Lecture 19 | CA Inter Audit Fastrack For May 2024 Exam | SA 500 and SA 505 |

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  • Опубліковано 25 сер 2024
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КОМЕНТАРІ • 79

  • @shailjasharma2000
    @shailjasharma2000 4 місяці тому +47

    Best teacher for audit ❤❤ first time ese teacher se pdh rhi hu jo audit ratt vate nhi smjhate h thanku so much sir 😅😅

  • @BADRINATHh
    @BADRINATHh 4 місяці тому +43

    00:15 Chapter 4 covers various important audit evidence assessments.
    05:22 SA 500 and SA 505 are important essays for CA Inter Audit.
    10:54 External confirmation process and types of confirmation letters.
    13:53 Confirmation procedures for outstanding balances
    18:47 Understanding the process of external confirmation procedures
    21:35 Refundable deposits and agreements must be confirmed
    25:53 External confirmation types: Positive and Negative
    28:03 Understanding positive and negative affirmations in replies
    32:56 Importance of providing requested information in audit process
    35:10 Importance of verification in confirmation requests
    39:38 Negative substantive audit procedure usage conditions
    42:09 Identifying exceptions and applying negative thinking
    46:41 Side agreements should be absent to minimize risk in the business
    48:48 Handling refusal to send confirmation letter
    53:46 Refusal by management to send confirmation request is a limitation on audit evidence.
    55:35 Importance of confirming information to mitigate fraud risk
    59:42 Factors influencing audit risk
    1:01:50 Understanding and importance of audit evidence
    1:06:40 Audit evidence is crucial for arriving at conclusions.
    1:09:02 Importance of audit evidence in accounting records
    1:14:31 Inconsistency in audit evidence leads to reliability doubts
    1:16:31 Understanding Reliability of Audit Evidence
    1:22:06 Understanding evidence relevance and reliability in audit
    1:24:16 Understanding the receipt of Rs 50 lakh from a party
    1:28:28 Importance of audit evidence based on materiality levels
    1:30:47 Understanding audit procedures and obtaining audit evidence.
    1:36:16 Observation and inspection are key audit procedures.
    1:38:43 Obtaining audit evidence through procedures and methods
    1:42:56 Importance of maintaining an audit trail
    1:45:00 Understanding audit trail and selecting items for testing
    1:49:18 Procedures to obtain audit evidence
    1:51:21 Auditor's evaluation of expert's work
    1:56:37 Understanding compliance with standards and regulations
    1:59:05 Auditor can use the work of management expert under specific conditions
    2:04:06 The lecture covers elements of Micro and Macro environment.
    2:06:23 Covering important topics in BC and value creation

  • @govtof1676
    @govtof1676 Місяць тому +17

    I dont have money to buy live classes but i want to assure you this lecture is enough me for passing the exam❤ thank you sir dua lagegi aapko hamare itna sb kiya aapne you are the best teacher of audit industry❤ love u sir

  • @vidyagholap177
    @vidyagholap177 4 місяці тому +10

    i am seeing your fast-track lecture..
    kisi bhi chij ko rattavane ke bina pura SA 505 dimag me full fitt krva diyaa aapne
    ...sir mene jis sir se regular lecture liye the unko aapke lectures ki bohot jarurat he....🙂🙂🙂taaki wo apna audit ratvane ka tarika bnd kr ske.

  • @muskanpandeyfca1971
    @muskanpandeyfca1971 5 місяців тому +15

    SA505 3:50
    SA 500 1:05:30-2:01:32
    THANKYOU SOO MUCH SIR FOR PROVIDING CONCEPTUAL AND QUALITY SESSIONS😇
    VERY AMAZING AND HELPUL SESSION REALLY ENJOYED🤩

  • @pikachu321go
    @pikachu321go 3 місяці тому +7

    If more than 1 like is allowed in yt..i have had liked it 100 times...best audit guru ❤️

  • @CARaghavGarg_11
    @CARaghavGarg_11 6 місяців тому +19

    SA505
    SA500: 01:02:10
    FURTHER STRATEGY 02:02:00

  • @vamamehta
    @vamamehta 4 місяці тому +5

    if i clear audit in this attempt it will only because of you sir... thankyou for giving me hope😊

