ASB Meeting Agenda and Materials January 2019

October 17, 2018

Meeting Date: January 14-17, 2019
La Jolla, CA

Estancia La Jolla Hotel & Spa
9700 N. Torrey Pines Road
La Jolla, CA 92037

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January 2019 ASB Meeting Agenda 

Agenda Item 1 – Auditor Reports:  700 series

  • Discussion Memorandum
  • Agenda Item 1A - (marked) - SAS, Forming an Opinion and Reporting on Financial Statements (marked to reflect changes from the October 2018 ASB Meeting)
  • Agenda Item 1B - (marked) - SAS, Communicating Key Audit Matters in the Independent Auditor’s Report (marked to reflect changes from the October 2018 ASB Meeting)
  • Agenda Item 1C - (marked) - SAS, Modifications to the Opinion in the Independent Auditor’s Report  (marked to reflect changes from the October 2018 ASB Meeting)
  • Agenda Item 1D - (marked) - SAS, Emphasis-of-Matter Paragraphs and Other-Matter Paragraphs in the Independent Auditor’s Report (marked to reflect changes from the October 2018 ASB Meeting)
  • Agenda Item 1E – intentionally not posted (see agenda items 1A-1D)
  • Agenda Item 1F - (marked) - Amendments to various AU-C sections (marked to reflect changes from the October 2018 ASB Meeting)
  • Agenda Item 1G - (ERISA) - Issue paper relating to proposed conforming amendments to SAS Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA
  • Agenda Item 1H - (ERISA) - Proposed conforming amendments to SAS Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA

Agenda Item 2 – Management Specialists

Agenda Item 3 – Audit Evidence

Agenda Item 4 – Attestation Standards

  • Discussion Memorandum
  • Agenda Item 4A - The ED, proposed Statement on Standards for Attestation Engagements, Revisions to Statement on Standards for Attestation Engagements No. 18, Attestation Standards: Clarification and Recodification
  • Agenda Item 4B - A summary of the views expressed in the comment letters that identifies commenters supporting a proposed revision, commenters opposing a proposed revision, excerpts of significant comments, and Task Force responses to the comments

Agenda Item 5 – Other Information

  • Discussion Memorandum
  • Agenda Item 5A - Proposed revised Statement on Auditing Standards, The Auditor’s Responsibilities Relating to Other Information Included in Annual Reports – redline to show changes from the exposure draft
  • Agenda Item 5B - Proposed revised Statement on Auditing Standards, The Auditor’s Responsibilities Relating to Other Information Included in Annual Reports – clean

Agenda Item 6 – Auditor Reporting:  800 series

  • Discussion Memorandum
  • Agenda Item 6A - AU section 800, Considerations—Audits of Financial Statements Prepared in Accordance With Special Purpose Frameworks, marked from extant AU-C 800
  • Agenda Item 6B - AU-C section 805, Audits of Single Financial Statements and Specific Elements, Accounts or Items of a Financial Statement,  marked from extant AU-C 805
  • Agenda Item 6C - AU-C section 810, Engagements to Report on Summary Financial Statements, marked from extant AU-C 810