JICPA releases "Practical Guidelines for a Review of Quarterly Financial Statements"
November 26, 2007
On October 30, 2007, JICPA issued Auditing and Assurance Practice Committee Statement No. 83 "Practical Guidelines for a Review of Quarterly Financial Statements". This statement provides practical guidance on the introduction of quarterly reviews for statutory quarterly financial statements, required pursuant to the provisions of the Financial Instruments and Exchange Law. This statement was completed in accordance with the pronouncement entitled "Council Opinion on the development of Quarterly Review Standards" released by the Business Accounting Council (BAC) and by incorporating the International Standard on Review Engagements (ISRE) 2410. The document is available in Japanese only.