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<br /> FOUNDATIONS FOR THE FUTURE<br /> 2011 IAASB ANNUAL REPORT<br /> 12<br /> The International Report of the<br /> Auditing and Chairman of the<br /> Assurance IAASB<br /> Standards Board<br /> (IAASB)<br /> 6 11<br /> Report of the IAASB Members,<br /> Technical Director Technical Advisors,<br /> of the IAASB Observers, and<br /> Technical Staff<br /> 12 15<br /> Communicating Report of the<br /> with Stakeholders Chairman of the<br /> IAASB Consultative<br /> Advisory Group<br /> 17 (CAG)<br /> IAASB CAG<br /> Member<br /> Organizations<br /> and Observers<br /> TABLE OF CONTENTS<br /> This electronic version of the<br /> IAASB 2011 Annual Report<br /> contains hyperlinks t<a title="Foundations for the Future - IAASB Annual Report 2011 page 1" href="http://viewer.zmags.com/publication/e1e49f2f?page=1"> FOUNDATIONS FOR THE FUTURE 2011 IAASB ANNUAL </a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 2" href="http://viewer.zmags.com/publication/e1e49f2f?page=2"> 12 The International Report of the </a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 3" href="http://viewer.zmags.com/publication/e1e49f2f?page=3"> 1 THE INTERNATIONAL AUDITING AND ASSURANCE STAN</a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 4" href="http://viewer.zmags.com/publication/e1e49f2f?page=4"> 2 REPORT OF THE CHAIRMAN OF THE IAASB PROF.</a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 5" href="http://viewer.zmags.com/publication/e1e49f2f?page=5"> 3 Enhancing Relevance and Reliability Neverthe</a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 6" href="http://viewer.zmags.com/publication/e1e49f2f?page=6"> 4 The IAASB’s 2011 exposure draft of an enhance</a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 7" href="http://viewer.zmags.com/publication/e1e49f2f?page=7"> 5 EVERY END MARKS A NE</a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 8" href="http://viewer.zmags.com/publication/e1e49f2f?page=8"> 6 REPORT OF THE TECHNICAL DIRECTOR OF THE IAAS</a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 9" href="http://viewer.zmags.com/publication/e1e49f2f?page=9"> 7 THE FOLLOWING TABLES DETAIL THE IAASB'S 2011 </a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 10" href="http://viewer.zmags.com/publication/e1e49f2f?page=10"> 8 The remainder of my report highlights aspects</a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 11" href="http://viewer.zmags.com/publication/e1e49f2f?page=11"> 9 A Note on Implementation of the ISAs The IA</a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 12" href="http://viewer.zmags.com/publication/e1e49f2f?page=12"> 10 We also continue to seek innovative ways to c</a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 13" href="http://viewer.zmags.com/publication/e1e49f2f?page=13"> 11 INTERNATIONAL AUDITING AND ASSURANCE STANDARD</a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 14" href="http://viewer.zmags.com/publication/e1e49f2f?page=14"> 12 COMMUNICATING WITH STAKEHOLDERS MEETINGS</a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 15" href="http://viewer.zmags.com/publication/e1e49f2f?page=15"> 13 COMMUNICATING WITH STAKEHOLDERS MEETINGS</a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 16" href="http://viewer.zmags.com/publication/e1e49f2f?page=16"> 14 COMMUNICATING WITH STAKEHOLDERS MEETINGS</a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 17" href="http://viewer.zmags.com/publication/e1e49f2f?page=17"> 15 REPORT OF THE CHAIRMAN OF THE IAASB CONSULTATI</a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 18" href="http://viewer.zmags.com/publication/e1e49f2f?page=18"> 16 CHANGE IS THE ONLY CONSTANT In 2011, it b</a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 19" href="http://viewer.zmags.com/publication/e1e49f2f?page=19"> 17 IAASB CAG MEMBER ORGANIZATIONS AND OBSERVERS </a> <a title="Foundations for the Future - IAASB Annual Report 2011 page 20" href="http://viewer.zmags.com/publication/e1e49f2f?page=20"> IAASB Contact Information IAASB Technical Direct</a>