Comparative Information – Corresponding Figures and Comparative Financial Statements
International Standard on Auditing (Ireland) 710 deals with the auditor’s
responsibilities relating to comparative information in an audit of financial statements.
When the financial statements of the prior period have been audited by a predecessor
auditor or were not audited, the requirements and guidance in ISA (Ireland) 501
regarding opening balances also apply.
ISA (Ireland) 710 is effective for the audits of financial statements for periods
commencing on or after 17 June 2016, for which opinions are issued on or after 1