CA Inter Audit Chapter-1 Revision Marathon | ICAI Exam Oriented Revision May 2024 | Neeraj Arora

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  • čas přidán 15. 05. 2024
  • #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-1 of CA Inter Audit which is Nature, Objective and Scope of Audit.
    This Chapter discusses the basics of audit such as Origin, Nature, Scope, Objectives, limitations etc. of audit. Meaning & Types of Assurance Engagements.
    00:00 Introduction
    00:49 General Discussion
    04:27 Meaning of Audit and analysis of Definition
    06:07 Objectives of Auditor
    07:36 Meaning of Reasonable assurance
    07:45 Meaning and Elements of Assurance engagement
    12:50 Meaning of Misstatement
    14:06 Types of Opinion and Meaning of Pervasive
    17:32 Meaning of TCWG and Mgt
    17:50 Preconditions for an Audit
    19:54 Meaning of Internal Control
    24:44 Some other Basic Concepts (Meaning of Test checking, Judgment)
    26:45 Framework to conduct audit
    29:32 Meaning of Risk assessment and RAP
    31:48 Further Audit Procedures
    34:55 Assertion concept and questions discussed on assertions
    47:35 Meaning of Audit Risk
    51:19 Meaning of Audit Evidence
    52:28 Inherent Limitations of Audit
    57:26 Audit Procedures
    01:01:32 Quality Control and Engagement Standards
    01:18:07 Scope of Audit
    01:20:30 Qualities of Auditor
    01:22:02 Person conducting an audit should take care to ensure that financial statements would not mislead anybody
    01:23:21 Benefits of Auditing
    01:24:36 Audit Mandatory or Voluntary
    01:25:13 Interdisciplinary Nature of Auditing relationship with Diverse Subjects
    01:26:05 Other small topics (Who Appoints an Auditor?, To Whom Report is submitted by an Auditor?
    01:26:27 Meaning of True and Fair
    01:30:16 Live MCQs
    ***********
    Related Topics: audit marathon, audit revision 2024, audit marathon inter, audit marathon 2024, audit marathon neeraj arora, audit marathon for exams, icai audit marathon, icai audit revision, audit revision, auditing standards latest, audit marathon in hindi, audit revision hindi, icai audit hindi, ca inter audit revision May 2024, audit class neeraj arora, ca inter audit marathon, ca inter audit 2024, ca inter may 2024 exams, ca inter audit new course revision.

Komentáře • 239

  • @NeerajArora
    @NeerajArora  Před 5 dny +2

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

    • @preetiwalia198
      @preetiwalia198 Před 4 dny

      Hello sir. Book, QB and Charts available karwa dijiye na please 🥺

  • @rojasahu4678
    @rojasahu4678 Před měsícem +60

    00:00 Introduction
    00:49 General Discussion
    04:27 Meaning of Audit and analysis of Definition
    06:07 Objectives of Auditor
    07:36 Meaning of Reasonable assurance
    07:45 Meaning and Elements of Assurance engagement
    12:50 Meaning of Misstatement
    14:06 Types of Opinion and Meaning of Pervasive
    17:32 Meaning of TCWG and Mgt
    17:50 Preconditions for an Audit
    19:54 Meaning of Internal Control
    24:44 Some other Basic Concepts (Meaning of Test checking, Judgment)
    26:45 Framework to conduct audit
    29:32 Meaning of Risk assessment and RAP
    31:48 Further Audit Procedures
    34:55 Assertion concept and questions discussed on assertions
    47:35 Meaning of Audit Risk
    51:19 Meaning of Audit Evidence
    52:28 Inherent Limitations of Audit
    57:26 Audit Procedures
    01:01:32 Quality Control and Engagement Standards
    01:18:07 Scope of Audit
    01:20:30 Qualities of Auditor
    01:22:02 Person conducting an audit should take care to ensure that financial statements would not mislead anybody

    • @gigachad3218
      @gigachad3218 Před měsícem +1

      Yeh video wale notes kahan milenge?

