ISA 710 — Comparative Information—Corresponding Figures and Comparative Financial Statements
ISA 710 is an international pronouncement addressing the auditor’s responsibilities concerning comparative information. It addresses comparative information presented as corresponding figures or comparative financial statements and the auditor’s related reporting responsibilities. The appropriate procedures and opinion wording depend on the form of comparatives and prior-period circumstances.
Worked example
The auditor considers whether prior-period corresponding figures are consistent with audited amounts.
Common mistake
Do not assume the same reporting wording applies to corresponding figures and comparative financial statements.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | AAA (INT) | Supporting | September 2026–June 2027 |