CA Inter Audit Chapter-7 Revision Marathon | ICAI Exam Oriented Revision May 2024 | Neeraj Arora

#icaiexams #neerajarora #edu91
🚀 Important Links for CA Inter May 2024 Students- bit.ly/3JSBqgX
At Intermediate Level, Auditing & Ethics is Paper-5 which is of 100 Marks.
As per the New Course Syllabus of ICAI, CA Inter Audit has been renamed as CA Inter Auditing & Ethics. Now, the CA New Course Syllabus has been divided into 11 Chapters. In this video, we will be revising Chapter-7 of CA Inter Audit which is Completion and Review.
Timstamps-
00:00 Introduction
00:34 SA 265 Revision starts
00:48 Auditor’s Responsibility
01:11 Deficiency in internal control
01:56 Significant deficiency
03:06 Examples of matters that the auditor may consider in determining whether a deficiency or combination of deficiencies in IC constitutes a significant deficiency
04:54 Indicators of significant deficiencies in IC
06:55 Identification of deficiencies in internal Control
07:14 Communication of significant deficiencies in IC
12:33 SA 580 Revision starts
13:12 Written representations as audit evidence
14:16 Objective of Auditor
15:55 From Whom
16:10 Form of Written Representations
17:38 Date of and Period(s) Covered by Written Representations
18:46 Issues with WR
24:09 Written representations about management’s responsibilities
28:36 WR about deficiencies in IC
28:56 Written representations about specific assertions
30:39 Other WR
34:33 SA 260 Revision starts
34:36 Scope and Objectives
35:42 Role of Communication
37:07 Communication
37:12 Matters to Be Communicated
40:06 Communication Process
41:46 SA 450 Revision starts
41:50 SA 450 Flow discussed
46:52 Objective
47:04 Definitions
47:27 Requirements
49:57 Documentation
50:24 SA 560 Revision starts
50:27 Basic and Meaning
51:37 Types of Subsequent Events
53:42 Objective
54:50 Audit Procedure Regarding Events Occurring between the Date of the Financial Statements and the Date of the Auditor’s Report
56:23 Meaning of “Date the financial statements are issued”
59:45 Facts Which Become Known To The Auditor After Date Of Auditor's Report But Before Date FS Are Issued
01:02:26 Facts Which Become Known to the Auditor After the Financial Statements have been Issued
01:05:49 SA 570 Revision starts
01:05:53 Basics
01:07:17 Responsibility for assessment of the entity’s ability to continue as a going concern
01:08:49 Responsibilities of the auditor
01:10:06 Meaning of Material Uncertainty
01:11:02 Examples of Events/conditions
01:14:12 Risk assessment procedures and related activities
01:18:23 Implications for the Auditor’s Report
******
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[@NeerajArora]

🚀 Important Links for CA Inter May 2024 Students- bit.ly/3JSBqgX

[@abhishekjha5023]

00:00 Introduction
00:34 SA 265 Revision starts
00:48 Auditor’s Responsibility
01:11 Deficiency in internal control
01:56 Significant deficiency
03:06 Examples of matters that the auditor may consider in determining whether a deficiency or combination of deficiencies in IC constitutes a significant deficiency
04:54 Indicators of significant deficiencies in IC
06:55 Identification of deficiencies in internal Control
07:14 Communication of significant deficiencies in IC
12:33 SA 580 Revision starts
13:12 Written representations as audit evidence
14:16 Objective of Auditor
15:55 From Whom
16:10 Form of Written Representations
17:38 Date of and Period(s) Covered by Written Representations
18:46 Issues with WR
24:09 Written representations about management’s responsibilities
28:36 WR about deficiencies in IC
28:56 Written representations about specific assertions
30:39 Other WR
34:33 SA 260 Revision starts
34:36 Scope and Objectives
35:42 Role of Communication
37:07 Communication
37:12 Matters to Be Communicated
40:06 Communication Process
41:46 SA 450 Revision starts
41:50 SA 450 Flow discussed
46:52 Objective
47:04 Definitions
47:27 Requirements
49:57 Documentation
50:24 SA 560 Revision starts
50:27 Basic and Meaning
51:37 Types of Subsequent Events
53:42 Objective
54:50 Audit Procedure Regarding Events Occurring between the Date of the Financial Statements and the Date of the Auditor’s Report
56:23 Meaning of “Date the financial statements are issued”
59:45 Facts Which Become Known To The Auditor After Date Of Auditor's Report But Before Date FS Are Issued
01:02:26 Facts Which Become Known to the Auditor After the Financial Statements have been Issued
01:05:49 SA 570 Revision starts
01:05:53 Basics
01:07:17 Responsibility for assessment of the entity’s ability to continue as a going concern
01:08:49 Responsibilities of the auditor
01:10:06 Meaning of Material Uncertainty
01:11:02 Examples of Events/conditions
01:14:12 Risk assessment procedures and related activities
01:18:23 Implications for the Auditor’s Report

[@pinal0102]

Thank you for help

[@aashmishahh]

I have been getting multiple attempts in ca inter, forever grateful for neeraj sir’s techniques to learn audit- finally now I’m a ca finalist

[@ksresearch]

At which attempt your first grp cleared?

