ASB Meeting Agenda and Materials May 2017
Meeting Date: May 15-18, 2017
Chicago, IL
Kimpton Hotel Monaco Chicago
225 North Wabash Avenue
Chicago, IL 60601 Please visit the hotel website for more information regarding this hotel, such as amenities, restaurants, directions, etc. You can make reservations online or you can call the hotel at 1-800-546-7866.
Agenda
- Agenda Item 1 - Exempt Securities
- Agenda Item 2 - Convergence: PCAOB
- Discussion Memorandum
- Agenda Item 2A-PCAOB Issues and Analysis of Proposed Amendments
- Agenda Item 2A1-All proposed amendments by AU-C section
- Agenda Item 2A2-Paragraph-by-paragraph comparisons of AS 18 to relevant AU-C sections
- Agenda Item 2A3-Paragraph-by-paragraph comparisons of AS 16 to relevant AU-C sections
- Agenda Item 2A4-Paragraph-by-paragraph comparisons of AS 17 to relevant AU-C sections
- Agenda Item 2B-Disclosures
- Agenda Item 2B1-Disclosures matrix with proposed amendments
- Agenda Item 2B2-ISA, Addressing Disclosures in the Audit of Financial Statements-Revised ISAs and Related Conforming Amendments (for reference only)
- Agenda Item 2C-NOCLAR
- Agenda Item 3 - Auditor Reporting
- Discussion Memorandum
- Agenda Item 3A-Matrix of proposed SAS, Modifications to the Opinion in the Independent Auditor's Report compared with ISA 705 (Revised) and Extant AU-C 705
- Agenda Item 3B-Matrix of proposed SAS, Emphasis-of-Matter Paragraphs and Other-Matter Paragraphs in the Independent Auditor's Report compared with ISA 706 (Revised) and extant AU-C 706
- Agenda Item 3C-Matrix of proposed SAS, The Auditor's Communication With Those Charged With Governance, compared with ISA 260 (Revised) and extant AU-C 260
- Agenda Item 3D-Proposed Amendments to various AU-C sections
- Agenda Item 3E-Proposed amendments to SAS 132, The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern
- Agenda Item 3F-Illustrative Auditor's Report (for informational purposes)
- Agenda Item 4 - Non-assertion-based Attestation Engagements
- Discussion Memorandum
- Agenda Item 4A-Proposed AT-C section 105, as amended
- Agenda Item 4B-Proposed AT-C section 501, Non-Assertion Based Examination and Review Attestation Engagements
- Agenda Item 4C-Proposed AT-C section 601, Selected Procedures - clean
- Agenda Item 4D-Proposed AT-C section 601, Selected Procedures - redline to show revisions to clean document presented to the ASB at its meeting in January 2017
- Agenda Item 4E-CSAE 3001, Direct Engagements
- Agenda Item 4F-A mapping document that shows how the introductory and requirement paragraphs in CSAE 3001 have been addressed in either the amended common concepts AT-C section or in proposed AT-C section 501
- Agenda Item 7 - Other Information
- Discussion Memorandum
- Agenda Item 7A-Draft proposed standard showing requirements and application guidance in side-to-side format - clean
- Agenda Item 7B-Draft proposed standard showing requirements and application guidance in side-to-side format - redline to show changes from the draft presented to the ASB in January 2017
- Agenda Item 7C-Comparison of ISA 720 (Revised), extant AU-C section 720, and the draft proposed standard
- Agenda Item 8 - Estimates & IAASB Update
