Other Standards and Guidance

This page provides links to other Standards and Statements published by the Financial Reporting Council on particular matters of relevance to audit and other assurance engagements.

Standard for Providing Assurance on Client Assets to the Financial Conduct Authority

Client Asset Assurance Standard (Revised November 2019)

  • For a link to the closed 2019 CASS Consultation, along with it's Feedback statement & Impact assessment, click here 

Client Asset Assurance Standard (November 2015) (PDF)

Standards for Investment Reporting

Standards for Investment Reporting (SIRs) contain basic principles and essential procedures with which reporting accountants are required to comply in the conduct of an engagement in connection with an investment circular (eg a prospectus listing particulars circular to shareholders or similar documents) prepared for issue in connection with a securities transaction governed wholly or in part by the laws and regulations of the united kingdom or republic of Ireland.

SIR 1000 - Investment Reporting Standards applicable to all engagements in connection with an Investment Circular (July 2005) (PDF)

SIR 2000 Revised - 'Investment Reporting Standards Applicable to Public Reporting Engagements on Historical Financial Information' (March 2011) (PDF)

SIR 3000 - Investment Reporting Standards Applicable to Public Reporting Engagements on Profit Forecasts (January 2006) (PDF)

SIR 4000 - Investment Reporting Standards Applicable to Public Reporting Engagements on Pro forma Financial Information  (January 2006) (PDF)

SIR 5000 - Investment Reporting Standards applicable to Public Reporting Engagements on financial information reconciliations under the Listing Rules (February 2008) (PDF)

Review Standards for Interim Financial Statements

The Financial Reporting Council issues Statements for Reporting Accountants that establish basic principles and essential procedures, with related guidance, for accountants on assurance engagements closely related to an audit of financial statements.

Currently there is one such standard - International Standard for Review Engagements (ISRE) (UK and Ireland) 2410 which applies to the auditor of an entity reviewing interim financial statements issued by the entity:

ISRE (UK and Ireland) 2410: Review of Interim Financial Information Performed by the Independent Auditor of the Entity (July 2007) (PDF)

Other Statements

Briefing Paper: Professional Scepticism (March 2012) (PDF)

Scope and Authority of Audit and Assurance pronouncements (June 2016) (PDF)