2020 lectures - Module 4 Topic 1 - Gathering evidence on internal controls

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[@inamullamohammad3243]

I am Inamulla from Sri Lanka
I enjoyed your full sessions, really good, thank you

[@amandalovestoaudit]

You are very welcome - thank you!

[@lolaritter7518]

In regards to the number 25, I remember from my stats unit, that in order to get a sample that follows the standard distribution you have to get a big enough sample size. When I asked how to figure that out, my stats tutor said just use greater than 25 as a test to see if the sample size is big enough.

[@amandalovestoaudit]

The myth of the number 25 😂😂😂

[@samanthashi552]

Thank you again. All the videos are very clear and understandable.

[@techtips9316]

Hi Amanda,
I am an Assistant Auiditor from Turkey.
ı love your method of teaching.
Thank you.

[@amandalovestoaudit]

Thank you!

[@muhammadumairmushtaq4365]

Thank you for the lecture . It was an amazing experience to learn from your lectures. Would it possible for you to share these workshop documents for some practical questions ?

[@nwenisoe9262]

🙏Thank you for your valuable lecture Dr. Amanda.

[@KevinRoberts-yk4dm]

In South Africa an interesting example of segregation of duties in terms of making payments is where one accountant loads payment, a second accountant enters a code from an electronic bank-tag, and the CFO then releases payment after the prior steps successfully verified.

[@pbanikk]

Thanks for the video! 🙏

[@duprleo1]

Great talk!!! - looking into RPA and OSCAL -NIST for the automation of control assessments -Thanks for all you do Flint MI

[@amandalovestoaudit]

A great suggestion Leon - thanks!

[@igorvorobjov]

Hello Amanda,
What connection is between evaluated risk of control at financial statement level and evaluated risk of control at assertions level? Is it possible to lower inherent risk at specific assertion by effective assertion level control procedure if company doesn't have systemic control procedures at financial statement level?
Lithuania, Europe

[@amandalovestoaudit]

Hi Igor - yes - while overall risk at the entity level may be moderate or high. But a specific transaction cycle might have excellent controls and therefore lower Risk of Material Misstatement and an adjusted strategy for that part of the audit.

[@hasinarafenoarisoa7063]

Excellent video! from Madagascar!
Could you make videos about diligence during stocktake and stocktake of textiles,please?

[@amandalovestoaudit]

Hi - I don't make too many videos on specific industry - you just need to apply the same principles around auditing inventory generally and the auditing standards.

[@TheJaebeomPark]

Thank you very much

[@amandalovestoaudit]

You’re welcome!

[@kandeepanthanapalar1127]

Thanks

[@somchaijinnovart8579]

Can I use your lectures in youtube for conducting our inhouse training?

[@amandalovestoaudit]

Sure as long as you play them from the YT link

[@ishfaqhussainshahnaqvi1750]

Love from.pakistan :-) Be Blessed :-)

[@amandalovestoaudit]

Thank you 🙏

[@blackamericanlesbianprofes4357]

Thank you again, Dr. Amanda. Excellent! Date Stamp: 06aug21

[@amandalovestoaudit]

You’re welcome ☺️

[@suryapraveen8917]

Thanks

[@amandalovestoaudit]

You’re welcome Surya!