New York, USA

September 17 - 21, 2018

Meeting Summary

IAASB Podcast

IAASB September 2018 Meeting Highlights Podcast (26.8 MB)
00:14 – Introduction: Dan Montgomery, IAASB Interim Technical Director
00:49 - Highlights & Key Developments: Arnold Schilder, IAASB Chairman
05:47 – Agreed Upon Procedures (Approval): Ron Salole, Task Force Chair and IAASB Member
10:18 – ISQC 1 (Revised): Karen French, Task Force Chair and IAASB Member
15:32 - ISQC 2: Imran Vanker, Task Force Chair and IAASB Member
19:21 - ISA 220: Megan Zietsman, IAASB Deputy Chair
23:12 – EER Assurance, Strategy and SMP: Dan Montgomery, IAASB Interim Technical Director
26:28 - Closing Remarks: Dan Montgomery, IAASB Interim Technical Director

Meeting Highlights

IAASB September 2018 Meeting Highlights (81K)

Agenda

Agenda Papers

Agenda Item 1 - Introduction and Opening Remarks

20180917-IAASB-Agenda Item 1-A Draft IAASB June 2018 Public Session Minutes (MARKED) (115K) 20180917-IAASB-Agenda Item 1-B Draft IAASB June 2018 Public Session Minutes (CLEAN) (114K) 20180917-IAASB-Agenda Item 1-C IAASB 2018 Teleconference July 17 Draft Minutes (CLEAN) (63K) 20180917-IAASB-Agenda Item 1-D IAASB 2018 Teleconference August 7 Draft Minutes (CLEAN) (36K) 20180917-IAASB-Agenda Item 1-Introduction and Opening Remarks (70K)

Agenda Item 2 - Quality Management (Firm Level)

20180917-IAASB-Agenda Item 2 -Quality Management (Firm level) ISQC 1 - Issues FINAL (241K) 20180917-IAASB-Agenda Item 2-A-Exposure Draft of ISQC 1 (Clean) FINAL (274K) 20180917-IAASB-Agenda Item 2-A.1 (Updated)-Exposure Draft of ISQC 1 Requirements (Marked From Board Discussion) (128K) 20180917-IAASB-Agenda Item 2-A.2 (Updated)-Exposure Draft of ISQC 1 Application Material (Marked From Board Discussion) (243K) 20180917-IAASB-Agenda Item 2-B-Exposure Draft of ISQC 1 (Marked from March and June) (483K) 20180917-IAASB-Agenda Item 2-C-Comparison of the requirements in extant ISQC 1 to Proposed ISQC 1 (Revised) (113K) 20180917-IAASB-Agenda Item 2-D (For Ref)-Practical Example of Implementation of Proposed ISQC 1 (Revised) FINAL (54K) 20180917-IAASB-Agenda Item 2-E (For Ref)-Illustration of Potential Frequently Asked Questions for Proposed ISQC 1 (Revised) FINAL (52K)

Agenda Item 3 - Strategy 2020-2023

20180917 IAASB-Agenda Item 3 -IAASB Future Strategy Supplement (15K) 20180917 IAASB-Agenda Item 3-IAASB Future Strategy (272K) 20180917 IAASB-Agenda Item 3A-Analysis of responses (321K)

Agenda Item 4 - Quality Management (Engagement Level)

20180917-IAASB-Agenda Item 4 ISA 220-Issues-FINAL (257K) 20180917-IAASB-Agenda Item 4-B ISA 220 Clean-FINAL (237K) 20180917-IAASB-Agenda Item 4-C ISA 220 Marked to Extant-FINAL (277K) 20180917-IAASB-Agenda Item 4-D-ISA-220 Conforming-Amendments-FINAL (154K) 20180917-IAASB-Agenda Item 4-A ISA 220 Marked to June-FINAL (295K)

Agenda Item 5 - Agreed-Upon Procedures

20180918-IAASB Agenda Item 5C UPDATED Sep21-ISRS 4400 Revised-Requirements Marked from September 20 2018 (75K) 20180918-IAASB Agenda Item 5C UPDATED-ISRS 4400 Revised Requirements Marked from September 18 2018 (84K) 20180918-IAASB Agenda Item 5D UPDATED Sep21-ISRS 4400 Revised-Application Material Marked from September 20 2018 (124K) 20180918-IAASB Agenda Item 5D UPDATED-ISRS 4400 Revised Application Material Marked from September 18 2018 (135K) 20180918-IAASB-Agenda-Item- 5-Issues-Paper-ISRS-4400-(Revised) (98K) 20180918-IAASB-Agenda-Item-5-A-ISRS-4400-Revised-Requirements (Marked from March and August) (65K) 20180918-IAASB-Agenda-Item-5-B-ISRS-4400-Revised-Application-Material (Marked from March and August) (113K) 20180918-IAASB-Agenda-Item-5-C-ISRS-4400-Revised-Requirements (Clean) (45K) 20180918-IAASB-Agenda-Item-5-D-ISRS-4400-Revised-Application-Material (Clean) (79K) 20180918-IAASB-Supplement-to-Agenda-Item-5-Mapping-Extant-ISRS-4400-to-Proposed-ISRS-4400 (49K)

