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No, these two differ significantly.
An interim review or interim audit is substantially less in audit scope when compared to an annual audit.
An annual audit is an in depth look at the financial statement for the full period under review whereas an interim review or audit is usually half way through the year with limited procedures performed.
The scope of an annual audit is to express an opinion on the financial statements for the period, the scope is also focused on many elements such as internal controls, key risk areas and matters considered significant by the auditor.
In terms is the ISA's, a review is significantly different to an audit, these can be considered to be separate functions where a review is concerned, a negative opinion is expressed. And there are no explicit procedures performed.