  • @s.a225
    @s.a225 Před měsícem +11

    Bs master ji ese hi jaldi jaldi revision videos upload kariye
    Exam ki taiyari yudh star par ki jaa rahi hai
    Thank you sir for your strong support ❤

  • @vinodsaraf6725
    @vinodsaraf6725 Před měsícem +14

    Sir you are really GOAT for audit........
    Classes lo kahi s paas hoge yhi se❤

  • @harshitjindal7523
    @harshitjindal7523 Před měsícem +12

    Audit ke sbhi chapters ka hae intezar🎉🙌🏻

  • @kirtisingh939
    @kirtisingh939 Před měsícem +6

    Most awaited series..dhanyavaad Sirjiiiii ❤❤❤

  • @user-fm3cb3iu2y
    @user-fm3cb3iu2y Před 5 dny +6

    Concepts done of ch1. 8:57pm

  • @pujabiswas6403
    @pujabiswas6403 Před měsícem +4

    Was eagerly waiting for this❤❤❤ thanks sir

  • @ayushnayak5516
    @ayushnayak5516 Před měsícem +2

    Thank you a lot sir. Aced the tax exam in Nov 23 attempt with your classes and revision videos. The regular classes gave me a strong understanding and these revision lectures further enhance my clarity on these topics.... Gonna mark my attendance here after clearing Audit and SM this attempt

  • @sanchit_sharma1082
    @sanchit_sharma1082 Před měsícem +4

    Completed whole video...maza aa gya sirr...

  • @ishukumar3059
    @ishukumar3059 Před měsícem +4

    Thankyou so much sir ❤

  • @Vidu_03
    @Vidu_03 Před měsícem +5

    Sir I'm appearing for CA final group 1 in May 24 and since the time results were announced, it has created an unusual panic in my head. I live in a different city away from my family and yesterday I was a little excited to visit my hometown in Holi because I was about to meet them after 5 months! But after yesterday, I have said a big NO to my family which has been difficult for all of us.
    Also coming to the subject part, I've still not been able to touch FR. It's completely pending which is again a red alert. I'm done with AFM and 70% of audit but still one whole subject is pending. Just not able to revive the strategy.

  • @kishanveshnav3438
    @kishanveshnav3438 Před měsícem +4

    53:32 ek guruji se chart book li unhone ILA me 5th point Future events ka add hi nhi kiya
    Aur jha ICAI ne audit relationship with other subjects ko Cut short kiya unhone chart me aur detail me kiya
    In short chart book ka sirf cover page badla baki old SM wala hi content dala

  • @cb97Bang-ww8xb
    @cb97Bang-ww8xb Před měsícem +4

    Thank you Sir !! 🙏

  • @aye_shaa04
    @aye_shaa04 Před měsícem +3

    Waiting for revision of other chapters as well 💯

  • @komaljha2725
    @komaljha2725 Před měsícem

    Was waiting for this revision video, Sir its a request please provide revision videos for other chapters too. Thank you.

  • @bhavishyagoyal7882
    @bhavishyagoyal7882 Před měsícem +2

    Bahut bahut shukriya sir ji ❤

  • @nikitasharma7209
    @nikitasharma7209 Před měsícem +2

    thnku so much sir 🥰...remaning chpaters ki bi app vali revision video compile Krka upload kroge sir ?

