Athens, Greece

June 16 - 20, 2008

Agenda

Timetable

• Timetable for Public - Athens (82K)

Agenda Papers

Agenda Item 1 - Introduction and Opening Remarks

• Pages 1577 to 1578 - Agenda Item 1 - Introduction and Opening Remarks Cover Sheet (74K)
• Pages 1579 to 1608 - Agenda Item 1-A - Draft Minutes of March 2008 Public Session Mark-up (148K)
• Pages 1609 to 1638 - Agenda Item 1-B - Draft Minutes of March 2008 Public Session Clean (141K)

Agenda Item 2 - Audit Evidence (ISA 500)

• Pages 591 to 594 - Agenda Item 2 - ISA 500 Cover Sheet (89K)
• Pages 595 to 610 - Agenda Item 2-A - ISA 500 Redrafted Markup (83K)
• Pages 611 to 624 - Agenda Item 2-B - ISA 500 Redrafted Clean (67K)

Agenda Item 3 - Quality Control (ISA 220)

• 2008 06 IAASB Highlights (100K)
• Pages 625 to 626 - Agenda Item 3 - Quality Control Cover Sheet (84K)
• Pages 627 to 646 - Agenda Item 3-A - Quality Control - Significant Comments on EDs (95K)
• Pages 647 to 664 - Agenda Item 3-B - Proposed ISA 220 Redrafted Mark-up from ED (89K)
• Pages 665 to 680 - Agenda Item 3-C - Proposed ISA 220 Redrafted Clean (68K)
• Pages 681 to 714 - Agenda Item 3-D - Proposed ISQC 1 Redrafted Mark-up from ED (157K)
• Pages 715 to 746 - Agenda Item 3-E - Proposed ISQC 1 Redrafted Clean (121K)

Agenda Item 4 - ISA 200 (Revised and Redrafted)

• 2008 06 Athens Public Session - Approved (157K)
• Pages 747 to 756 - Agenda Item 4 - ISA 200 Revised and Redrafted Cover Sheet (114K)
• Pages 757 to 792 - Agenda Item 4-A - Prop ISA 200 Rev and Redraf Marked from March IAASB Mtg (246K)
• Pages 793 to 840 - Agenda Item 4-B - Proposed ISA 200 Revised and Redraft Marked from ED (246K)

Agenda Item 5 - IAASB Strategy and Work Program

• Pages 841 to 842 - Agenda Item 5 - IAASB Strategy and Work Program Cover Sheet (75K)
• Pages 843 to 868 - Agenda Item 5-A - Strategy and Work Program Mark-up from April 29 Draft (168K)
• Pages 869 to 890 - Agenda Item 5-B - Strategy Basis for Conclusions Mark-up of April 29 Draft (103K)
• Pages 891 to 920 - Agenda Item 5-C - Strategy Mark-up from March Mtg Draft (153K)

Agenda Item 6 - Internal Audit (ISA 610)

• Pages 921 to 922 - Agenda Item 6 - Internal Audit Cover Sheet (84K)
• Pages 923 to 926 - Agenda Item 6-A - Internal Audit Issues Paper (36K)
• Pages 927 to 936 - Agenda Item 6-B - Proposed ISA 610 Redrafted Marked from March IAASB Mtg (65K)
• Pages 937 to 946 - Agenda Item 6-C - Draft ISA 610 Redrafted Clean (45K)
• Pages 947 to 960 - Agenda Item 6-D Proposed ISA 610 Redrafted Marked from ED (70K)

Agenda Item 7 - Audit Sampling (ISA 530)

• Pages 1005 to 1024 - Agenda Item 7-D - Proposed ISA 530 Redrafted Marked from ED (96K)
• Pages 961 to 962 - Agenda Item 7 - Audit Sampling Cover Sheet (84K)
• Pages 963 to 970 - Agenda Item 7-A Audit Sampling Issues Paper (36K)
• Pages 971 to 988 - Agenda Item 7-B Proposed ISA 530 Marked from March (85K)
• Pages 989 to 1004 - Agenda Item 7-C - Proposed ISA 530 Redrafted Clean (64K)

Agenda Item 8 - External Confirmations (ISA 505)

• Pages 1025 to 1026 - Agenda Item 8 - External Confirmations Cover Sheet (76K)
• Pages 1027 to 1036 - Agenda Item 8-A - External Confirmations Issues Paper (53K)
• Pages 1037 to 1050 - Agenda Item 8-B - Proposed ISA 505 Revised and Redrafted Clean (132K)
• Pages 1051 to 1064 - Agenda Item 8-C - Proposed ISA 505 Rev and Redraft Marked Up from ED (152K)

