New York, USA

December 11 - 15, 2017

Meeting Summary

IAASB Podcast

IAASB December 2017 Meeting Highlights Podcast (20.2 MB)
00:15 – Introduction: Matt Waldron, IAASB Technical Director
00:36 – Highlights & Key Developments: Matt Waldron, IAASB Technical Director
03:19 – ISA 540 (Revised): Rich Sharko, Task Force Chair and IAASB Member
05:38 – ISA 315 (Revised): Fiona Campbell, IAASB Member
10:05 – ISA 220 and ISQC 1: Megan Zietsman, IAASB Deputy Chair
19:49 – Closing Remarks: Matt Waldron, IAASB Technical Director

Meeting Highlights

IAASB December 2017 Meeting Highlights (54K)

Agenda

Agenda Papers

Agenda Item 1 - Introduction and Opening Remarks

20171211-IAASB Agenda Item 1-A-Draft-Minutes and Opening Remarks-October-2017 - MARKED (74K) 20171211-IAASB Agenda Item 1-B-Draft-Minutes and Opening Remarks-October-2017 - CLEAN (73K) 20171211-IAASB Agenda Item 1-Introduction and Opening Remarks FINAL (82K) 20171211-IAASB-Agenda Item 1-C-Draft September 2017 IAASB IESBA Joint Public Session Meeting Minutes - FINAL (50K)

Agenda Item 2 - ISA 540 (Revised)

20171211-IAASB Agenda Item 2-A-Discussion of Significant Issues and the Task Forces Responses (147K) 20171211-IAASB Agenda Item 2-B-Proposed ISA 540-MARKED (555K) 20171211-IAASB Agenda Item 2-C-Proposed ISA 540 UPDATED (129K) 20171211-IAASB Agenda Item 2-C-Proposed ISA 540-CLEAN (472K) 20171211-IAASB Agenda Item 2-D-Conforming and Consequential Amendments (143K) 20171211-IAASB Agenda Item 2-D-Conforming and Consequential Amendments-UPDATED (170K) 20171211-IAASB Agenda Item 2-E.1-Summary of Categories of Themes (159K) 20171211-IAASB Agenda Item 2-E.2-Inventory of ED-540 AM-Strategy for Restructuring (203K) 20171211-IAASB Agenda Item 2-F.1-Analysis Question 1 (73K) 20171211-IAASB Agenda Item 2-F.2-Analysis Question 2 (68K) 20171211-IAASB Agenda Item 2-F.3-Analysis Question 5 (94K) 20171211-IAASB Agenda Item 2-F.4-Analysis Question 6 (59K) 20171211-IAASB Agenda Item 2-F.5-Analysis Question 8 (55K) 20171211-IAASB Agenda Item 2-F.6-Analysis General Comments (105K) 20171211-IAASB Agenda Item 2-Issues-Final (665K) 20171211-IAASB Agenda Item 2-Supplement A-Mapping of Comment Categories to High Level Classifications (325K) 20171211-IAASB Agenda Item 2-Supplement B-Analysis of Responses to the AM (2 MB)

Agenda Item 3 - ISA 315 (Revised)

20171211-IAASB Agenda Item 3 ISA 315 Revised Issues and Discussion Final (232K) 20171211-IAASB Agenda Item 3A ISA 315 Revised Requirements (Final) (107K) 20171211-IAASB Agenda Item 3B ISA-315-Revised-Application Material (389K)

Agenda Item 5 - Quality Management at the Engagement Level (ISA 220)

20171211-IAASB-Agenda Item 5-Supplement A-Relationship Between ISQC 1 and ISA 220 FINAL (106K) 20171211-Agenda-Item-5-B-Quality-Management-Engagement-Level-Marked-From-Extant-Working-Draft-Proposed-ISA-220-Revised (210K) 20171211 Agenda Item 5-A - Quality Management (Engagement Level) Working Draft Proposed ISA 220 (Revised) FINAL (176K) 20171211 Agenda Item 5 - Quality Management (Engagement Level) ISA 220 Issues Paper (181K)

Agenda Item 6 - Quality Management (Firm Level)

20171211-IAASB Agenda Item 6 -Quality Management (Firm level) Considerations in Relation to the Draft ED of ISQC 1- (FINAL) (333K) 20171211-IAASB Agenda Item 6-A-Quality Management (Firm level) Draft of Exposure Draft of ISQC 1 (FIRST READ)-(FINAL)v1 (498K) 20171211-IAASB-Agenda Item 6-B-Comparison of the requirements in extant ISQC 1 to Proposed ISQC 1 (Revised) (148K)

Agenda Item 8 - Professional Skepticism

20171211-IAASB-Agenda-Item-8 -Professional-Skepticism-Issues-Paper - FINAL (133K)

Agenda Item 9 - ISA Adoption Update

20171211-IAASB-Agenda Item 9-ISA Adoption-Cover-Final (38K)

Minutes

Audio

Discussion held on December 11, 2017 Session

IAASB Board Meeting - December 11, 2017 - Part 1 (181.9 MB) IAASB Board Meeting - December 11, 2017 - Part 2 (143.7 MB)
Agenda Item 1 – Opening Remarks
Agenda Item 2 – ISA 540 (Revised) (First Read

Discussion held on December 12, 2017 Session

IAASB Board Meeting - December 12, 2017 - Part 1 (110.6 MB) IAASB Board Meeting - December 12, 2017 - Part 2 (160.3 MB) IAASB Board Meeting - December 12, 2017 - Part 3 (104.9 MB)
Agenda Item 3 – ISA 315 (Revised) (First Read of ED)
Agenda Item 4 – G_roup Audits (Update)

Discussion held on December 13, 2017 Session

IAASB Board Meeting - December 13, 2017 - Part 1 (98.9 MB) IAASB Board Meeting - December 13, 2017 - Part 2 (114 MB)
Agenda Item 5 – ISA 220 (Issues)
Agenda Item 6 – ISQC 1 (First Read of ED)

Discussion held on December 14, 2017 Session

IAASB Board Meeting - December 14, 2017 - Part 1 (143.7 MB) IAASB Board Meeting - December 14, 2017 - Part 2 (138.7 MB)
Agenda Item 6 – ISQC 1 (First Read of ED)
Agenda Item 2 – ISA 540 (Revised) (First Read)

Discussion held on December 15, 2017 Session

IAASB Board Meeting - December 15, 2017 - Part 1 (111.4 MB) IAASB Board Meeting - December 15, 2017 - Part 2 (123 MB)
Agenda Item 7 – Emerging Forms of External Reporting
Agenda Item 8 – Professional Skepticism
Agenda Item 9 – ISA Adoption Update (Presentation)
Agenda Item 10 – Data Analytics (Update)
Recap

Presentations

 

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