  • @Anshu-user-zk4ot3vj4b
    @Anshu-user-zk4ot3vj4b Před měsícem +2

    Sir Revision lecture for all chapter if possible🙏🙏 nd Thank u so much for Daily writing practice, this is very to helpful ❤❤

  • @swastirana3235
    @swastirana3235 Před měsícem +2

    Thankyou sir❤️

  • @vishalgoel62
    @vishalgoel62 Před měsícem +1

    Finally 🙇🏻‍♂️

  • @surabhishinde978
    @surabhishinde978 Před měsícem +1

    Thank you so much sir it helps alot😊😊

  • @mxshorts7502
    @mxshorts7502 Před měsícem +2

    Love you master jii ❤😁

  • @harshgupta8906
    @harshgupta8906 Před měsícem +5

    Sir resources ka link??????
    Thanks a lot for free revision videos

  • @nishagehlot9830
    @nishagehlot9830 Před měsícem +3

    Sir ji thank you for this series ❤️
    Sir es lec ke pdf kaha mile gye aur resources ka link????
    Anyone knows???

  • @ankitjha5546
    @ankitjha5546 Před měsícem

    Waah kya samjhaya hai charts ke help se Assurance Engagement ka meaning- 8:35 ✌️✌️

  • @ridhamjain719
    @ridhamjain719 Před měsícem +2

    Very very thank you master ji

  • @khushipandey4076
    @khushipandey4076 Před měsícem +1

    Thankyou so much Sir

  • @arunjoshi3200
    @arunjoshi3200 Před 5 dny +2

    00:04 Key topics discussed in Chapter 1 revision of CA Inter Audit
    01:57 Neeraj Arora emphasizes the importance of studying and revising using various resources.
    05:38 Understanding historical financial information and structured statements
    07:29 Overview of Reasonable Assurance and Engagement
    11:51 Understanding the concept of Assurance in Audit
    13:49 Material misstatement's impact on audit opinions
    17:36 Responsibility of Management in Audit
    19:15 Key things for auditor interaction and audit evidence
    22:44 Importance of Auditor's Understanding of Internal Controls
    24:37 Professional judgment is essential for proper audit conduct.
    27:54 Control, substantive procedure, and testing explained
    29:36 Importance of Risk Assessment in Audit
    32:57 Understanding Audit Procedures
    34:32 Importance of proper IC testing for audit preparation
    37:41 Proper allocation of overhead and expenses
    39:25 Understanding Assertions in Audit
    42:44 Understanding explicit and implicit implications in audit management
    44:27 Revision of key audit concepts and suggestions for exam preparation
    47:26 Understanding the audit risk and its components.
    49:38 Audit risk cannot be zero
    53:03 Intrinsic Limitations in Audit
    54:39 Importance of maintaining relevance and reliability of information in audit
    58:13 Understanding the relationship between financial and non-financial data
    59:57 Independent execution by the auditor
    1:03:31 Introduction to SQC One and Audit related services
    1:05:26 Concept of SQC One and quality control systems
    1:09:27 Difference between reasonable and lower/moderate assurance in audit
    1:11:09 Understanding Prospective Financial Information (PFI)
    1:14:39 Limited Assurance Engagement and Review
    1:16:18 Engagement Standards in Audit Procedures
    1:19:36 Importance of critical examination in audit scope
    1:21:12 Auditor must possess integrity and expertise in accounting principles
    1:25:01 Importance of knowledge in audit field
    1:26:45 Importance of fair reporting framework
    1:31:15 Understanding the important aspects of audit and financial statements
    1:34:56 Audited financial statements are crucial
    Crafted by Merlin AI.

  • @karansanwal14
    @karansanwal14 Před měsícem +1

    28Th March . Revision started.
    Chapter 1 revised🚀

  • @Hie20000
    @Hie20000 Před měsícem +1

    Hello sir will you be posting videos for all the remaining chapters individually? If yes, then will you post everyday each chpt?

  • @lokeshdugar1214
    @lokeshdugar1214 Před měsícem +2

    Waiting for sm revision ❤

  • @komalbochiwal5144
    @komalbochiwal5144 Před měsícem +2

    Hello Sir,
    First of all thankyou so much sir the revision videos you are providing.
    I have taken classes from you earlier but due to some personal reasons i was unable to crack the previous attempt but in one of the lecture you said ki aap apne fail hue bachhon ka sath nahi chhodte.
    So these revision videos are helping alot to old students who cannot afford to take classes for every attempt. Once again thankyou so much sir.

