ASB meeting agenda and materials May 11-13, 2021

Meeting Date: May 11-13, 2021
Place: Via VideoConference (Zoom)
Times are EST

ASB May 2021 meeting agenda

Agenda Item 1 – Investments/Specialists

• Agenda Item 1 - Discussion Memo
• Agenda Item 1A - Proposed SAS, marked for proposed revisions
• Agenda Item 1A – Proposed revisions marked against advance agenda materials Proposed SAS Specialists – Amendments to AU-C 510,540,620
• Agenda Item 1A – turnaround version for vote Proposed SAS Specialists -Amendments to AU-C 510540620
• Agenda Item 1B - Table of Comments: General, Questions 1 & 2
• Agenda Item 1C - Table of Comments: Specific Paragraphs
• Agenda Item 1D - AU-C 501-SAS 142-143 added marked for ED SAS 144

Agenda Item 2 – Risk Assessment

• Agenda Item 2 – Risk Assessment Discussion Memorandum and Issues for Consideration
• Agenda Item 2A – Proposed SAS, Identifying and Assessing the Risks of Material Misstatement Through Understanding the Entity and its Environment, marked from the Exposure Draft
• Agenda Item 2B – Comparison Matrix of Requirement Paragraphs, which includes the proposed SAS marked from ISA 315 (Revised 219), extant AU-C section 315, and AS 2110, Identifying and Assessing the Risks of Material Misstatement

Agenda Item 4 – Attestation Standards (Direct Reviews)

• Agenda Item 4 – Discussion Memo

Agenda Item 5 – Group Audits

• Agenda Item 5 – Group Audits Discussion Memorandum
• Agenda Item 5A – Proposed ISA 600 (Revised), Special Considerations—Audits of Group Financial Statements (Including the Work of Component Auditors (March 2021 Draft Marked from the Exposure Draft)
• Agenda Item 5B – Proposed ISA 600 (Revised) – Issues Paper, March 2021 IAASB Meeting 
• Agenda Item 5C – Proposed ISA 600 (Revised) – Issues Paper, December 2020 IAASB Meeting