CA Inter Audit | Best Revision of Chap 5 | Audit Of Items Of Financial Statements | May & Nov 2024

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  • čas přidán 12. 06. 2024
  • BEST Revision of Audit .
    We have Revised all chaps in detail
    Best Way to Prepare & Complete Audit Like Never Before
    Link of Pdf - drive.google.com/file/d/1nbw8...
    These Lecture has been prepared with lot of efforts , request you to please share with all the students and take maximum benefit out of this.
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    #cainterauditchapter5 #auditrevision #auditrevisionmarathon #cainterauditrevision #revisionofcaintermediateaudit #revisionmarathonofaudit #caintermediateauditfasttrack #cainterauditbestrevision #caintermediateaudit #auditmarathon #cainterauditrevisionmarathon #icaiexamorientedrevisionaudit #auditmarathonrevision #cainterauditchapter5revisionmarathon #auditmarathon
    TIMESTAMP
    00:00 Audit Of Items Of Financial Statements
    22:42 Sales Measurment
    30:45 Purchases
    51:21 Disclousers For Other Expenses
    01:19:51 Trade Receivables--Existence
    01:27:39 WIP - Valuation
    01:39:53 Borrowings-Existence

Komentáře • 117

  • @MrugeshMadlani
    @MrugeshMadlani  Před 2 měsíci +2

    Join Our Telegram Channel for Free Updates , Revision Charts , Materials , Video Notifications , Motivation & Other Useful Materials
    t.me/mrugeshmadlani
    Link of Chap PDF
    drive.google.com/file/d/1nbw85EX0hBApvt9Snutxk4umP9a4ZrMV/view?usp=sharing

  • @AM-zu5lo
    @AM-zu5lo Před měsícem +7

    00:12 Chapter 5 covers the audit of items of financial statements.
    02:40 Understanding the framework and concept of audit
    06:43 Understanding Assertion and Representation by Management
    09:07 Key points about auditing items of financial statements
    13:48 The audit of items of financial statements requires checking the correctness and completeness of transactions.
    16:31 Audit procedure for checking sales completeness and authenticity
    20:24 Understanding the concept of free on board (FOB) and its implications in CIF.
    22:16 Understanding stock valuation and matching principles
    26:09 Recognition of dividends in financial statements
    28:02 Understanding the process of verifying and confirming FDs and interest with the bank.
    33:10 Vendor selection process and validation of purchases
    34:57 Importance of entries in audit process
    38:54 Audit of items of financial statements
    40:45 Understanding stock composition and turnover ratio
    44:55 Understanding Method of Depreciation and Fixed Assets Register
    46:50 Depreciation and amortization calculation
    50:55 Understanding Completion Measurement in Audit
    53:47 Auditing items of financial statements
    58:31 Understanding the concept of PPE in auditing
    1:00:26 Physical verification of plant, property, and equipment
    1:04:55 Depreciation and valuation of items of financial statements
    1:06:45 Checking ownership and approval of invoices for obligation
    1:11:32 Understanding Audit Procedures for Intangible Assets
    1:13:40 Verification of loan and advance completeness in audit process
    1:19:40 Audit procedures for confirmation and verification
    1:21:58 Importance of Surprise Cash Verification
    1:26:23 Audit of items of financial statements
    1:28:28 Understanding the valuation of overheads and inventories in working capital.
    1:32:29 Understanding the Share Capital & its Components
    1:34:35 Premium on securities can only be used for limited purposes
    1:38:50 Understanding Board of Directors resolutions and shareholder approval for dividends.
    1:41:05 Audit procedures for financial statement items
    1:45:20 Importance of CA qualification in career success
    1:47:19 Giving blessings is instant and free.

  • @rexsongodinho5623
    @rexsongodinho5623 Před 2 měsíci +7

    Mene socha tha ki ye chapter 20marks ka weightage hai toh bhot difficult hoga. Par apne toh easy peasy bana diya. thanks so much sir.

