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.
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
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
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.
Thanks for giving extraordinary explanation and revision
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
SAME
Same here😂
same bhai
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
18:00 components of ic
28:10 controls relevant to audit
Thank you so much sir ❤
Definitely Sept'24 me audit me exemption score karengeee!!!
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
24:40 control activities
Sir I'm really scared. I want to do well. I hope I'm able to clear exams in this attempt.
same here bro
I just hope ki last time jaisa hi results ho
7:00 continous
14:28 internal control
You are best ❤❤❤
I m like bas 30 min me pura revison ❤
Are you doing the daily targets ?
Thank you sir 🙏
Thank you Sir for this revision lecture❤😊
Thank You So Much Sir.
Much awaited
Sir plz plz plz upload ch-5 Audit Procedures!! PS- thankyou so much for this revision lectures ❤
Full chap covered in this video?
Is full chapter covered in this video
sir SQC 1 aur SA 220 330 ke liye ek video bana do help hogi
sir theory aur practical subjects me past kitne attempts ke rtps aur mtps solve karne chahiye?
@@priyamishra3799 3 is always sufficient..
Sir please saare chapters ki jaldi se daal di jiye revision videos much needed!
Bank audit pls
RPTS mean?
Related Party Transactions
22:29
Thank you so much
Karam hai tho dharam hai 😊
thank you sir
27:00
thanks sir \
23:14 lapu topic😅
❤❤❤😊😊😊
ua-cam.com/video/1s7etT3cDMA/v-deo.html loved the session. so much learning with Fun as the BG reads. Highly appreciated
Thank you sir ❤❤
Thank you so much sir........
The best and easy way to revise.
Thank you so much sir❤
thank you sir
Thank you so much
18:48
15:45