  • @kaushikray7376
    @kaushikray7376 6 місяців тому +19

    3:50

  • @rajukumarsah9106
    @rajukumarsah9106 6 місяців тому +4

    SA - 505 6:15
    SA - 500 1:02:10

  • @winnersuryaa97
    @winnersuryaa97 4 місяці тому +2

    SA - 505 6:15
    SA - 500 1:05:50 Audit Trail - 1:39:49

  • @TheHarshadaPatil
    @TheHarshadaPatil 2 місяці тому +4

    Love you Sirrrrr🥰😍
    Usse bhi Jyada Thank you 😇😇

  • @samarthkadam712
    @samarthkadam712 6 місяців тому +7

    1:49:35 Management Expert

  • @abdullahh06
    @abdullahh06 6 місяців тому +4

    Audit Trail - 1:39:49

  • @pooja-cr1mx
    @pooja-cr1mx 3 місяці тому +2

    THANK YOU FOR PROVIDING SUCH A QUALITY SESSIONS SIR .. LOVE THE WAY YOU TEACH ..VERY CONCEPTUAL AND HELPFUL

  • @VikasKumar-zg9hd
    @VikasKumar-zg9hd 7 днів тому

    1:40 Audit Trail
    1:50 Management Expert

  • @vaishnavimali0927
    @vaishnavimali0927 5 місяців тому +6

    Amazing session sirji.....❤ #RJSIR❤💯 #alltimefav❤ #favsir❤💯
    U r the Best faculty I ever meet......❤❤

  • @TheAdityaGoswami
    @TheAdityaGoswami 8 днів тому

    1:00:21 Priorities
    1:48:56 Priorities

  • @Suraj-rd5we
    @Suraj-rd5we 3 місяці тому +2

    Superb session sir ....lot of thanks sir

  • @GurmeetSingh-mr3kw
    @GurmeetSingh-mr3kw 4 місяці тому +2

    In which lecture has sir explained assertion of SA 500 ??

  • @priyanshagupta5420
    @priyanshagupta5420 6 місяців тому +6

    Thank you so much sir❤

  • @yashica9196
    @yashica9196 6 місяців тому +4

    Great lecture🌟

  • @nirmitishah2986
    @nirmitishah2986 6 місяців тому +6

    Tysm sir ❤😊

  • @simpikumari3956
    @simpikumari3956 6 місяців тому +4

    Thankuuu sir❤️

  • @ajinkyaborgikar
    @ajinkyaborgikar 5 місяців тому

    1:39:46 - Audit Trail

  • @caaspirantsshrutijha118
    @caaspirantsshrutijha118 4 місяці тому +1

    Such a wonderful lecture ❤

  • @babitaaggarwal8457
    @babitaaggarwal8457 6 місяців тому +3

    Thank you sir

  • @chiragwadhwa4795
    @chiragwadhwa4795 16 днів тому

    2:08:00 How to revise SM chapter 5

  • @simrandudeja
    @simrandudeja 3 місяці тому

    45:34 side agreement

  • @nitishagarwal6205
    @nitishagarwal6205 6 місяців тому +1

    To kya avi bhi chance hai ki pronouncement se inter me question puche

  • @satyaprakash-dk3ke
    @satyaprakash-dk3ke 20 днів тому

    1:02:08 SA 500

  • @nehasingh812
    @nehasingh812 4 місяці тому

    57:35 imp 505

  • @ashishsharmakkk
    @ashishsharmakkk 12 днів тому

    very helpful

  • @prachikala7157
    @prachikala7157 Місяць тому

    SA 550 kaunse lecture pe h sir... I am preparing for sept first time

  • @jaykantpandav5175
    @jaykantpandav5175 6 місяців тому +1

    Thank you ❤

  • @MEET-no9sq
    @MEET-no9sq 5 місяців тому

    sir how to differentiate between management expert SA 500 and internal auditor SA 610 question

  • @SlonSharnagat
    @SlonSharnagat 3 місяці тому

    1:02:11 SA 500

  • @trishagupta9848
    @trishagupta9848 2 місяці тому

    SA 500 1:05:00

  • @aryanguptavlogs8017
    @aryanguptavlogs8017 3 місяці тому

    Best audit teacher

  • @kavita6136
    @kavita6136 4 місяці тому

    Sir please do videos in English sir, it may useful for South Indian students

  • @gouthamkarna5220
    @gouthamkarna5220 3 місяці тому

    Thank You so much much much sir

  • @MukeshKumar-hc6wj
    @MukeshKumar-hc6wj 4 місяці тому

    Thank you sirji❤❤❤

  • @heyiam20
    @heyiam20 4 місяці тому

    Sa 501 and 510 sir ne nhi karaya hai na?

  • @atharvabudake8222
    @atharvabudake8222 6 місяців тому +1

    Is SA 240 auditor's responsibility with respect to fraud deleted ?

  • @souravmodi4657
    @souravmodi4657 5 місяців тому

    SA 505 - 6:50

  • @tarunasingh6931
    @tarunasingh6931 5 місяців тому

    Thankyou very very much❤

  • @uttamsharma4292
    @uttamsharma4292 5 місяців тому +1

    SIR PLEASE PROVIDE SA 501 LECTURE

    • @uwu-tw7vh
      @uwu-tw7vh 5 місяців тому

      Did you get it?

