New York, United States

March 10 - 14, 2008

Agenda

Timetable

• Timetable for Public - New York (84K)

Agenda Papers

Agenda Item 1 - Introduction and Opening Remarks

• Pages 555 to 556 - Agenda Item 1 - Introduction and Opening Remarks Cover Sheet (67K)
• Pages 557 to 586 - Agenda Item 1-A - Draft Minutes of Dec 2007 Public Session (132K)

Agenda Item 1-B - IAASB March Public Session Minutes

• 2008 03 New York Public Session - Approved (141K)

Agenda Item 2 - Related Parties

• Pages 1 to 12 - Agenda Item 2 - Related Parties Cover Sheet and Issues (113K)
• Pages 13 to 38 - Agenda Item 2-A - Proposed ISA 550 Markup from Washington DC (131K)
• Pages 39 to 64 - Agenda Item 2-B - Proposed ISA 550 Clean (104K)
• Pages 65 to 86 - Agenda Item 2-C - Comparison of First and Second EDs and Proposed Final (137K)

Agenda Item 3 - Prospectuses

• Pages 87 to 88 - Agenda Item 3 - Prospectuses Cover Sheet (74K)
• Pages 89 to 102 - Agenda Item 3-A - Prospectuses Project Proposal (64K)

Agenda Item 4 - Opening Balances

• Pages 103 to 104 - Agenda Item 4 - Opening Balances Cover Sheet (73K)
• Pages 105 to 116 - Agenda Item 4-A - Opening Balances Issues Paper (57K)
• Pages 117 to 126 - Agenda Item 4-B - Proposed ISA 510 Redrafted Mark-up (56K)
• Pages 127 to 136 - Agenda Item 4-C - Proposed ISA 510 Redrafted Clean (44K)

Agenda Item 5 - Laws and Regulations

• Revised Pages 137 to 138 - Agenda Item 5 - Laws and Regulations Cover Sheet (74K)
• Revised Pages 139 to 146 - Agenda Item 5-A - Laws and Regulations - Issues Paper (43K)
• Pages 147 to 160 - Agenda Item 5-B - Proposed ISA 250 Redrafted Mark-up (123K)
• Pages 161 to 172 - Agenda Item 5-C - Proposed ISA 250 Redrafted Clean (56K)

Agenda Item 6 - IAASB Strategy and Work Program

• Pages 173 to 174 - Agenda Item 6 - IAASB Strategy and Work Program Cover Sheet (77K)
• Pages 175 to 194 - Agenda Item 6-A - Strategy and Work Program 2009-2011 (135K)
• Pages 195 to 218 - Agenda Item 6-B - Summary of Significant Comments on Strategy (109K)

Agenda Item 7 - ISA 200

• Pages 219 to 224 - Agenda Item 7 - ISA 200 Cover Sheet (84K)
• Pages 225 to 238 - Agenda Item 7-A - ISA 200 Issues Paper (70K)
• Pages 239 to 264 - Agenda Item 7-B - Revised Draft of Proposed ISA 200 Rev and Redraft Clean (112K)
• Pages 265 to 296 - Agenda Item 7-C - Proposed ISA 200 Rev and Redraft Mark-up from ED (190K)

Agenda Item 8 - Audit Sampling

• Revised Pages 297 to 298 - Agenda Item 8 - Audit Sampling Cover Sheet (85K)
• Revised Pages 299 to 308 - Agenda Item 8-A - Audit Sampling Issues Paper (46K)
• Pages 309 to 326 - Agenda Item 8-B - Proposed ISA 530 Redrafted Mark-up (78K)
• Pages 327 to 342 - Agenda Item 8-C - Proposed ISA 530 Redrafted Clean (60K)

Agenda Item 9 - Audit Evidence (ISA 500)

• Pages 343 to 346 - Agenda Item 9 - ISA 500 Cover Sheet (90K)
• Pages 347 to 354 - Agenda Item 9-A - ISA 500 Issues Paper (52K)
• Pages 355 to 368 - Agenda Item 9-B - ISA 500 Mark up (85K)
• Pages 369 to 382 - Agenda Item 9-C - ISA 500 Clean (67K)

Agenda Item10 - Internal Audit (ISA 610)

• Pages 383 to 384 - Agenda Item 10 - Internal Audit Cover Sheet (74K)
• Pages 385 to 398 - Agenda Item 10-A - Internal Audit Issues Paper (68K)
• Pages 399 to 406 - Agenda Item 10-B - Proposed ISA 610 Redrafted Clean (39K)
• Pages 407 to 416 - Agenda Item 10-C - Proposed ISA 610 Redrafted Mark up (60K)

Agenda Item11 - Materiality and Misstatements

• Pages 417 to 418 - Agenda Item 11 - Materiality and Misstatements Cover Sheet (74K)
• Pages 419 to 432 - Agenda Item 11-A - Summary of Significant Comments ED-ISA 320 450 (64K)
• Pages 433 to 442 - Agenda Item 11-B - ISA 320 Revised and Redrafted (60K)
• Pages 443 to 456 - Agenda Item 11-C - ISA 450 Revised and Redrafted (84K)
• Pages 457 to 464 - Agenda Item 11-D - ISA 320 Revised and Redrafted - CLEAN (43K)
• Pages 465 to 474 - Agenda Item 11-E - ISA 450 Revised and Redrafted - CLEAN (52K)