Agenda Item 9 - Materiality and Misstatements (ISA 320 & 450

• Pages 1067 to 1078 - Agenda Item 9 - Materiality and Misstatements Cover Sheet (132K)
• Pages 1077 to 1086 - Agenda Item 9-A - ISA 320 Rev and Redraft Marked up from March Draft (58K)
• Pages 1087 to 1098 - Agenda Item 9-B - ISA 450 Rev and Redraft Marked up from March Draft (69K)
• Pages 1099 to 1108 - Agenda item 9-C - ISA 320 Revised and Redrafted Marked up from ED (67K)
• Pages 1109 to 1122 - Agenda Item 9-D - ISA 450 Revised and Redrafted Marked up from ED (91K)

Agenda Item10 - Summary Financial Statements

• Pages 1123 to 1124 - Agenda Item 10 - Summary Financial Statements Cover Sheet (85K)
• Pages 1125 to 1138 - Agenda Item 10-A - Significant Comments - Summary Financial Statements (70K)
• Pages 1139 to 1164 - Agenda Item 10-B - ISA 810 Revised and Redrafted Marked (119K)
• Pages 1165 to 1190 - Agenda Item 10-C - ISA 810 Revised and Redrafted Clean (88K)

Agenda Item11 - Auditors Reports (ISA 700)

• Pages 1191 to 1192 - Agenda Item 11 - Auditors Reports Cover Sheet (86K)
• Pages 1193 to 1220 - Agenda Item 11-A - Significant Comments - ED-ISA 700 Redrafted (127K)
• Pages 1221 to 1254 - Agenda Item 11-B - ISA 700 Redrafted - Marked (188K)
• Pages 1255 to 1282 - Agenda Item 11-C - ISA 700 Redrafted - Clean (121K)

Agenda Item12 - ISAs 800 and 805

• Pages 1283 to 1284 - Agenda Item 12 - ISA 800 ISA 805 Cover Sheet (86K)
• Pages 1285 to 1300 - Agenda Item 12-A - Significant Comments - ED-ISA 800 Rev and Red (80K)
• Pages 1301 to 1316 - Agenda Item 12-B - ISA 800 Revised and Redrafted - Marked (85K)
• Pages 1317 to 1336 - Agenda Item 12-C - ISA 805 Revised and Redrafted - Marked (106K)
• Pages 1337 to 1350 - Agenda Item 12-D - ISA 800 Revised and Redrafted - Clean (59K)
• Pages 1351 to 1368 - Agenda Item 12-E - ISA 805 Revised and Redrafted - Clean (73K)
• Pages 1369 to 1406 - Agenda Item 12-F - ED-ISA 800 vs Final ISAs 800 805 (213K)

Agenda Item13 - Experts (ISA 620)

• Pages 1407 to 1410 - Agenda Item 13 - ISA 620 Rev and Redraft Cover Sheet (98K)
• Pages 1411 to 1426 - Agenda Item 13-A - ISA 620 Rev and Redraft - Issues Paper (139K)
• Pages 1427 to 1450 - Agenda Item 13-B - ISA 620 Rev and Redraft Mark-up (153K)
• Pages 1451 to 1474 - Agenda Item 13-C - ISA 620 Rev and Redraft Clean (100K)

Agenda Item14 - Modifications (ISAs 705 and 706)

• Pages 1475 to 1476 - Agenda Item 14 - ISAs 705 and 706 Rev and Redraft Cover Sheet (84K)
• Pages 1477 to 1494 - Agenda Item 14-A - Summary of Significant Comments ED-ISAs 705 and 706 (91K)
• Pages 1495 to 1524 - Agenda Item 14-B - ISA 705 Rev and Redraft Markup from ED (190K)
• Pages 1525 to 1552 - Agenda Item 14-C - ISA 705 Rev and Redraft Clean (160K)
• Pages 1553 to 1564 - Agenda Item 14-D - ISA 706 Rev and Redraft Markup from ED (72K)
• Pages 1565 to 1576 - Agenda Item 14-E - ISA 706 Rev and Redraft Clean (52K)

Agenda Item15 - Due Process

• Pages 1639 to 1642 - Agenda Item 15 - Due Process (88K)

Updated Agenda

• Conforming Amendments as a Result of ISA 610 (Redrafted) (121K)
• Conforming Amendments to ISAs 230, 260, 300, 315, 540, 600 (51K)
• Updated Agenda Item 14-C - ISA 705 (Revised and Redrafted) (183K)
• Updated Agenda Item 14-E - ISA 706 (Revised and Redrafted) (64K)
• Updated Agenda Item 6-C - ISA 610 (Redrafted) (161K)
• Updated Agenda Item 7-C - Audit Sampling (66K)
• Updated Agenda Item 9-A - ISA 320 (Revised and Redrafted) (47K)
• Updated Agenda Item 9-B - ISA 450 (Revised and Redrafted) (60K)