  • @rohitmittal8186
    @rohitmittal8186 Před měsícem

    sir i request you !!! please provide your notes also ...it will really help us to summarised the icai study mat 🙏🙏🙏

  • @aadityavohra1518
    @aadityavohra1518 Před měsícem

    sir vo links kahan hai jo aap mention kar rhe the to access the free resources and revision playlist

  • @sarahjamil8668
    @sarahjamil8668 Před měsícem +26

    SM chapter wise revision ka bhi hai intezaar 🙌

    • @satwikagrawal23
      @satwikagrawal23 Před měsícem +1

      YES SIR SM CHAPTER WISE DETAILED REVISION NEEDED

    • @gigachad3218
      @gigachad3218 Před měsícem +1

      Yeh video wale notes kahan milenge?

  • @shreshthapanwar5358
    @shreshthapanwar5358 Před měsícem +1

    sir next chapter kab upload kroge? (please upload on daily basis)

  • @priyanshparikh3660
    @priyanshparikh3660 Před měsícem

    Sir if this time correct incorrect questions are removed from paper then why are they given in study material and should we prepare for them ???

  • @khushipatwari679
    @khushipatwari679 Před měsícem +1

    Thank u sir.

  • @divyalodha2922
    @divyalodha2922 Před měsícem

    Hello sir
    Your revision video is very helpful but can you use more of english language and say full sentence so that it get stuck in our mind while listening to you and would be helpful while writing..

  • @yourwellwisher582
    @yourwellwisher582 Před měsícem +5

    Sir baal toh hai nahi aap hmesha kangi (comb) kyu rkhte ho apne paas? 😅 Sorry!

  • @prathmeshkhadap4700
    @prathmeshkhadap4700 Před měsícem +12

    We needed this kind of session sir, sincere gratitude for conducting such sessions 🙌🏻🙌🏻 .....

  • @user-wt8pc8gx4g
    @user-wt8pc8gx4g Před měsícem

    Sir ji chapter padhne ke baad uske question bank ke questions ko kaise approach kare bata dijiye plss...matlab kitne likhke dekhe aur kitne padh ke aage badh jaye

  • @jayadevasm1909
    @jayadevasm1909 Před 22 hodinami

    Thank you soo much sir for your efforts... This revision lecture really helped me do well in the exams 🙏

  • @RAOL001
    @RAOL001 Před měsícem +2

    SIR WE WIL ALSO GET REVISION NOTES FOR AUDIT OR NOT,
    PLEASE REPLY

  • @deepikasoni5105
    @deepikasoni5105 Před měsícem +3

    Sir plz upload SM revision lectures

  • @mr_baghel01
    @mr_baghel01 Před 29 dny

    Thanks sir for this revision.

  • @rakshitharakshu4422
    @rakshitharakshu4422 Před měsícem +6

    Today i searched for your revisions classes
    Thank you sir🙏

  • @DhruvCA_GAMER
    @DhruvCA_GAMER Před měsícem +1

    Thank u sir

  • @khushipandey4076
    @khushipandey4076 Před měsícem +2

    Sir SM revision video bhi upload kr dijiye plzz

  • @surbhimalpani3266
    @surbhimalpani3266 Před měsícem

    Sir from where can we get your latest audit book link?

  • @bhawanishankarsaini4618
    @bhawanishankarsaini4618 Před 4 dny +2

    day 0 revising ch 1

  • @vishakhagoenka2511
    @vishakhagoenka2511 Před měsícem

    sir estimated kitne lectures ho jaige ? or kab tk complete krva doge ?