Agenda Item12 - Going Concern ( ISA 570 Redrafted)

• Pages 475 to 476 - Agenda Item 12 - Proposed ISA 570 Redrafted Cover Sheet (86K)
• Pages 477 to 494 - Agenda Item 12-A - Summary of Significant Comments ED-ISA 570 (87K)
• Pages 495 to 514 - Agenda Item 12-B - Proposed ISA 570 Redrafted Mark-up (116K)
• Pages 515 to 530 - Agenda Item 12-C - Proposed ISA 570 Redrafted Clean (72K)

Agenda Item13 - Fair Value Audit Guidance

• Pages 531 to 534 - Agenda Item 13 - Fair Value Audit Guidance Cover Sheet (92K)
• Pages 535 to 552 - Agenda Item 13-A - FVTF - February 12 Agenda Material (97K)
• Pages 553 - 554 - Agenda Item 13-B - List of Participants - FV Meeting (15K)

Meeting Summary

March 2008 Meeting Highlights

• 2008 03 New York Public Session - Approved (96K)

Updated Agenda

• Updated Agenda Item 12-C - ISA 570 (Redrafted) (98K)
• Updated Agenda Item 2-B - ISA 550 (Revised and Redrafted) (154K)
• Updated Agenda Item 4-C - ISA 510 (Redrafted) (83K)
• Updated Agenda Item 5-C - ISA 250 (Redrafted) (189K)

Audio

• Discussion held on Friday AM, March 14, 2008 (87.5 MB)
  Agenda Item 11 – Materiality (ISA 320) (Run time: 55.38 minutes)
  Agenda Item 11 – Materiality (ISA 450) (Run time: 22.07 minutes)
  Agenda Item 4 – Opening Balance (Run time: 50.40 minutes)
  Agenda Item 5 – Laws and Regulations (Run time: 51.16 minutes
• Discussion held on Friday PM, March 14, 2008 (59.5 MB)
  Agenda Item 5 – Laws and Regulations (Run time: 50.16 minutes
  Agenda Item 12 – Going Concern (Run time: 38.07 minutes)
  Agenda Item 11 – Materiality (ISA 320) (Run time: 29.49 minutes)
  Closing Comments (Run time: 5.24 minutes)
• Discussion held on Monday AM, March 10, 2008 (80.5 MB)
  Agenda Item 1 – Introduction and Minutes (Run time: 21.00 minutes)
  Agenda Item 2 – Related Parties (Run time: 2 hours, 28.46 minutes)
• Discussion held on Monday PM, March 10, 2008 (132.2 MB)
  Agenda Item 2 – Related Parties (Run time: 47.29 minutes)
  Agenda Item 12 – Going Concern (Run time: 3 hours, 13.05 minutes)
  Agenda Item 5 – Laws and Regulations (Run time: 39.03 minutes)
• Discussion held on Thursday AM, March 13, 2008 (81 MB)
  Agenda Item 7 – Overall Objective of the Auditor (ISA 200) (Run time: 2 hours, 02.41 minutes)
  Agenda Item 9 – Audit Evidence (Run time: 46.00 minutes)
• Discussion held on Thursday PM, March 13, 2008 (116.7 MB)
  Agenda Item 9 – Audit Evidence (Run time: 11.10 minutes)
  Agenda Item 8 – Sampling (Run time: 1 hour, 02.30 minutes)
  Agenda Item 3 – Prospectuses (Run time: 1 hour, 20.08 minutes)
  Agenda Item 2 – Related Parties (Run time: 1 hour, 06.36 minutes)
  Agenda Item 13 – Fair Value (Run time: 16. 20 minutes)
• Discussion held on Tuesday AM, March 11, 2008 (83.5 MB)
  Agenda Item 5 – Laws and Regulations (Run time: 1 hour, 39.23 minutes)
  Agenda Item 11 – Materiality (ISA 320) (Run time: 1 hour, 16.39 minutes)
• Discussion held on Tuesday PM, March 11, 2008 (116.9 MB)
  Agenda Item 11 – Materiality (ISA 320) (Run time: 24.52 minutes)
  Agenda Item 11 – Materiality (ISA 450) (Run time: 48.06 minutes)
  Agenda Item 4 – Opening Balance (Run time: 1 hour, 53.19 minutes)
  Agenda Item 6 – IAASB Strategy (Run time: 59.39 minutes)
• Discussion held on Wednesday AM, March 12, 2008 (78.6 MB)
  Agenda Item 6 – IAASB Strategy (Run time: 1 hour, 58.43 minutes)
  Agenda Item 7 – Overall Objective of the Auditor (ISA 200) (Run time: 46.00 minutes)
• Discussion held on Wednesday PM, March 12, 2008 (92.4 MB)
  Agenda Item 7 – Overall Objective of the Auditor (ISA 200) (Run time: 1 hour, 28.56 minutes)
  Agenda Item 10 – Internal Audit (Run time: 1 hour, 31.00minutes)