IAASB Quarterly Board Meeting – December 5-9, 2011 (Los Angeles, California)

December 5 - 9, 2011

Meeting Summary

Agenda

Agenda Papers

Agenda Item 1 - Introduction and Opening Remarks

20111205-IAASB-Agenda Item 1 Introduction and Opening Remarks-V1 (71K) 20111205-IAASB-Agenda Item 1-A-Sep 2011 Meeting Draft Public Session Mins-(marked up) (119K) 20111205-IAASB-Agenda Item 1-B-Sep 2011 Meeting Draft Public Session Mins-(clean) (151K)

Agenda Item 2 - ISRS 4410

20111205 IAASB-Agenda Item 2-A ISRS 4410 Issues and Task-V6docx (153K) 20111205 IAASB-Agenda Item 2-B (Marked from September) ISRS 4410-V6.3 (308K) 20111205 IAASB-Agenda Item 2-C (clean) ISRS 4410-V3 (311K) 20111205-IAASB-Agenda Item 2 ISRS4410 Cover Note-V2 (75K) 20111205-IAASB-Agenda Item 2-D Revised ISRS 4410 (Marked from ED)-V1 (372K)

Agenda Item 3-IAASB Strategy and Work Program

20111205-IAASB-Agenda Item 3-Draft IAASB Strategy and Work Program-Cover-v1-02 (98K) 20111205-IAASB-Agenda Item 3A-Strategy 2012-2014-Marked from Sept-v1-01 (176K)

Agenda Item 4 - ISA 610

20111205-IAASB-Agenda Item 4 ISA 610 Cover Note-V1 (80K) 20111205-IAASB-Agenda Item 4-A ISA 610 Issues and IAASB TF Proposals-V1 (76K) 20111205-IAASB-Agenda Item 4-B ISA 610 Proposed Revised ISA 610-V1 (Marked from September 2011) (198K) 20111205-IAASB-Agenda Item 4-C ISA 610 Proposed Revised ISA 315-V1 (Clean) (102K) 20111205-IAASB-Agenda Item 4-D ISA 610 Proposed Revised ISA 610-V1 (Clean) (185K) 20111205-IAASB-Agenda Item 4-E ISA 610 Proposed Revised ISA 610-V1 (Key Changes and ED Mapping) (157K) 20111205-IAASB-Agenda Item 4-F ISA 610 Proposed Revised ISA 315-V1 (Marked from ED) (110K) 20111205-IAASB-Agenda Item 4-G ISA 610 Proposed Revised ISA 610-V1 (Marked from ED) (208K) 20111205-IAASB-Agenda Item 4-H ISA 610 Proposed Revised ISA 610-V1 (DA Shaded) (159K) 20111205-IAASB-Agenda Item 4-I ISA 610 Proposed Conforming Amendments-V1 (46K)

Agenda Item 5 - Auditor Reporting

20111205-IAASB-Agenda Item 5-A-Auditor Reporting Draft Project Proposal-final-v2-06 (121K) 20111205-IAASB-Agenda Item 5-Auditor Reporting Cover Note-v1-03 (83K) 20111205-IAASB-Agenda Item 5-B-Auditor Reporting Issues Paper-v1-03 (3) (384K) 20111205-IAASB-Agenda Item 5-C-Auditor Reporting-Scorecard of Options-v1-01 (213K)

Agenda Item 6-Audit Quality

20111205-IAASB-Agenda Item 6 AuditQuality Cover Sheet-V1 (54K) 20111205-IAASB-Agenda Item 6-A-AuditQuality Issues Paper-V1 (118K) 20111205-IAASB-Agenda Item 6-B-Illustrative Engagement Level Part-V1 (95K) 20111205-IAASB-Agenda Item 6-C-AuditQuality Alternative Framework Structure-V1 (81K) 20111205-IAASB-Agenda Item 6-D-AuditQuality Revised Introductory Part-V1 (317K) 20111205-IAASB-Agenda Item 6-E-Impact of FRF-V1 (45K) 20111205-IAASB-Agenda Item 6-F-Revised Draft AQ Fwk Paper (532K)

Agenda Item 7 - Draft Staff Q & A - Professional Skepticism

20111205-IAASB-Agenda 7 Handout Intitial Reactions related to Agenda Item 7-A Staff QA (44K) 20111205-IAASB-Agenda Item 7 Staff QA Professional Skepticism-Cover Notev2 (63K) 20111205-IAASB-Agenda Item 7-A Draft Staff QA-Professional Skepticism-V1 (135K)

Agenda Item 8 - ISRE 2400

20111205-IAASB-Agenda Item 8 ISRE2400 Cover Note-V2 (76K) 20111205-IAASB-Agenda Item 8-A-ISRE2400 Issues and Task Force Proposals-V6 1 (279K)

Agenda Item 9 - ISAE 3410

20111205-IAASB-Agenda Item 9 ISAE 3410 Cover Note-V1 (74K) 20111205-IAASB-Agenda Item 9-A ISAE 3410 Issues and Task Force Proposals-V1 (122K) 20111205-IAASB-Agenda Item 9-B-ISAE 3410 GHG (Clean) (518K) 20111205-IAASB-Agenda Item 9-C ISAE 3410 GHG Draft (Marked) (505K)