  • @sonalvyas1593
    @sonalvyas1593 Před dnem

    Could you please upload the videos for acca aa subject marathon or revision videos

  • @rohangupta_
    @rohangupta_ Před měsícem +84

    Padai kr hi leta hun varna asli moye moye result wale din ho jaayega🥲

    • @NeerajArora
      @NeerajArora  Před měsícem +24

      Sahi baat hai.. karlo revision jaldi jaldi

    • @Viveksingh-ek7uu
      @Viveksingh-ek7uu Před měsícem +1

      ​@@NeerajArorasir can you plz share the notes used I these lectures🙏🙏🙏

    • @AshutoshKumar-lt5db
      @AshutoshKumar-lt5db Před měsícem

      Is this revision series is enough for those who didn't touch audit

    • @rohangupta_
      @rohangupta_ Před měsícem +5

      @@AshutoshKumar-lt5db 😂😂 Agar eisa hota to wo student paagal hain kya jo starting se pad rahe hain. Yahin se krke nhi chale jaate exam dene

    • @gautamthakur9164
      @gautamthakur9164 Před měsícem

      ​@@AshutoshKumar-lt5dbmay 24 ke student ho ?

  • @prajwalbhat7899
    @prajwalbhat7899 Před měsícem

    Sir when does Shivangi mam law reision vidoes coming? I finished first 4 classes

  • @siddhjain6714
    @siddhjain6714 Před měsícem

    sir plzz sare chapters ka revision video upload Karo at the earliest

  • @gautam06
    @gautam06 Před měsícem +2

    sir baki chapters ka bhi consolidate video upload kardo please ek ek karke dekhne dikat hiti hai

  • @nancyaggarwal9629
    @nancyaggarwal9629 Před měsícem

    Sir this video and notes is very helpful for my audit preparation sir can u share your notes with us

  • @yashpatil9936
    @yashpatil9936 Před měsícem +2

    Sir please all chapters ke revision leke aao

  • @umeshkhunger5878
    @umeshkhunger5878 Před měsícem +1

    4:30 Basics
    8:10 Assurance Engagement
    12:50 Glossary
    17:50 PreConditions
    26:00 Exam Question (Professional Judgement)
    27:00 Framework of Audit
    33:40 Impt.

    • @PayalSisodia08
      @PayalSisodia08 Před měsícem

      Really thankful but where is Prospective financial information???

  • @Oswald07
    @Oswald07 Před měsícem

    classes are pending so this video is beneficial?

  • @nikitasharma7209
    @nikitasharma7209 Před 4 dny +2

    Ch 1 done ✅ .

  • @gupta_akshat_
    @gupta_akshat_ Před měsícem +4

    dhanyawaad sirji :)

    • @NeerajArora
      @NeerajArora  Před měsícem +4

      Always welcome GUPTA JI

    • @kirtisingh939
      @kirtisingh939 Před měsícem +2

      Dhanyavaad sirr jii. Dil se.... Was waiting fir this series aab maja aya ga naa bhidu🙌🙌🙌 neeraj sir op.. Audit me fod denge.. 3 din milra hai exams me.. Aapki revision vídeos ki clip hum 1.2x pe dekhenge aram se cover kr lenge... Thankuu once again..guruji❤❤

  • @user-ct6gy1kb4p
    @user-ct6gy1kb4p Před měsícem +2

    How to make use of this lecture :- 2:15

  • @yash_gupta21
    @yash_gupta21 Před měsícem

    sir where do we notes for this revision video

  • @ak..8188
    @ak..8188 Před měsícem

    Sir please bring for other chapter also

  • @vindhyasaxena7556
    @vindhyasaxena7556 Před měsícem

    Sir please upload other chapters too

  • @dipanshigupta7143
    @dipanshigupta7143 Před měsícem

    sir ye ab daily hoga schedule kahan se milega and timings???

  • @nandasharma3462
    @nandasharma3462 Před měsícem +3

    Sir sm ke liye bhi revision video.

  • @anusthabose9210
    @anusthabose9210 Před měsícem

    Sir, all 11chapters will be covered?