Agenda Item 2 - Audit Evidence (ISA 500)

• Updated Agenda Item 4-A - ISA 200 (Revised and Redrafted) (126K)

Agenda Item 5 - IAASB Strategy and Work Program

• Conforming Amendments to the Preface and ISAs 230, 240, 250, 260, 315, 540, 550 (61K)

Audio

• Discussion held on Friday AM, June 20, 2008 (110.8 MB)
  Agenda Item 6 – Internal Audit (ISA 610) (Run time: 15.53 minutes)
  Agenda Item 4 – Overall Objective of the Auditor (ISA 200) (Run time: 41.04 minutes)
  Agenda Item 12 /10 – Special Reports (ISAs 800/805/810) (Run time: 1 hour, 23.02 minutes)
  Agenda Item 3 – Quality Control (ISA 220) (Run time: 1 hour, 27.24 minutes)
• Discussion held on Friday PM, June 20, 2008 (32.5 MB)
  Agenda Item 3 – Quality Control (ISA 220) (Run time: 53.23 minutes)
  Closing Comments by The PIOB Chairman Stavros Thomadakis (Run time: 6:08 minutes)
  Closing Comments by The IAASB Chairman John Kellas (Run time: 7:20 minutes)
• Discussion held on Monday AM, June 16, 2008 (108.3 MB)
  Agenda Item 1 – Introduction and Minutes (Run time: 16.53 minutes)
  Agenda Item 11 – Auditor’s Reports (ISA 700) (Run time: 3 hours, 32.00 minutes)
• Discussion held on Monday PM, June 16, 2008 (101.6 MB)
  Agenda Item 6 – Internal Audit (ISA 610) (Run time: 1 hour, 43.09 minutes)
  Agenda Item 14 – Modified Reports (ISA 705) (Run time: 1 hour, 07.08 minutes)
  Agenda Item 14 – Modified Reports (ISA 706) (Run time: 29.28 minutes)
• Discussion held on Thursday AM, June 19, 2008 (102.6 MB)
  Agenda Item 8 – Confirmations (ISA 505) (Run time: 2 hours, 06.55 minutes)
  Agenda Item 11 – Auditor’s Report (ISA 700) (Run time: 1 hour, 29.00 minutes)
• Discussion held on Thursday PM, June 19, 2008 (93.3 MB)
  Agenda Item 14 – Modified Reports (ISAs 705/706) (Run time: 48.33 minutes)
  Agenda Item 7 – Sampling (ISA 530) (Run time: 22.06 minutes)
  Agenda Item 2 – Audit Evidence (ISA 500) (Run time: 35.19 minutes)
  Fair Value (project update) (Run time: 37.00 minutes)
  Agenda Item 6 – Internal Audit (ISA 610) (Run time: 1 hour, 07. 33 minutes)
• Discussion held on Tuesday AM, June 17, 2008 (Part I) (55.9 MB)
  Agenda Item 4 – Overall Objective of the Auditor (ISA 200) (Run time: 1 hour, 57.51 minutes)
  Agenda Item 4 – Overall Objective of the Auditor (ISA 200) (Run time: 41.46 minutes)
  Agenda Item 7 – Sampling (ISA 530) (Run time: 1 hour, 19.13 minutes)
• Discussion held on Tuesday AM, June 17, 2008 (Part II) (57.7 MB)
• Discussion held on Tuesday PM, June 17, 2008 (92.5 MB)
  Agenda Item 12 – Special Reports (ISAs 800/805) (Run time: 2 hours, 03.16 minutes)
  Agenda Item 2 – Audit Evidence (ISA 500) (Run time: 43.44 minutes)
  Agenda Item 10 – Special Reports (ISA 810) (Run time: 29.50 minute
• Discussion held on Wednesday AM, June 18, 2008 (109.2 MB)
  Agenda Item 10 – Special Reports (ISA 810) (Run time: 8.22 minutes)
  Agenda Item 13 – Experts (ISA 620) (Run time: 2 hours, 42.00 minutes)
  Agenda Item 5 – IAASB Strategy (Run time: 25.08 minutes)
  Agenda Item 9 – Materiality and Misstatements (ISA 350/450) (Run time: 30.20 minutes)
• Discussion held on Wednesday PM, June 18, 2008 (26.9 MB)
  Agenda Item 9 – Materiality and Misstatements (ISA 350/450) (Run time: 21.47 minutes)
  Agenda Item 13 – Experts (ISA 620) (Run time: 35.30 minutes)