Madrid, Spain

September 24 - 28, 2007

Agenda

Timetable

• Timetable for Public - Madrid (83K)

Agenda Papers

Agenda Item 1 - Introduction and Opening Remarks

• Pages 3037 to 3038 - Agenda Item 1 - Introduction and Opening Remarks Cover Sheet (75K)
• Pages 3039 to 3062 - Agenda Item 1-A - Draft Minutes of July 2007 Public Session (109K)

Agenda Item 2 - Written Representations (ISA 580)

• 2007 09 Madrid Public Session -Approved (129K)
• Pages 2473 to 2474 - Agenda Item 2 - Written Representations Cover Memo (77K)
• Pages 2475 to 2508 - Agenda Item 2-A - Summary of Significant Comments ED-ISA 580 (131K)
• Pages 2509 to 2512 - Agenda Item 2-B - Writ Reps - ISA 200 Conforming Amendments (35K)
• Pages 2513 to 2516 - Agenda Item 2-C - Writ Reps - ISA 210 Conforming Amendments (41K)
• Pages 2517 to 2536 - Agenda Item 2-D - Writ Reps - Proposed ISA 580 Rev and Red (122K)
• Pages 2537 to 2538 - Agenda Item 2-E - Writ Reps - Conforming Amendments to ISA 700 (22K)
• Pages 2539 to 2554 - Agenda Item 2-F - Writ Reps - Proposed ISA 580 Rev and Red - CLEAN (70K)

Agenda Item 3 - Draft Consultation Paper - IAASB Strategy

• Pages 2555 to 2556 - Agenda Item 3 - Draft Consultation Paper - IAASB Strategy Cover Memo (76K)
• Pages 2557 to 2582 - Agenda Item 3-A - Draft Consultation Paper - IAASB Strategy (95K)

Agenda Item 4 - Other Information (ISA 720)

• Pages 2583 to 2598 - Agenda Item 4 - Proposed ISA 720 Redrafted Cover Sheet (137K)
• Pages 2599 to 2606 - Agenda Item 4-A - Proposed ISA 720 Redrafted - Mark up from ED (107K)
• Pages 2607 to 2612 - Agenda Item 4-B - Proposed ISA 720 Redrafted Clean (91K)

Agenda Item 5 - Audit Documentation (ISA 230)

• Pages 2613 to 2614 - Agenda Item 5 - Audit Documentation Cover Sheet (84K)
• Pages 2615 to 2626 - Agenda Item 5-A - Audit Documentation Issues Paper (67K)
• Pages 2627 to 2640 - Agenda Item 5-B - Proposed ISA 230 Redrafted - Post-ED Cumulative Mark-up (81K)
• Pages 2641 to 2652 - Agenda Item 5-C - Proposed ISA 230 Redrafted - Post-ED Cumulative Clean (59K)

Agenda Item 6 - Accounting Estimates, Including Fair Values

• Pages 2653 to 2654 - Agenda Item 6 - Accounting Estimates, Including Fair Values Cover Sheet (76K)
• Pages 2655 to 2668 - Agenda Item 6-A - Issues Paper- Proposed ISA 540 Revised and Redrafted (69K)
• Pages 2669 to 2714 - Agenda Item 6-B -Proposed ISA 540 Revised and Redrafted - Markup from ED (232K)

Agenda Item 7 - External Confirmations

• Pages 2715 to 2720 - Agenda Item 7 - External Confirmations (Rev and Redraft) Cover Sheet (95K)
• Pages 2721 to 2732 - Agenda Item 7-A - Proposed ISA 505 Revised and Redrafted Clean (54K)
• Pages 2733 to 2746 - Agenda Item 7-B - Proposed ISA 505 (Rev and Red) Mark Up from July 2007 (80K)
• Pages 2747 to 2748 - Agenda Item 7-C - Proposed ISA 505 (Rev and Red) Conforming Amendments (19K)

Agenda Item 8 - Material Weaknesses

• 2007 09 IAASB Highlights (99K)
• Pages 2749 to 2756 - Agenda Item 8 - Material Weaknesses Cover Sheet (109K)
• Pages 2757 to 2764 - Agenda Item 8-A - Proposed ISA XXX - Communicating Reportable Deficiencies (48K)
• Pages 2765 to 2772 - Agenda Item 8-B - Material Weaknesses - Proposed Conforming Changes (52K)

Agenda Item 9 - Communication (ISA 260)

• Pages 2773 to 2776 - Agenda Item 9 - Communication Cover Sheet (95K)
• Pages 2777 to 2784 - Agenda Item 9-A - Communication - Issues Paper (50K)
• Pages 2785 to 2810 - Agenda Item 9-B - ISA 260 Revised and Redrafted Clean (219K)
• Pages 2811 to 2838 - Agenda Item 9-C - ISA 260 Revised and Redrafted Mark up (241K)

Agenda Item10 - Service Organizations (ISAE 3402)

• Pages 2839 to 2842 - Agenda Item 10 - ISAE 3402 Cover Sheet (92K)
• Pages 2843 to 2876 - Agenda Item 10-A - ISAE 3402 Draft (132K)
• Pages 2877 to 2884 - Agenda Item 10-B - ISAE 3402 - Issues Paper (42K)

Agenda Item11 - Experts (ISA 620)