Agenda Item10 - Disclosures

20111205-IAASB-Agenda Item 10 Disclosures Feedback Statement Cover Sheet-V1 (157K) 20111205-IAASB-Agenda Item 10-A Disclosures Feedback Statement Issues and IAASB WG Proposals-V1 (222K) 20111205-IAASB-Agenda Item 10-B Draft Disclosures Feedback Statement-V1 (542K)

Agenda Item11 - ISA 720

20111205-IAASB-Agenda Item 11 ISA 720 Cover Sheet-V1-01 (76K) 20111205-IAASB-Agenda Item 11-A ISA 720 Issues and TF Proposals-V1 (98K) 20111205-IAASB-Agenda Item 11-B ISA 720 Proposed ISA 720 (Revised)-V1 (Marked from September 2011) (109K) 20111205-IAASB-Agenda Item 11-C ISA 720 Proposed ISA 720 (Revised)-V1 (Clean) (92K)

Agenda Item12 - Due Process

20111205-IAASB-Agenda Item 12-Due Process-v1-00 (105K)

Minutes

Updated Agenda

Audio

Discussion Held on December 5, 2011 - Monday AM

IAASB LA MON AM SESSION (79.3 MB)
Agenda Item 1 - Introduction and Minutes (Run time: 19.53 minutes)
Agenda Item 2 - ISRS 4410 (Run time: 3 hours)

Discussion Held on December 5, 2011 - Monday PM

IAASB LA MON PM SESSION (86.7 MB)
Agenda Item 2 - ISRS 4410 (Run time: 1 hour, 33.20 minutes)
Agenda Item 3 - Strategy (Run time: 1 hour, 58 minutes)

Discussion Held on December 6, 2011 - Tuesday AM

IAASB LA TUES AM SESSION (86.9 MB)
Agenda Item 4 - ISA 610 (Run time: 3 hours, 31.46 minutes)

Discussion Held on December 6, 2011 - Tuesday PM

IAASB LA TUES PM SESSION (86.7 MB)
Agenda Item 4 - ISA 610 (Run time: 7 minutes)
Agenda Item 9 - GHG (Run time: 3 hours, 24.19 minutes)

Discussion Held on December 7, 2011 - Wednesday AM

IAASB LA WED AM SESSION (98 MB)
Agenda Item 10 - Disclosures Feedback Statement (Run time: 1 hour, 16 minutes)
Agenda Item 7 - Staff Q & A (Run time: 44.09 minutes)
Agenda Item 8 - ISRE 2400 (Run time: 1 hour, 52.34 minutes)

Discussion Held on December 7, 2011 - Wednesday PM

IAASB LA WED PM SESSION (38.4 MB)
Agenda Item 8 - ISRS 2400 (Run time: 4.30 minutes)
Agenda Item 6 - Audit Quality (Run time: 1 hour, 11 minutes)
Closing Remarks (Run time: 18.22 minutes)

Discussion Held on December 8, 2011 - Thursday AM 2

IAASB LA THURS AM 2 SESSION (37 MB)
PIOB - Rob Ward (Run time: 8.12 minutes)
Agenda Item 5 - Auditor Reporting (Run time: 50.15 minutes)
Agenda Item 2 - ISRS 4410 (Run time: 32.30 minutes)

Discussion Held on December 8, 2011 - Thursday AM

IAASB LA THURS AM SESSION (50.4 MB)
Agenda Item 5 - Auditor Reporting (Run time: 2 hours, 2.47 minutes)

Discussion Held on December 8, 2011 - Thursday PM

IAASB LA THURS PM SESSION (97.6 MB)
Agenda Item 2 - ISRS 4410 (Run time: 2 hours, 29.30 minutes)
Agenda Item 5 - Auditor Reporting (Run time: 14.23 minutes)
Agenda Item 6 - Audit Quality (Run time: 1 hour, 4.11 minutes)
PIOB Remarks - Rob Ward (Run time: 8.08 minutes)
Closing Remarks - Prof. Arnold Schilder, IAASB Chairman (Run time: 1.33 minutes)

Discussion Held on December 9, 2011 - Friday AM

IAASB LA FRI AM SESSION (74.5 MB)
Agenda Item 4 - Pro ISA 610 (Run time: 2 hours, 1.28 minutes)
Agenda Item 5 - Auditor Reporting (Run time: 29.11 minutes)
Agenda Item 3 - Strategy (Run time: 19 minutes)
Agenda Item 9 - GHG (Run time: 52.27 minutes)

Discussion Held on December 9, 2011 - Friday PM

IAASB LA FRI PM SESSION (70 MB)
Agenda Item 11 - ISA 720 (Run time: 2 hours, 42.18 minutes)
Closing Remarks - PIOB - Rob Ward (Run time: 6.11 minutes)
Closing Comments - Prof. Arnold Schilder, IAASB Chairman (Run time: 2.4 minutes)

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.

Agree