ASB meeting agenda and materials July 20-23, 2020

Meeting Date: July 20-23, 2020
Place: Via VideoConference (Zoom)
Times are EST

July 20-23, 2020

ASB July 2020 meeting agenda

Agenda Item 1 – Attestation Standards

• Agenda Item 1 – Discussion Memo
• Agenda Item 1A – Proposed AT-C section 105, Concepts Common to All Attestation Engagements (Clean Draft)
• Agenda Item 1B – Proposed AT-C section 205, Assertion-Based Examination Engagements (Clean Draft)
• Agenda Item 1C – Proposed AT-C section 206, Direct Examination Engagements (Clean Draft)
• Agenda Item 1D – Proposed AT-C section 105 (Marked From the Draft Presented at the May 2020 ASB Meeting)
• Agenda Item 1E – Proposed AT-C section 205 (Marked From the Draft Presented at the May 2020 ASB Meeting)
• Agenda Item 1F – Proposed AT-C section 206 (Marked From the Draft Presented at the May 2020 ASB Meeting)
• Agenda Item 1G – Proposed AT-C section 105 (Marked From Extant AT-C section 105)
• Agenda Item 1H – Proposed AT-C section 205 (Marked From Extant AT-C section 205)
• Agenda Item 1I – Proposed appendix to standard amending AT-C sections 210, Review Engagements and 215, Agreed-Upon Procedures Engagements
• Agenda Item 1J – Document illustrating compliance with due process in the development and issuance of the proposed SSAE

Agenda Item 2 – Risk Assessment

• Agenda Item 2 – Discussion Memo
• Agenda Item 2A – Proposed SAS in table format. Changes from the last ASB meeting are identified in yellow
• Agenda Item 2B – Proposed Conforming Amendments
• Agenda Item 2C – Draft Explanatory Memorandum
• Agenda Item 2D – Proposed SAS_Clean

Agenda Item 3 – Specialists/Investments

• Agenda Item 3 – Discussion Memo
• Agenda Item 3A – Proposed Amendments to AU-C section 620, Using the Work of an Auditor’s Specialist
• Agenda Item 3B – Proposed Amendments to Extant AU-C 500 Management Specialists Content
• Agenda Item 3C – Proposed Appendix to SAS 143

Agenda Item 4 – Quality Control

• Agenda Item 4 – Discussion Memo
• Agenda Item 4A – Overview of IAASB Quality Management Standards

Agenda Item 5 – NOCLAR

• Agenda Item 5 – Discussion Memo
• Agenda Item 5A –  Proposed SAS, Communication With Predecessor Auditor Regarding Fraud and Noncompliance With Laws and Regulations – clean
• Agenda item 5B –  Proposed SAS, Communication With Predecessor Auditor Regarding Fraud and Noncompliance With Laws and Regulations – marked to show changes from the draft presented to the ASB in January 2020

Agenda Item 6 – Group Audits

• Agenda Item 6 – Discussion Memo
• Agenda Item 6A – The ISA 600 ED