  • @mohammedzain786
    @mohammedzain786 Před 2 měsíci +7

    Sir apke jaisa koi freely baat nahi karta hai. Ap kitne ache ho sir. Thank for giving tips and i will make your name proud sir❤

  • @abhi774
    @abhi774 Před 2 měsíci +7

    Thank u so much sir 😊.,,,, Revision lecture best the koi substitute available nhi h unka...or regular batch to osm the hi ... Sir maine aapki classes sirf aapke confidence ki vjh se li Qki aap hr classe ke starting me bolte the best classes of FMSM nd AUDIT nation wide ... teaching nhi emotion BN gye the subject......Hume aapke confidence pr confidence tha ...or vo at the end prove bhi hua ..... Again thank u so much.... 🤗🤗

    • @MrugeshMadlani
      @MrugeshMadlani  Před 2 měsíci

      Thank you
      Now it's your time to pass bas 😊

    • @abhi774
      @abhi774 Před 2 měsíci

      @@MrugeshMadlani Jarur sir

  • @visshhh410
    @visshhh410 Před 2 měsíci +4

    11:35 technique me yhi fit ho Raha tha👍

  • @yashnarkar1182
    @yashnarkar1182 Před 28 dny

    sir can't thank you enough for what you've done ❤️ so happy thank you sir you did the best you could and made us win thank you for all the marathon and such level of clarity 💪🏻

  • @Archana-lm2nq
    @Archana-lm2nq Před 2 měsíci +5

    Thanku so much for the efforts ❤.
    I was so wrong when my friend suggested me your classes and I was like ' I never hurd about this teacher ' . , he also said" he is the best teacher who make you understand the concept and help you in learning the thing ."
    That time I wasn't listened to him , because there is one hype amoung students , ". teacher wahi acha hai jiska kaafi naam hai and followers hai uske , uska pdha dalla toh life main pakka rank aala. " .
    I was wrong yes I admit that , the day I started following your revision lecture, they are so good , I am preparing from here only . Thanks alot ❤
    And it hardly matter ki comment kab krna hai , thanks kab krna hai exam se phle ya baad , it all about you are putting your all efforts now .

    • @MrugeshMadlani
      @MrugeshMadlani  Před 2 měsíci +1

      Thanks a lot
      Do share with your friends too 😊

  • @melricrodrigues4739
    @melricrodrigues4739 Před 2 měsíci +5

    Energy + laughter + knowledge....great lecture

  • @nainishaaakoliya6723
    @nainishaaakoliya6723 Před 2 měsíci +1

    Ak dam kadakta bhadakta lecture .
    Energy level Osm
    love you sirji ☯️
    Thankyou 🌼

  • @ganeshbhagwat1854
    @ganeshbhagwat1854 Před 2 měsíci +3

    Watched all videos and gained confidence, and requesting sir for provide one combined video of these revisions so we can watch continuously with a flow

  • @user-zj4dd3ol1j
    @user-zj4dd3ol1j Před 2 měsíci +1

    Sir please provide mcq marathon on sm ,fm and audit .it will be very helpful sir ❤❤

  • @mpurushotham7849
    @mpurushotham7849 Před 2 měsíci +4

    You deserve millions of views ❤ but unfortunately here not have that much CA aspirants .otherwise You would cross Mr.Beast even 😊

  • @monikamaity3147
    @monikamaity3147 Před měsícem +1

    Thanks a lot sir, you are the best just...I don't have any words to describe your teaching style sir... Simply Love 😍❤😍

  • @ca.jenilshah
    @ca.jenilshah Před měsícem +1

    1:43:26 Your claim is correct…it is THE best❤️

  • @user-se8xt5iv9f
    @user-se8xt5iv9f Před 2 měsíci +3

    Sir can you please release revision videos for audit in English as well for South indians

  • @parvathavalliammulparvatha89
    @parvathavalliammulparvatha89 Před 2 měsíci +5

    Sir when will English classes will start?

  • @driveinks7805
    @driveinks7805 Před 2 měsíci +1

    الحب من دبي يا سيدي. هذه في الواقع أفضل المحاضرات التي رأيتها على مستوى البلاد.😍😍😍

    • @ashpokemon7708
      @ashpokemon7708 Před 2 měsíci +2

      Translation: Love from Dubai Sir. These are actually best lectures i have ever seen .
      This is the proof that students are watching from Dubai also. Great teaching sir.😍🥳

    • @MrugeshMadlani
      @MrugeshMadlani  Před 2 měsíci +1

      Thanks a lot
      Don't know what it means , but if u wrote , it is good 😊😊

  • @nagaakhil-pe1ho
    @nagaakhil-pe1ho Před měsícem

    Tysm sir for all these revision lectures salute to you that you completed and covered everything 😊😊

  • @_r.a.h.u.l_2001
    @_r.a.h.u.l_2001 Před 2 měsíci +3

    THANK YOU SO MUCH SIR 😇😇😇😇😇

  • @aryanjariwala900
    @aryanjariwala900 Před měsícem +1

    thank you so much sir!!