• Pages 2885 to 2888 - Agenda Item 11 - Experts Cover Sheet (89K)
• Pages 2889 to 2906 - Agenda Item 11-A - Proposed ISA 620 Revised and Redrafted Clean (81K)
• Pages 2907 to 2926 - Agenda Item 11-B - Proposed ISA 620 Revised and Redrafted Mark-up (109K)

Agenda Item12 - Terms of Audit Engagements (ISA 210)

• Pages 2927 to 2930 - Agenda Item 12 - Proposed ISA 210 (Cover Sheet) (93K)
• Pages 2931 to 2948 - Agenda Item 12-A - Proposed ISA 210 (Redrafted) (Clean) (72K)
• Pages 2949 to 2968 - Agenda Item 12-B - Proposed ISA 210 (Redrafted) (Mark up) (84K)
• Pages 2969 to 2986 - Agenda Item 12-C - Proposed ISA 210 (Redrafted) (July mtg mark up) (78K)

Agenda Item13 - Service Organizations (ISA 402)

• Pages 2987 to 2990 - Agenda Item 13 - Proposed ISA 402 (Revised and Redrafted) (Cover Memo) (93K)
• Pages 2991 to 3014 - Agenda Item 13-A - Proposed ISA 402 (Revised and Redrafted) (Mark up from April Meeting) (115K)
• Pages 3015 to 3036 - Agenda Item 13-B - Proposed ISA 402 (Revised and Redrafted) (Clean) (93K)

Audio

• Discussion held on Friday morning, September 28, 2007 (112.2 MB)
  Agenda Item 5 - Documentation (Run time: 45.33 minutes)
  Agenda Item 9 - Communication (Run time: 42.59 minutes)
  Agenda Item 4 - Other Information (Run time: 17.50 minutes)
  Agenda Item 13 - Service Organizations (Run time: 40.20 minutes)
  Agenda Item 11 - Experts (Run time: 1 hour, 23.41 minutes)
  Closing Comments (Run time: 6 minutes)
• Discussion held on Monday afternoon, September 24, 2007 (97.9 MB)
  Agenda Item 7 - Confirmations (Run time: 1 hour, 11.00 minutes)
  Agenda Item 13 - Service Organizations (Run time: 2 hour, 25.16 minutes)
  (Due to recording malfunction, file missing beginning of the discussion Service Organization- approximately 25 minutes)
• Discussion held on Monday morning, September 24, 2007 (Recording 1) (836K)
  Agenda Item 1 - Introduction and Minutes (Run time: 1.34 minutes)
  (Due to recording malfunction, file missing Part of the opening remarks where the minutes from the previous meeting was approved by the Board - approximately 1 minute total)
• Discussion held on Monday morning, September 24, 2007 (Recording 2) (627K)
  Agenda Item 1 - Introduction and Minutes (Run time: 1.20 minutes)
• Discussion held on Monday morning, September 24, 2007 (Recording 3) (99.9 MB)
  Agenda Item 11 - Experts (Run time: 2 hours, 36.0)
  (Due to recording malfunction, file missing beginning of the discussion - approximately 10 minutes)
  Agenda Item 7 - Confirmations (Run time: 1 hour, 3.0 minutes)
• Discussion held on Thursday afternoon, September 27, 2007 (101.7 MB)
  Agenda Item 6 - Estimates (Run time: 33.03 minutes)
  Agenda Item 10 - Controls at Service Organization (Run time: 2 hour, 55. 08minutes)
• Discussion held on Thursday morning, September 27, 2007 (119.5 MB)
  Agenda Item 7 - Confirmations (Run time: 1 hour, 21.22 minutes)
  Agenda Item 6 - Estimates (Run time: 2 hours, 18.30 minutes)
  Agenda Item 7 - Confirmations (Run time: 30.10 minutes)
• Discussion held on Tuesday afternoon, September 25, 2007 (94.6 MB)
  Agenda Item 5 - Documentation (Run time: 30.00 minutes)
  Agenda Item 2 - Representations (Run time: 2 hour, 50.05 minutes)
• Discussion held on Tuesday morning, September 25, 2007 (51.1 MB)
  Agenda Item 4 - Other Information (Run time: 1 hour, 4.46 minutes)
  Agenda Item 9 - Communication (Run time: 50.00 minutes)
  (Due to recording malfunction, file missing beginning of the discussion Communication- approximately 25 minutes)
• Discussion held on Tuesday morning, September 25, 2007 (Recording 2) (32 MB)
  Agenda Item 5 - Documentation (Run time: 1 hour, 7.18 minutes)
  (Due to recording malfunction, file missing beginning of the discussion Documentation - approximately 10)
• Discussion held on Wednesday afternoon, September 26, 2007 (54.2 MB)
  Agenda Item 8 - Material Weakness (Run time: 46.30 minutes)
  Agenda Item 3 - Strategic Plan and Effective Dates (Run time: 1 hour, 6.19 minute)
• Discussion held on Wednesday morning, September 26, 2007 (114 MB)
  Agenda Item 2 - Representations (Run time: 1 hour, 24.05 minutes)
  Agenda Item 12 - Terms of Engagements (Run time: 1 hour, 1.03 minutes)
  Agenda Item 8 - Material Weakness (Run time: 1 hour, 46.25 minutes)