Risk Assessment & Internal Control Revision | CA Inter Audit | CA Shubham Keswani (AIR 8)

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[@aaliyafatima2964]

sir, you won't believe I started revising this chapter today and was struggling since morning ! God sent you to my rescue today! Thankyou soo much sir

[@rashidahaidary8112]

SAME

[@garimavaidya5193]

Same here😂

[@harshavardhand8486]

same bhai

[@danesh9130]

00:02 Understand entity for risk assessment
02:00 Understanding business risks and factors affecting accounting policy changes.
06:01 Understanding the Entity is a Continuous Process
08:22 Inherent Risk and Control Risk are key components of risk assessment in auditing.
12:50 Roman mnemonic for non-routine transactions
14:47 Internal control ensures safeguarding of assets and compliance with laws and regulations.
18:32 Importance of ethical culture in control environment
20:15 TCW ji should have knowledge, independence, and respect.
23:57 Understanding control activities in risk assessment and internal controls
25:42 Significant risk means higher chances of material misstatement and fraud in complex transactions.
29:33 Understanding the benefits of evaluation of internal control
31:20 Internal control weaknesses can be identified through evaluation
34:49 Internal control gives a bird's eye view of transaction flow
Crafted by Merlin AI.

[@user-ct6gy1kb4p]

0:04 :Understanding entity & its Envir.
7:55 - Audit Risk
14:21 - IC ( Definition, Benefits, Limita.)
18:07 - Components of IC
28:07 - Controls relevant to audit
29:46 - benefits of evaluation IC
31:32 Methods of Evaluating Iac

[@aayushichaturvedi7887]

Thank you so much sir........
The best and easy way to revise.

[@smit_vaghasiya_2020]

Thanks for giving extraordinary explanation and revision

[@bandarisneha2029]

Thanks you very very much sir....since past 2 days struggling with the chapter......now it's so easy just bcoz of u.
Also please provide us for chptr 4 tooo sirrrrrr

[@user-yi7yf7kz9j]

Thank You So Much Sir.

[@nanakjain16]

Much awaited

[@Bat_Ball_and_Fun]

Thank you sir 🙏

[@jaykrishna7382]

Thank you so much

[@OreoCA123]

Sir please saare chapters ki jaldi se daal di jiye revision videos much needed!

[@VijaySingh-oy2eh]

thank you sir

[@samruddhihegde9033]

24:40 control activities

[@priyamishra3799]

sir theory aur practical subjects me past kitne attempts ke rtps aur mtps solve karne chahiye?

[@rashidahaidary8112]

Sir plz plz plz upload ch-5 Audit Procedures!! PS- thankyou so much for this revision lectures ❤

[@RupeshShaw003]

Karam hai tho dharam hai 😊

[@poojapoojary3427]

Thank you Sir for this revision lecture❤😊

[@Study-hx5wo]

22:29

[@nikitagarg22]

Bank audit pls

[@Devakumarch]

Is full chapter covered in this video

[@nitesh.u3987]

sir SQC 1 aur SA 220 330 ke liye ek video bana do help hogi

[@janganman142]

❤❤❤😊😊😊

[@viragkumarshah]

23:14 lapu topic😅

[@gallerio10]

7:00 continous
14:28 internal control