Controls testing - a full worked example

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  • Опубліковано 31 гру 2024

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  • @DionisiusBaryatdika
    @DionisiusBaryatdika 7 років тому +27

    I can say that I understand more about auditing by watching your videos than by attending my lectures. Please, make more auditing practices like this one. Thank you :D

    • @AbrasionUK
      @AbrasionUK 7 місяців тому

      I came here to say this. Watching someone actually do it is so much more helpful than reading textbooks describing the process.

  • @luthfiferizqi
    @luthfiferizqi 8 років тому +3

    Thank you Amanda for all your kindness in sharing the knowledge on auditing.

  • @chickyrosepaporo1336
    @chickyrosepaporo1336 2 роки тому

    I am delighted I found this video of yours. New subscriber here, Dr. Amanda from the Philippines

  • @aaronsingua9186
    @aaronsingua9186 5 років тому +1

    Please make more videos ma'am. Im learning a lot from your works. Im an auditor from the philippines and your videos helps and encourages me a lot. Thank you so much!

    • @amandalovestoaudit
      @amandalovestoaudit  5 років тому +1

      You’re welcome Aaron! I try and have new content every fortnight ☺️

  • @angelashaw34
    @angelashaw34 Рік тому

    Yes thanks for the video. I understand now, I was doing the same at previous jobs making sure everything matches up.

  • @HHEELLOOAALL
    @HHEELLOOAALL 8 років тому

    A lot of thanks from my side, i probably watch all your audit videos its really helpful.
    Appreciate your effort and knowledge Thanks Amanda and i do enjoy your lovely dog barking sound. Have a great Life

  • @chaitanyagokarn3293
    @chaitanyagokarn3293 3 роки тому

    Beautifully explained, Thank you. Subscribed just by watching this video.

  • @mariogonzalez3178
    @mariogonzalez3178 Рік тому

    Thanks for sharing your knowledge. Is it possible to get all the sheets you used as examples in this video?. Thanks again in advance.

  • @deeeeennne
    @deeeeennne 8 років тому

    Thank you for creating this video. It was very useful in reinforcing my knowledge on TOCs.

  • @thebuckholtz7965
    @thebuckholtz7965 7 років тому

    Thank you for your videos. Your mind mapping videos and full examples are exactly what I needed to put everything together for my exams.

  • @IntegrityandHonestyAtWork
    @IntegrityandHonestyAtWork 3 роки тому +1

    Please professor, would you do this same kind of practice with topics like accounts receivable, accounts payable etc. I mean this is already great, but I think it would be even the greatest if you can make it to where we can download an exercise like this and practice. I think being able to practice like this brings everything to life.

    • @amandalovestoaudit
      @amandalovestoaudit  3 роки тому +1

      Thanks for the suggestion - at this point in time I don't have any cases I can distribute but maybe one day in the future when I have more time (which at this stage might be when I retire 😂😂)

  • @urza2005
    @urza2005 7 років тому

    this example is awesome! Thanks Amanda~

  • @srees1938
    @srees1938 6 років тому

    Why checking quantity at each stage does not come under test of controls?

  • @muhammadfarhan1278
    @muhammadfarhan1278 Рік тому

    DIA 6 (unisza) love amanda

  • @AB-nv8tj
    @AB-nv8tj 4 роки тому

    Hi, Thank u for ur immense help. My understanding is The ur Audit programs shit lists all the procedures at the left. But they read more like instruction. I mean they lack the classic attributes of audit procedure (nature, timing & extent). Could you please tell why they are so brief.

    • @amandalovestoaudit
      @amandalovestoaudit  4 роки тому +1

      Hi A B - these are oversimplified examples for students to learn the basics of how to test, rather than as a design exercise.
      If you’re after detailed descriptions of procedures - you are better off looking at the current series I am making about designing specific procedures.

  • @vishwamithran8853
    @vishwamithran8853 4 роки тому +1

    thank u maam make more vedios i love ur lecturing

  • @mayhuang6996
    @mayhuang6996 6 років тому +1

    Hi Amanda,
    I was trying to find the video that you mentioned about the same case but the substantive testing but I couldnt find it in your youtube channel. If its still there can you provide me with the link? Thanks!

    • @amandalovestoaudit
      @amandalovestoaudit  6 років тому

      Hi! I think it is this one - ua-cam.com/video/PhAu3HdpkjI/v-deo.html

    • @mayhuang6996
      @mayhuang6996 6 років тому

      @@amandalovestoaudit Yes! its "hidden" in youtube so only people with the link can find it. Thanks Amanda!

  • @bhesaniyaprateek6039
    @bhesaniyaprateek6039 6 років тому

    Can you please provide link ofbPDF of formates explained herein example

  • @lalchan09
    @lalchan09 5 років тому +1

    Got to Subscribed that's all I gotta say! Thank you!

  • @danishaiman2826
    @danishaiman2826 Рік тому

    I LOVE AMANDAAA ❤❤, i reallyy want to meet you irl

  • @douglaskhofi1912
    @douglaskhofi1912 3 роки тому

    This is superb

  • @assetfacilitator
    @assetfacilitator 5 років тому +1

    Fantastic very helpful

  • @prossylongino
    @prossylongino 8 років тому

    Thank you. This is very informative.

  • @mairah5802
    @mairah5802 4 роки тому

    Hi Dr.. may i ask a question? If my control risk is higher, and it bring to DC is low, so I must find the more risk in test of control right? 😂 So.. at the last, my conclusion/opinion is material misstatement. That's all? Haha..

    • @mairah5802
      @mairah5802 4 роки тому

      And i must do some substantive testing right?.. to backup me from to sue🤯😂🤔

    • @amandalovestoaudit
      @amandalovestoaudit  4 роки тому

      Hi - if control risk is higher - you don’t need to do more tests of controls - switch to substantive testing.

    • @yasheenmothiram4636
      @yasheenmothiram4636 3 роки тому

      Thanks for the insight

  • @gisilowati1
    @gisilowati1 6 років тому +1

    Amanda, Would you like send example of TOCs for me?

    • @amandalovestoaudit
      @amandalovestoaudit  6 років тому

      Hi - I don’t supply material on request 😊
      You can check out my play list for full lectures - in the video that covers testing internal controls I have some examples.

  • @soneelchoraria1954
    @soneelchoraria1954 3 роки тому

    Do you have checklists. Can you please share

  • @JJ-ct4eu
    @JJ-ct4eu 4 роки тому +2

    jesus imagine doing this for a career