  • @jatinpurohit4768
    @jatinpurohit4768 Před měsícem

    Sir Sm ka revision kab aayega , Much Needed

  • @TheFinalBoss26
    @TheFinalBoss26 Před měsícem +1

    36:46 where can i find these charts ??

  • @akshay_jha
    @akshay_jha Před měsícem +3

    Shukriya masterjiii🥳🥳🥳🥳

    • @NeerajArora
      @NeerajArora  Před měsícem

      Jha sahab.. ab 60Plus laao

    • @akshay_jha
      @akshay_jha Před měsícem

      @@NeerajArora done hai sir✅💪🔥

  • @hatijain2739
    @hatijain2739 Před měsícem

    Sir nov23 ke jo videos he, wo irrelevant h?

  • @prashansabalodia3917
    @prashansabalodia3917 Před měsícem

    Sir... gst revision bhi please!!!

  • @Sawan_jha
    @Sawan_jha Před měsícem +3

    LAAL PHOOL NILA PHOOL NEERAJ SIR BEAUTIFUL

  • @user-kh1ys2es4o
    @user-kh1ys2es4o Před měsícem

    sir what is the schedule of this series

  • @SwampyPanda3
    @SwampyPanda3 Před 4 dny

    Ye sab first chapter me tha? Icai book me kaafi kam tha maine jab padha.

  • @nidhidhorajiya
    @nidhidhorajiya Před měsícem

    Sir ap other chapters ka revision karaoge??

  • @AnushkaSharma-yf1is
    @AnushkaSharma-yf1is Před měsícem +1

    Yeh Vali pdf kha milegi please do tell

  • @sahilvyas1199
    @sahilvyas1199 Před měsícem +1

    Thank you very much sir

  • @shubhambhargav1844
    @shubhambhargav1844 Před měsícem

    Sir baaki ke revision upload kar dijiye na

  • @cascadefusion
    @cascadefusion Před měsícem

    Sir, Sm ka bhi aise kar dijiye bohot help hojayega

  • @world7010
    @world7010 Před měsícem

    Kya sir sare chapter k revision karayenge utube m koye bta skta h kya ☹️

  • @ritabepari1968
    @ritabepari1968 Před měsícem

    Sir, where we can find pdf of notes ?

  • @chinmayvispute4235
    @chinmayvispute4235 Před měsícem +1

    Can we get these notes sir?

  • @ullas928
    @ullas928 Před měsícem

    neeraj sir plz upolad revision video of SM plzzzzz

  • @bhavyagoel1142
    @bhavyagoel1142 Před měsícem

    Hello Sir book sale par h kya apki ?

  • @gkstudybuddy
    @gkstudybuddy Před měsícem

    Aaj samaj mai aya sir 😢... Financial independent hona jaruri hai... Kash time vapas nhi ata... Shadi ke phele hi padh liya hota atleast GRP 2 to clear hota😢

  • @user-do1hw3ml4s
    @user-do1hw3ml4s Před měsícem

    Sir ca circle kese join kre

  • @saiprasadmodi
    @saiprasadmodi Před měsícem

    Nice lecture

  • @shivamnj2417
    @shivamnj2417 Před 27 dny

    Sir notes kaha milenge

  • @kashishpuri6192
    @kashishpuri6192 Před měsícem

    Chapter 5 and chapter 9 asap please sir

  • @bhaisahaab-by3vg
    @bhaisahaab-by3vg Před měsícem

    Sir Gst ka revision bhi laado..

  • @CARSTUBE999
    @CARSTUBE999 Před měsícem +1

    Sir wr is the link

  • @dipanshigupta7143
    @dipanshigupta7143 Před měsícem

    where is the playlist

  • @aarohi248
    @aarohi248 Před měsícem +16

    Most awaited revision series :)

  • @ambience1389
    @ambience1389 Před měsícem

    sir where to grt that question pdf ?

  • @PayalSharma-fx3sd
    @PayalSharma-fx3sd Před 4 dny +1

    Sir full chapter cover h