  • @hardikagrawal4589
    @hardikagrawal4589 Před měsícem

    1:31:10 Equities and liabilities

  • @user-lu5yg9hd7s
    @user-lu5yg9hd7s Před 29 dny +1

    Thank you so much sir you made rhe most tough chapter the easiest and fun learning

  • @BHAVYASHAH-ec4gq
    @BHAVYASHAH-ec4gq Před měsícem +1

    thanks a lot sir,great lectures

  • @Chinmay7979
    @Chinmay7979 Před měsícem +1

    Thanks sir for this masterclass👌🏻✌🏻🙌🏻😇

  • @dwarkadhish3012
    @dwarkadhish3012 Před měsícem +3

    Osm lecture🙏 sir maja avi gai 😊

  • @kanhaiyapurbey2023
    @kanhaiyapurbey2023 Před měsícem +1

    Jabardast revision tha sir 🙏

  • @LyricalsbyAllrounder
    @LyricalsbyAllrounder Před 2 měsíci +2

    Sir... Salam🫡🫡🫡🫡 Itna simple kaise bana diya 😢 sir completely watched 11 chapter for 11 days it really helps alot
    Thank you so much

  • @user-zj4dd3ol1j
    @user-zj4dd3ol1j Před 2 měsíci +1

    💕💕

  • @Nitinretoli
    @Nitinretoli Před měsícem +2

    Mja aa gya guru g❤❤❤

  • @priyankprabhudas136
    @priyankprabhudas136 Před měsícem +1

    👏👏

  • @bakash-et2xk
    @bakash-et2xk Před měsícem +1

    Thank you sir

  • @tamannashreegupta398
    @tamannashreegupta398 Před měsícem +1

    Best revision🎉🎉

  • @RadhikaSharma-nk2ho
    @RadhikaSharma-nk2ho Před 2 měsíci

    Sir yeh notes jo aap provide kar rahe ho, bas yeh refer karne se audit of items of financial statements ke ho jayega? Matlab notes exhaustive hai ek dum?

  • @JanviJoshi-nd3vb
    @JanviJoshi-nd3vb Před 29 dny +1

    Osm lecturresss, 💗

  • @goalca8935
    @goalca8935 Před měsícem

    schedule III (Part II)

  • @sthasneembanu
    @sthasneembanu Před 2 měsíci +4

    Thanks a lot for making the chapter easier & non skippable Sir

  • @-Aarthi-19
    @-Aarthi-19 Před měsícem +1

    Sir i am actually from telugu states even though i understood your teaching..thank you for such wonderful classes sir

  • @bc-104gyananjayadash4
    @bc-104gyananjayadash4 Před měsícem

    Seeing your lectures confidence aagaya hai i have only 13 days left including 2 days of adv acc preparation but i am taking only 10 days why but pata nhii kyon iss baar yeh 10 din lagga doonga then passs aarram se hojaunga

    • @MrugeshMadlani
      @MrugeshMadlani  Před měsícem

      Thanks a lot
      Do share with your friends too
      All the best for your exams

  • @jaichablani676
    @jaichablani676 Před měsícem

    ONE OF THE BEST REVISION LECTURE SIR 👍👍

  • @mansimarsingh8541
    @mansimarsingh8541 Před 2 měsíci

    18:48 😂😂😂

  • @chiragbhardwaj0403
    @chiragbhardwaj0403 Před měsícem +1

    OP

  • @ishapatwardhan5829
    @ishapatwardhan5829 Před 2 měsíci

    sir i have purchased magic book, but chp 5 [audit of items of FS] is not there. why so? what to do now?

    • @MrugeshMadlani
      @MrugeshMadlani  Před 2 měsíci

      It is self read chapter , but still notes of same are there in comment section of video of that chapter

  • @Just_Different_
    @Just_Different_ Před měsícem

    Sir please confirm whether presentation and disclosure requirements is scheduled 3 part 1, because in book it is written schedule 3 part 2 as per the latest module

  • @user-zx8qq4hq6k
    @user-zx8qq4hq6k Před měsícem +1

    thankyou sir 🤩is this enough for the upcoming exam what can we do more for this chapter?

    • @MrugeshMadlani
      @MrugeshMadlani  Před měsícem

      You can read entire module content twice after seeing these lecs , that should be sufficient

  • @theordinarywords
    @theordinarywords Před 29 dny

    53:23

  • @shubhammaheshwari9148
    @shubhammaheshwari9148 Před 2 měsíci

    yah pdf padhle aur module se na pade to chalega na sir ?

