We hold weekly conference calls, across 2 or 3 countries.  I do not transcribe the call verbatim, but record any decisions that have been made. Once I have wriitten the minutes/actions, I circulate round the team.  It is probably easier for me as I recognise the voices of the people who are speaking - however, if it is the same people you will also soon get to recognise them.  But I agree that the best thing to do is check with you boss.  

Good luck, it will get easier - I promise!

Ruth