New York, USA

December 7 - 11, 2015

Meeting Summary

IAASB Podcast

IAASB-December-2015-Meeting-Highlights (42.1 MB)
IAASB Technical Director Kathy Healy hosts the December 2015 audio podcast featuring Chairman Arnold Schilder, Deputy Chair Chuck Landes, and IAASB members Annette Köhler, Rich Sharko, and Megan Zietsman as they discuss key activities and events from the board's December 7-11, 2015, meeting in New York.

:05 – Introduction
:30 - Chairman's Overview
3:48 - Invitation to Comment, Enhancing Audit Quality in the Public Interest: A Focus on Professional Skepticism, Quality Control and Group Audits
7:30 - Professional Skepticism
11:15 - ISA 540
14:08 - Approval of ISA 810 (Revised)
15:52 – Other Presentations and Outreach Activities
19:11 - Closing Remarks
21:12 - Next Meeting

Meeting Highlights

IAASB December 2015 meeting highlights - Final (96K)

Agenda

Agenda Papers

Agenda Item 1 - Introduction and Opening Remarks

20151207-IAASB-Agenda Item 1-Introduction and Opening Remarks (204K) 20151207-IAASB-Agenda Item 1A-Minutes and Opening Remarks-September 2015 Draft Public Minutes-Marked Final (177K) 20151207-IAASB-Agenda Item 1B-Minutes and Opening Remarks-September 2015 Draft Public Minutes-Clean Final (173K) 20151207-IAASB-Agenda Item 1C-October 2015 Draft Public Minutes for IAASB-Marked-final (63K) 20151207-IAASB-Agenda Item 1D-October 2015 Draft Public Minutes for IAASB-Clean-final (62K)

Agenda Item 2 - Enhancing Audit Quality

20151207-IAASB-Agenda Item 2 -Enhancing AQ-Cover (Final) (72K) 20151207-IAASB-Agenda Item 2A-Enhancing AQ Issues-final (159K) 20151207-IAASB-Agenda Item 2B-Draft Overview of the ITC (Final) (454K) 20151207-IAASB-Agenda Item 2C-Enhancing AQ ITC-Final (908K)

Agenda Item 3 - ISA 810

201501207-IAASB-Agenda Item 3 -ISA 810 Cover-final (49K) 20151207-IAASB-Agenda Item 3A ISA 810-Issues and DT700 Recommendations final (138K) 20151207-IAASB-Agenda Item 3B Proposed ISA 810 Marked from ED final (174K)

Agenda Item 3 - ISA 810 Supplements

20151207 IAASB-Supplement A to Agenda Item 3A-Compilation of General Comments (194K) 20151207 IAASB-Supplement B to Agenda Item 3A-Compilation of Question 1 Responses (157K) 20151207 IAASB-Supplement C to Agenda Item 3A-Compilation of Question 2 Responses (155K) 20151207 IAASB-Supplement D to Agenda Item 3A-Compilation of General Questions (a)(b)(c)(d) Responses (88K)

Agenda Item 4 - ISA 540

20151207-IAASB-Agenda Item 4 ISA 540 FI-Cover-final (72K) 20151207-IAASB-Agenda Item 4A ISA 540 FI-Issues-Final (59K) 20151207-IAASB-Agenda Item 4B ISA 540 FI Project Proposal Revision of ISA 540-final (142K) 20151207-IAASB-Agenda Item 4C ISA 540 FI-Publication-Final (148K)

Agenda Item 5 - IASB Liaison

20151207-IAASB-Agenda Item 5-IASB Liaison Cover (19K) 20151207-IAASB-Supplement 5-A to Agenda Item 5-IASB Draft Materiality Practice Statement (229K) 20151207-IAASB-Supplement 5-B to Agenda Item 5-IASB 2015 Agenda Consultation (406K)

Agenda Item 6 - NOCLAR

20151207-IAASB-Agenda Item 6 NOCLAR-Cover-FINAL (83K) 20151207-IAASB-Agenda Item 6-A IESBA-Issues Paper (389K) 20151207-IAASB-Agenda Item 6-B IESBA-Marked from ED (197K) 20151207-IAASB-Agenda Item 6-C IESBAClean (164K)

Agenda Item 7 - Professional Skepticism

20151207-IAASB Agenda Item 7 -Professional Skepticism-Cover-final (41K) 20151207-IAASB-Agenda Item 7A-Slide-Presentation-State of the Art Research Relating to Auditor Professional Skepticism-final (247K) 20151207-IAASB-Agenda Item 7B-Executive Summary-State of Art Research Related to Auditor Professional Skepticism-final (55K)

Agenda Item 8 - IAASB Timetable of Current Projects

20151207-IAASB-Agenda Item 8-IAASB Timetable of Current Projects (44K)

Agenda Item 9 - ISA 810 Due Process

20151207-IAASB-Agenda Item 9-ISA 810 Due Process-final (61K)

Minutes

Updated Agenda

Audio

Discussion held on December 07 AM Session

December 07 AM Session (162.5 MB)
Agenda Item 1 – Opening Remarks
Agenda Item 2 – Invitation to Comment: Enhancing Audit Quality in the Public Interest – A focus on Professional Skepticism, Quality Control and Group Audits

Discussion held on December 07, 2015 PM Session

December 07 PM Session (198 MB)
Agenda Item 2 – Invitation to Comment: Enhancing Audit Quality in the Public Interest – A focus on Professional Skepticism, Quality Control and Group Audits

Discussion held on December 08, 2015 AM Session

December 08 AM Session (115.6 MB)
Agenda Item 3 – ISA 810

Discussion held on December 08, 2015 PM Session

December 08 PM Session (183.1 MB)
Agenda Item 4 – ISA 540 (Project Proposal)
Agenda Item 2 – Invitation to Comment: Enhancing Audit Quality in the Public Interest – A focus on Professional Skepticism, Quality Control and Group Audits (Overview)
Agenda Item 5 – IASB Presentation

Discussion held on December 09, 2015 AM Session

December 09 AM Session (183.5 MB)
Agenda Item 4 – ISA 540 (Project Update)
Agenda Item 6 – Presentation – Way Forward on IESBA’s NOCLAR Proposals

Discussion held on December 09, 2015 PM Session

December 09 PM Session (96.2 MB)
Auditor Reporting Implementation Update
Chairman’s Remarks

Discussion held on December 10, 2015 AM Session

December 10 AM Session (85.6 MB)
Agenda Item 7 – Professional Skepticism (Presentation)

Discussion held on December 10, 2015 PM Session

December 10 PM Session (120.7 MB)
Agenda Item 2 – Invitation to Comment: Enhancing Audit Quality in the Public Interest – A focus on Professional Skepticism, Quality Control and Group Audits
Presentation from UK Financial Reporting Council

Discussion held on December 11, 2015 AM Session

December 11 AM Session (103.5 MB)
Agenda Item 3 – ISA 810
Agenda Item 2 – Invitation to Comment: Enhancing Audit Quality in the Public Interest – A focus on Professional Skepticism, Quality Control and Group Audits (Overview)
Agenda Item 8 – Closing Remarks
 
 

Thank you for your interest in our publications. These valuable works are the product of substantial time, effort and resources, which you acknowledge by accepting the following terms of use. You may not reproduce, store, transmit in any form or by any means, with the exception of non-commercial use (e.g., professional and personal reference and research work), translate, modify or create derivative works or adaptations based on such publications, or any part thereof, without the prior written permission of IFAC.

Our reproduction and translation policies, as well as our online permission request and inquiry system, are accessible on the Permissions Information web page.

For additional information, please read our website Terms of Use. ALL RIGHTS RESERVED.