  • @abhiinav04
    @abhiinav04 5 місяців тому

    Great sir.. 🔥

  • @simrandudeja
    @simrandudeja 3 місяці тому

    thankyousomuch sir

  • @uwu-tw7vh
    @uwu-tw7vh 5 місяців тому

    Does anyone know in which lec sa501 has been taught

  • @vikashbhardwaj2959
    @vikashbhardwaj2959 3 місяці тому +1

    Love from uganda

  • @urvishabhimani1011
    @urvishabhimani1011 6 місяців тому +2

    Sir Audit ke lectures kab tak complete ho jayenge?

  • @manasvimaheshwari4429
    @manasvimaheshwari4429 3 місяці тому

    Besttttttttttttttttttt❤

  • @sakshibhingude9760
    @sakshibhingude9760 4 місяці тому

    Is SA 450 not covered in fastrack?

  • @abhineetsrivastava0137
    @abhineetsrivastava0137 4 дні тому

    SIR FROM WHERE TO GET THESE NOTES PDF NOTES..

  • @Bhagya127
    @Bhagya127 6 місяців тому +2

    Has sir taught SA 320? Materiality concept??

    • @thakurbadal1547
      @thakurbadal1547 6 місяців тому

      No not that difficult

    • @Bhagya127
      @Bhagya127 6 місяців тому

      @@thakurbadal1547 so sir is not going to teach that?

    • @thakurbadal1547
      @thakurbadal1547 6 місяців тому +1

      @@Bhagya127 sir p depend krta h waise kra denge 🤗

    • @jaynagar01
      @jaynagar01 5 місяців тому +3

      He said in one lecture that he will give some imp questions related to this SA as such it is not that much important as SA 315 & 330 hold more importance in chapter 3 from exam point of view... ( According to sir )
      So he is not going to cover it in this fastrack

  • @ishikabhandari8606
    @ishikabhandari8606 4 місяці тому

    SA 550 or ye kha pr h please koi bta do yr

  • @anant_sureka
    @anant_sureka 6 місяців тому

    tysm,hare krishna

  • @sunilsontakke1274
    @sunilsontakke1274 4 місяці тому +1

    00:15 Chapter 4 covers various important audit evidence assessments.
    05:22 SA 500 and SA 505 are important essays for CA Inter Audit.
    10:54 External confirmation process and types of confirmation letters.
    13:53 Confirmation procedures for outstanding balances
    18:47 Understanding the process of external confirmation procedures
    21:35 Refundable deposits and agreements must be confirmed
    25:53 External confirmation types: Positive and Negative
    28:03 Understanding positive and negative affirmations in replies
    32:56 Importance of providing requested information in audit process
    35:10 Importance of verification in confirmation requests
    39:38 Negative substantive audit procedure usage conditions
    42:09 Identifying exceptions and applying negative thinking
    46:41 Side agreements should be absent to minimize risk in the business
    48:48 Handling refusal to send confirmation letter
    53:46 Refusal by management to send confirmation request is a limitation on audit evidence.
    55:35 Importance of confirming information to mitigate fraud risk
    59:42 Factors influencing audit risk
    1:01:50 Understanding and importance of audit evidence
    1:06:40 Audit evidence is crucial for arriving at conclusions.
    1:09:02 Importance of audit evidence in accounting records
    1:14:31 Inconsistency in audit evidence leads to reliability doubts
    1:16:31 Understanding Reliability of Audit Evidence
    1:22:06 Understanding evidence relevance and reliability in audit
    1:24:16 Understanding the receipt of Rs 50 lakh from a party
    1:28:28 Importance of audit evidence based on materiality levels
    1:30:47 Understanding audit procedures and obtaining audit evidence.
    1:36:16 Observation and inspection are key audit procedures.
    1:38:43 Obtaining audit evidence through procedures and methods
    1:42:56 Importance of maintaining an audit trail
    1:45:00 Understanding audit trail and selecting items for testing
    1:49:18 Procedures to obtain audit evidence
    1:51:21 Auditor's evaluation of expert's work
    1:56:37 Understanding compliance with standards and regulations
    1:59:05 Auditor can use the work of management expert under specific conditions
    2:04:06 The lecture covers elements of Micro and Macro environment.
    2:06:23 Covering important topics in BC and value creation
    2:10:33 Focus on recording lectures for Chapter two and five for exam preparation.
    2:12:25 Students will receive guidance in the last two live sessions on how to study technically for SM.
    Thank You 🙌🙌🙌🙌

  • @ashijain1755
    @ashijain1755 21 день тому

    Thank you soo much sir ❤