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Auditing Standards Board
Meeting Agenda and Materials for August 23-26, 2010, ASB Meeting
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Meeting Agenda and Materials for August 23-26, 2010, ASB Meeting
Published April 30, 2010
Meeting Date: August 23
–
26, 2010
Place: Denver, CO
The Westin Westminster
10600 Westminster Blvd
Westminster, CO 80020
Hotel phone and reservations:
303-410-5000
Please visit the hotel
web site
for more information regarding this hotel, such as amenities, restaurants, directions, etc.
Agenda
Agenda Item #1 - Omitted Procedures
Discussion Memorandum
Agenda Item 1A-Clean draft of the proposed SAS, dated June 28, 2010
Agenda Item 1B-July 28, 2010 draft of the proposed SAS marked from the July 12, 2010 draft
Agenda Item 1C-Mapping document showing the disposition of the requirements in SAS No. 46 in the proposed SAS
Ballot for issuance of final SAS
Agenda Item #2 - Specific Items
Discussion Memorandum
Agenda Item 2A-Proposed SAS (marked from ASB meeting)
Agenda Item 2B-Proposed SAS (marked from ED)
Agenda Item 2C-Proposed SAS (Clean)
Agenda Item 2D-Matrix
Agenda Item 2E-Appendix and Exhibits
Agenda Item 2F-Mapping Document
Agenda Item #3-Specialists
Discussion Memorandum
Agenda Item 3A-Proposed SAS (marked from ASB meeting)
Agenda Item 3B-Proposed SAS (marked from ED)
Agenda Item 3C-Proposed SAS (Clean)
Agenda Item 3D-Matrix
Agenda Item 3E-Mapping Document
Agenda Item #4 - Auditor's Reports
Discussion Memorandum
Forming an Opinion and Reporting on Financial Statements
Agenda Item 4A-Proposed SAS
Forming an Opinion and Reporting on Financial Statements
(marked from June 2010 ASB meeting)
Agenda Item 4B-Proposed SAS
Forming an Opinion and Reporting on Financial Statements
(clean)
Agenda Item 4C-Matrix comparing ISA 700 and ISA 710, proposed SAS, and certain paragraphs of extant AU sections 508, 530, 410, and 411
Agenda Item 4D-Mapping AU 508 to proposed SASs
Agenda Item 4E-Mapping ISA 710 to proposed SAS
Agenda Item 4F-Mapping AU 410 to proposed SAS
Agenda Item 4G-Mapping AU 431 to proposed SAS
Modifications to the Opinion in the Independent Auditor's Report
Agenda Item 4H-Proposed SAS,
Modifications to the Opinion in the Independent Auditor's Report
(marked from June 2010 ASB meeting)
Agenda Item 4I-Proposed SAS,
Modifications to the Opinion in the Independent Auditor's Report
(clean)
Agenda Item 4J-Matrix comparing ISA 705, proposed SAS, and certain paragraphs of extant AU 508 and 431
Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor's
Report
Agenda Item 4K-Proposed SAS,
Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor's Report
(marked from June ASB meeting)
Agenda Item 4L-Proposed SAS,
Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor's Report
(clean)
Agenda Item 4M-Matrix comparing ISA 706, proposed SAS, and certain paragraphs of extant AU 508 and 532
Agenda Item #5 - Single Financial Statements
Discussion Memorandum
Agenda Item 5A-Issues Paper, Single Financial Statements and Elements
Agenda Item 5B-Proposed SAS, Single Financial Statements and Elements (Marked from May 2010)
Agenda Item 5C-Proposed SAS, Single Financial Statements and Elements (Clean)
Agenda Item 5D-Matrix - Single Financial Statements and Elements
Agenda Item 5E-Mapping of AU section 623
Agenda Item #6 - Summary Financial Statements
Discussion Memorandum
Agenda Item 6A-Issues Paper, Summary Financial Statements
Agenda Item 6B-Proposed SAS, Summary Financial Statements (Marked from May 2010)
Agenda Item 6C-Proposed SAS, Summary Financial Statements (Clean)
Agenda Item 6D-Matrix-Summary Financial Statements
Agenda Item 6E-Mapping of AU section 552
Agenda Item #7-Terms & Reps
Discussion Memorandum
Agenda Item 7A-Proposed SAS
Terms of Engagement -
marked from June Draft
Agenda Item 7B-Proposed SAS
Terms of Engagement
- clean
Agenda Item 7C-Matrix: Proposed SAS
Terms of Engagement,
ISA 210 and paragraphs .08-.10 of AU section 311 and paragraphs .03-.10 of AU section 315
Agenda Item 7D-Proposed SAS
Written Representations
- marked from June Draft
Agenda Item 7E-Proposed SAS
Written Representations
- clean
Agenda Item 7F-Matrix: Proposed SAS
Written Representations
, ISA 580 and AU section 333
Agenda Item 7G-Mapping of AU Section 333 to clarified SAS
Written Representations
Agenda Item #8 - Association
Discussion Memorandum
Agenda Item 8A-Ballot to withdraw
Agenda Item 8B-Mapping of AU section 504 to SSARS and conforming amendments
Agenda Item #9-Consistency
Discussion Memorandum
Agenda Item 9A-Consistency - Issues Paper
Agenda Item 9B-Consistency - Comment Letter Analysis
Agenda Item 9C-Proposed SAS
Consistency of Financial Statements
(marked from exposure draft)
Agenda Item 9D-Proposed SAS
Consistency of Financial Statements
(clean)
Agenda Item 9E-Matrix comparing proposed SAS to extant AU 420 and PCAOB 6
Agenda Item 9F-Comment Letters on Reporting on Compliance
Agenda Item #10-Reports on Accounting Principles
Discussion Memorandum
Agenda Item 10A-Comment Letter Analysis
Agenda Item 10B-Revised Draft of Proposed SAS - Marked Since ED
Agenda Item 10C-Revised Draft of Proposed SAS - Clean
Agenda Item 10D-Matrix of Proposed SAS and Extant AU sections 625 and 9625 - Updated Since ED Release
Agenda Item 10E-Mapping Document and Disposition of Requirements - Updated Since ED Release
Agenda Item 10F-Comment Letters Received (16)
Agenda Item #11-Restricted Use Reports
Discussion Memorandum
Agenda Item 11A-Issues Paper, Restricted Use Reports
Agenda Item 11B-Proposed SAS,
Alerting Readers as to the Intended Use of the Auditor's Written Communication
Agenda Item 11C-Mappying of AU section 532
Agenda Item #13-Quality Control SAS
Discussion Memorandum
Agenda Item 13A-Item 2E-
Proposed SAS Quality Control for an Audit of Financial Statements
- marked with revisiions from July 26 discussion and subsequent comments
Agenda Item 13B-Matrix - ISA 220, Proposed SAS, AU 161 (updated for changes from July meeting)
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