Re-Consultation on ISA (UK) 250 (Revised) and ISA (UK) 270 (Revised)
Published: 26 March 2026
Response deadline: 21 May 2026
| Title | Re-Consultation on ISA (UK) 250 (Revised) and ISA (UK) 270 (Revised) |
|---|---|
| Format | pdf, 562.2 KB. View HTML version |
On this page
Overview
The Financial Reporting Council (FRC) is re-consulting on its proposals to revise two auditing standards to ensure auditors take a proportionate approach to a key area of their engagements with entities. Today's proposals build directly on stakeholder feedback from the FRC's initial consultation in 2023/24 and are designed to deliver targeted, proportionate standards that support high-quality audit without placing unnecessary burdens on auditors or the entities they audit.
The revisions to ISA (UK) 250 seek to introduce a risk-based approach to audit work on laws and regulations, focusing on risks of material misstatement that are due to non-compliance with laws and regulations. This includes the removal of the outdated distinction between "direct" and "indirect" laws and regulations, a focus on laws that are "fundamental" to how an entity operates and clarification that specialist legal expertise will not normally be required.
ISA (UK) 270 is renamed, renumbered and made more principles-based to make clear that reporting obligations to appropriate authorities can arise across any area of the audit, not only in cases of non-compliance with laws and regulations. The revised standard also provides greater clarity on which authorities auditors should report to and confirms that this may mean reporting to more than one authority.
The FRC is requesting comments on this re-consultation by Thursday 21 May 2026.
| Name | Proposed ISA (UK) 250 – Revised |
|---|---|
| Publication date | 26 March 2026 |
| Type | Consultation paper |
| Format | PDF, 666.6 KB |
| Name | Proposed ISA (UK) 270 – Revised |
| Publication date | 26 March 2026 |
| Type | Consultation paper |
| Format | PDF, 734.3 KB |
| Name | Re-consultation on ISA (UK) 250 and ISA (UK) 270 Explainer |
| Publication date | 26 March 2026 |
| Type | Information sheet |
| Format | PDF, 905.9 KB. View HTML version |
October 2026 update
On 29 October 2026 the FRC published a feedback statement to accompany the September 2026 standards.
| Name | ISA 250 and 270 Feedback Statement |
|---|---|
| Publication date | 29 October 2026 |
| Type | Feedback paper |
| Format | PDF, 304.3 KB. View HTML version |
| Name | ISA (UK) 250 (Revised September 2026) |
| Publication date | 29 October 2026 |
| Type | Standard |
| Format | PDF, 741.2 KB. View HTML version |
| Name | ISA (UK) 270 (September 2026) |
| Publication date | 29 October 2026 |
| Type | Standard |
| Format | PDF, 673.4 KB. View HTML version |