Agenda Item 6 - Engagement Quality Control Reviews

20180911-IAASB-Agenda Item 6 ISQC 2 - Supplement to Agenda Item 6 (73K) 20180911-IAASB-Agenda Item 6 ISQC-2 Issues-FINAL (262K) 20180911-IAASB-Agenda Item 6-A ISQC-2 Clean-FINAL (93K) 20180911-IAASB-Agenda Item 6-B ISQC-2 Extracts ISQC-1-FINAL (57K) 20180911-IAASB-Agenda Item 6-F ISQC-2-Marked From Sep 2017 (55K) 20180917-IAASB-Agenda Item 6 – ISQC 2 – Supplement C, ISQC 1 Extracts (17K) 20180917-IAASB-Agenda Item 6 – ISQC 2 – Supplement A, Option A Document Package (40K) 20180917-IAASB-Agenda Item 6 – ISQC 2 – Supplement B, Option B Document Package (56K) 20180918-IAASB-Agenda Item 6-C ISQC 2 - Requirements and Application Material Side-by-Side (91K) 20180918-IAASB-Agenda Item 6-D-Proposed ISQC 1 and 2 Comparison-to-Extant-ISQC 1 and ISA 220 (184K) 20180918-IAASB-Agenda Item 6-E ISQC 2 Exposure Draft (Mark to September 2017) (131K) 20180918-IAASB-Agenda-Item-6-H-Comparison-PCOAB-FINAL (280K)

Agenda Item 7 - EER Assurance

20180917-IAASB-Agenda Item 7 -EER Issues Paper Final (495K) 20180917-IAASB-Agenda Item 7-A-EER Draft Guidance (1019K)

Agenda Item 8 - Audits of Less Complex Entities

20180917-IAASB-Agenda Item 8 -Audits of Less Complex Entities Issues Paper (Final) (70K) 20180917-IAASB-Agenda Item 8-A-Audits of Less Complex Entities Project Proposal (Final) (88K)

Agenda Item J - Joint IAASB and IESBA Board Meeting

20180919-IAASB-IESBA-Joint Board Meeting Agenda Sept 2018 (83K) Agenda Item J1-1 - Introduction Slides - Joint IAASB IESBA Sept 2018 Session (321K) Agenda Item J1-2 – For Reference Only – SSB Coordination Framework (154K) Agenda Item J2 – External Presentation (79K) Agenda Item J3-IAASB and IESBA Future SWPs (60K) Agenda Item J4-IAASB and IESBA Coordination - Discussion Group Session (31K)

Minutes

Audio

Discussion held on September 17, 2018 Session

IAASB Board Meeting - Monday, September 17 2018 Part 1 (119.8 MB) IAASB Board Meeting - Monday, September 17 2018 Part 2 (112 MB) IAASB Board Meeting - Monday, September 17 2018 Part 3 (183.9 MB)
Agenda Item 1 – Opening Remarks
Agenda Item 2 – ISQC 1 (Revised) (Read of ED)

Discussion held on September 18, 2018 Session

IAASB Board Meeting - Tuesday, September 19 2018 - Part 1 (128.5 MB) IAASB Board Meeting - Tuesday, September 19 2018 - Part 2 (133.5 MB) IAASB Board Meeting - Tuesday, September 19 2018 - Part 3 (117 MB) IAASB Board Meeting - Tuesday, September 19 2018 - Part 4 (92.1 MB)
Agenda Item 3 – Strategy 2020-2023 (Discussion)
Agenda Item 4 – ISA 220 (Read of ED)
Agenda Item 5 – Agreed Upon Procedures (Approval of ED)

Discussion held on September 19, 2018 Session

IAASB Board Meeting - Wednesday, September 19 2018 (202.2 MB)
Agenda Item 6 – ISQC 2 (Read of ED)

Discussion held on September 20, 2018 Session

IAASB Board Meeting - Thursday, September 20 2018 - Part 1 (176.5 MB) IAASB Board Meeting - Thursday, September 20 2018 - Part 2 (87.3 MB) IAASB Board Meeting - Thursday, September 20 2018 - Part 3 (130.3 MB)
Agenda Item 7 – Emerging Forms of External Reporting (Issues)
Agenda Item 8 – Audits of Less Complex Entities (Project Proposal)
Agenda Item 5 – Agreed Upon Procedures (Approval of ED)

Discussion held on September 21, 2018 Session

IAASB Board Meeting - Friday, September 21 2018 - Part 1 (131 MB) IAASB Board Meeting - Friday, September 21 2018 - Part 2 (95.6 MB)
Agenda Item 6 – ISQC 2 (Read of ED)
Agenda Item 5 – Agreed Upon Procedures (Approval of ED)
Agenda Item 2 – ISQC 1 (Read of ED)
Agenda Item 9 – Professional Skepticism (Update)
Closing Remarks

Presentations

 
 

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.