Motion to Move to Executive Session

Public Session

• Review and Approval of Minutes of April 25, 2012 Board Meeting
• PCAOB Update
  • Release No. 2012-003, dated August 1, 2012 -- Information for Audit Committees about the PCAOB Inspection Process
  • Auditing Standard No. 16, Communications with Audit Committees
• AICPA Update
  • Exposure Draft dated June 29, 2012 -- Omnibus Proposal, AICPA Professional Ethics Executive Committee (PEEC), Proposed Revised and New Interpretations and Deletion of Ethics Rulings, Proposed Revised Interpretation No. 101.3 Under Rule 101
  • Exposure Draft dated June 29, 2012 -- Omnibus Proposal, AICPA PEEC, Proposed Statements on Standards for Accounting and Review Services; Association with Unaudited Financial Statements; Compilation of Financial Statements; Compilation of Financial Statements -- Special Consideration
• The Pathways Commission Report Update
• Financial Accounting Foundation -- Private Company Council Update
• NASBA Regional Meeting Update
• Exam Information
• NASBA Focus Questions
• New Business