    • @MrugeshMadlani
      @MrugeshMadlani  Před 2 měsíci

      ICAI module is Bible for all , or else you can refer our book also , but book is must

  • @HussainAli-rz1mp
    @HussainAli-rz1mp Před 2 měsíci

    I was so worried about the chapter 5 and 9 but you made it so simple
    amazing session sir🤩

    • @MrugeshMadlani
      @MrugeshMadlani  Před 2 měsíci

      All chaps are simple sir
      Thanks a lot
      Do share with your friends too

    • @rishikesh.v8624
      @rishikesh.v8624 Před 2 měsíci

      @@MrugeshMadlani sir is there any chance tht u upload the reviison lectures in english atleast only for chap 5 sir. its a humble request on behalf of the south students sir

    • @MrugeshMadlani
      @MrugeshMadlani  Před 2 měsíci

      All chaps will be uploaded in English , told same in CZcams community post and telegram , guess you are not following these channel ​@@rishikesh.v8624

  • @mpurushotham7849
    @mpurushotham7849 Před 2 měsíci +1

    52:16 Mera GOD aap hy ❤❤

  • @mpurushotham7849
    @mpurushotham7849 Před měsícem +1

    sir u haven't uploaded ANALYTICAL PROCEDURES & AUDIT SAMPLING chapters ... Pls upload it fast ... Exams are too near 😢

    • @MrugeshMadlani
      @MrugeshMadlani  Před měsícem +1

      It is now part of chap 4 already uploaded long back , more than 5000 students have seen it also

    • @snehapatil4344
      @snehapatil4344 Před měsícem

      Already uploaded.

    • @mpurushotham7849
      @mpurushotham7849 Před měsícem +1

      ​@@snehapatil4344 📚👍🏻

  • @mohammedzain786
    @mohammedzain786 Před 2 měsíci

    Sir exam me ye language likhenge to marks milenge na

  • @mpurushotham7849
    @mpurushotham7849 Před 2 měsíci +3

    Remember me ... I'll come after results come

  • @Readytotravel1
    @Readytotravel1 Před měsícem +1

    avee tak ka best audit lecture

  • @EasyChessyIdeasBySakshi
    @EasyChessyIdeasBySakshi Před měsícem

    Sir please upload audit preparation vedio before exams for old syllabus please

    • @MrugeshMadlani
      @MrugeshMadlani  Před měsícem

      Now there is only 1 syllabus , no old and no new

    • @EasyChessyIdeasBySakshi
      @EasyChessyIdeasBySakshi Před měsícem

      @@MrugeshMadlani yes sir... But old have to give only 2 subject and have to start early to study audit thats why

  • @mohammedzain786
    @mohammedzain786 Před 2 měsíci +1

    Sir dar lag raha hai yaad karne me matlab itna yaad kaise karu kuch tip dona sir helpful rahe please sir bohot dar lag raha hai. Yaad karne baithta hu to kitna yaad karu ya kitna chodu please sir kuch tip
    Waiting for your reply sir.

    • @MrugeshMadlani
      @MrugeshMadlani  Před 2 měsíci +1

      If you see it 3 times till exams , automatic yaad ho jayega , all these is general , no one can remember exact , it is all just common understanding

  • @nagaakhil-pe1ho
    @nagaakhil-pe1ho Před měsícem

    Starts 2:28

  • @mohammedzain786
    @mohammedzain786 Před 2 měsíci

    Sir ye chapter pura learn karna hai kya

    • @MrugeshMadlani
      @MrugeshMadlani  Před 2 měsíci +1

      Not possible to learn , told same in lecture also , just understand the overall context & if you watch 3 times , automatic key points would be learnt

    • @mohammedzain786
      @mohammedzain786 Před 2 měsíci

      Love you sir big fan of yours from hyderabad

  • @kruthikatk7359
    @kruthikatk7359 Před 2 měsíci +3

    Sir please please upload English revision lectures

  • @tanvirkuperkar8660
    @tanvirkuperkar8660 Před měsícem

    Anyone fullform of fob and cif

    • @MrugeshMadlani
      @MrugeshMadlani  Před měsícem +1

      Free on Board & Cost Insurance Freight

    • @tanvirkuperkar8660
      @tanvirkuperkar8660 Před měsícem

      @@MrugeshMadlani thank you so much sir
      Audit easy lag raha he apke lectures dekhne k bad

    • @MrugeshMadlani
      @MrugeshMadlani  Před měsícem

      @@tanvirkuperkar8660 🙏

  • @hemantkaushik6636
    @hemantkaushik6636 Před 2 měsíci +19

    Abhi me koi comment nhi jaruva guru ji exam ka result aane k baad krta hu kyuki me kuch kuch jyada hi comment krne wala hu ......jai shree krishna