Auditor performs AP Obtains AE Derives audit conclusion Forms an audit opinion based on this audit conclusion Whether FS show T&F view, whether they are presented as per applicable FRF Materiality - anything which influences economic decision of users of FS Materiality is subjective Pervasiveness - affecting many things at a time
Auditor should rely upon 1)Evidence obtained externally i.e. from independent sources rather than obtained internally 2)Evidence in documentary form form than in oral form
Mam.. Plz explain internal audit & Audit evidence & also explain Audit conclusion & reporting separately Bcz sometimes its hard to listen whole lec of 1 or 2 hours
Clear explanation of the logic.
Explanation is owsm mam thanks a lot😊
This concept is very clearly explained by you mamm
Tq very much
It's my pleasure. All the best.
very helpful mam
Thank you mam sufficient and appropriate
Excellent presentation of Audit details. Hats off 🌽🌺🌺🌷🌷💐🌷🌷🌷🌹🌽🌷🌷💐🌷🌷🌷🌷🙏🙏🙏🙏🙏🙏🙏🙏🙏
Glad you liked it.
Sufficient and appropriate audit evidence
Thanks
Is Test audit is give final opinion? and is it valid in court ? kindly answer
Great one. thanks
Glad you liked it! You're welcome.
Interna evidence answer for question which u asked mam!!
Auditor performs AP
Obtains AE
Derives audit conclusion
Forms an audit opinion based on this audit conclusion
Whether FS show T&F view, whether they are presented as per applicable FRF
Materiality - anything which influences economic decision of users of FS
Materiality is subjective
Pervasiveness - affecting many things at a time
Auditor should rely upon
1)Evidence obtained externally i.e. from independent sources rather than obtained internally
2)Evidence in documentary form form than in oral form
Mam..
Plz explain internal audit & Audit evidence & also explain Audit conclusion & reporting separately
Bcz sometimes its hard to listen whole lec of 1 or 2 hours
Tnq miss
From Bangladesh
You are most welcome!
Nic video
Thanks Nilesh!
Mam plz something do for CMA exm pattern 🙏🙏🙏
Hi Anup, I have already uploaded a video on the same. Check it on SJC Institute's UA-cam Channel.
Auditors rely on sufficient appropriate evidence.
Everyone should take classes from her.
Evidence that is relevent for his audit.
Persuasive evidence.
Glad it was helpful!