assistance is effective for audits of financial statements for periods ending on or after December 15, 2014. A Staff-prepared Basis for Conclusions describes the IAASB’s deliberations during the development of ISA 610 (Revised).