[@payalchawada]

Neeraj sir aapke consistency ka koi javab nahe. Isse bada motivation kya ho sakta hai sir... Thank you so much ❤️

[@reshmachandran1342]

Thank you so much sir. God bless you

[@unconquered7]

Day 1 ch 7

[@akshay_jha]

Gurudev ki jaoo hooo🥳🥳🥳🥳

[@ineerajrao]

Dil se danywad sir ji❤

[@1kanikadua]

Sir SM revision series also plz 😢

[@ShinnosukeNohara-pf1yu]

Sir pls upload Ch- 3 and 4 pls....🙏🥺 Thnakyou for all your efforts.

[@shreyaghige]

thanku very much sirji🙏🙏🙏

[@aye_shaa04]

Thank you sir!

[@ullaspunekar1387]

Thank u sir ❤❤❤

[@nikk583]

Iss baar icai ko dekha denge sir kya cheez hai..🙏sir k rev lec is aatma ki santushti

[@mohitchand5495]

Sir ye jo charts app revision me use kr skte ho ye kaha se milenge ?

[@Manasi145]

Thank you sir

[@samruddhihegde9033]

1:04:20
1:05:12 broad FS issue
1:17:29 examples

[@abijithsudarsan9919]

The very best class on this chapter ❤️ Thank you so much sirrr😍❤️

[@kusumita2508]

Sir revision of Chp no 4 audit evidence plzz 🙏🙏

[@devanshu8994]

Sir audit of FS ka approach aur video upload kr dejiye

[@sanjanadhongadi6483]

Is correct incorrect Q there as per new syllabus?

[@Devansh_Chandra_08-vq5nl]

Sir please SM ka rivision available karva do 🥹❤😞

[@khushiwadhwani4589]

Sir please ch 3 revision 🥺🙏

[@div1704]

sir Risk assessment and internal control ka revision kara do

[@Anshu-user-zk4ot3vj4b]

Wow what a timing sir ji maine aaj iski revision kri thi nd this revision video help a lot to retain the concept for a long time ❤❤
Next ch 4

[@abhishekjha5023]

can u please tell me imp topics of this chapter it is next to impossible to remind that much content .......please help

[@jiyasukhija939]

@@abhishekjha5023 must do SA 450 570 580 and 560
rest 260 and 265 are easy

[@vivekgarg4169]

​@@jiyasukhija939bhai kuch bacha h iske alawa😂

[@jiyasukhija939]

@@vivekgarg4169 han 260 and 265 😂

[@CAstudent016]

Sir make playlist of it

[@raghavrathi65]

Sm ki revision de do please

[@raman_gupta]

chart notes kaha milegye?

[@mxshorts7502]

Sir SM bhi please ASAP😌😌

[@SwampyPanda3]

One of the best revisions😎so detailed, I used it as reference video when I got stuck somewhere. Just a little thing, I got confused with sequence at some parts. Lole😢 first chapter video had so much more than the book's chapter

[@chiragshah6371]

Chapter 3

[@mayanksinghal19]

Ye notes kaise milenge sir?

[@akshay_jha]

Next Chapter 5 & 9 sirrrr plsss

[@nidhiverma2924]

Sir ye notes kaise milenge

[@ullaspunekar1387]

Is there any update regarding correct incorrect questions removed from audit paper???

[@xxxtentacion00007]

most probably nhi aayenge mtp 2 ka wait krte hai usse clear ho jayega but there is no official announcement till date

[@nvrragatanmayikasibhotla]

🙏

[@the_aadijain3]

Hello sir, I am having inter May 2024 exam, I have registered for both the groups but now I want to give one group only, if I give papers for only one group then will my results be declared according to one group or both?

[@muskankunwar6640]

Only one group

[@user-un7rk8dk2i]

You'll be marked as absent in the other group, meaning you'll automatically fail in the other group.

[@kajalmandal5042]

Next chapter will be chapter 8 then 10 ,3,4

[@anushkashah13]

Ch3

[@ParthPatil-CA....]

SM dilvado 🥺

[@divasdangi3278]

Sa 450 43:27

[@AmanKumar-nz3yk]

Is this really a worthy video to watch pls tell ??

[@mansafali3452]

Absolutely it's worthy to watch

[@NeerajArora]

Next kyunse chapter ki revision video chaiye? Comment down.

[@rishabhchopda1576]

5

[@nikk583]

Sir please ch 5......saare upload krdo sir we will be highly grateful....sir kitni kaam aari aapki rev series u know... Thank you so much sir🙏

[@meghapatelvlogs]

Sare ch ki chaiye , sequence aap decide karlo🤭. Thankyou for your efforts sir .

[@chandrakalabaipatil8250]

Statergic nanagnrnt

[@kashishpuri6192]

Chapter 5

[@indiantraveller3576]

Icai ahankar me jalega ek din

[@sonu1998]

Tu apna dekh 😂