ISA 210 is a standard issued by the International Auditing and Assurance Standards Board (IAASB), which sets out the requirements for the auditor to plan and perform an audit of financial statements. This standard outlines the responsibilities of the auditor in establishing an overall audit strategy, identifying and assessing the risks of material misstatement, and designing audit procedures to address those risks. ISA 210 also includes requirements related to communication with those charged with governance and documenting the auditor's understanding of the entity and its environment.
