1. Structure of the Code Phase 2
Don Thomson, Task Force Chair
IESBA Meeting
New York, USA
September 27, 2016

2. Structure of the Code Phase 2
Restructuring directly by the Structure Task Force
Section 800 (extant ) Reports Including Restrictions on Use and Distribution
Section 900 (extant 291) Independence - Other Assurance
IAASB conforming changes outside project’s remit
Overseeing restructuring by other task forces
Long Association, NOCLAR, Part C and Safeguards
Drafting guidelines help achieve consistency

3. Agenda Items 3-D, pages 1-2, and 3-E, pages 2-5
Section 800
800.2 Added compliance with the fundamental principles
R800.3 Positive statement, with (a) and (b) reordered
R Aligned language using “does/do not need to”
R800.9 Aligned language using "evaluate and address"
Conforming changes from Safeguards

4. Agenda Items 3-D, pages 2-3, and 3-E, pages 9-32
Part 4-B – Sections
Conforming changes from
Part 4-A
Safeguards
Conforming Amendments for IAASB’s ISAE (Revised) listed as a matter for future Board attention
Audits of “line items” – not specifically addressed in extant Code but records indicate agreement that Other Assurance Engagements include them – clarify?

5. Part 4-B – Other Significant Matters
Do IESBA Members wish to raise any other significant matters that have not already been discussed?