SA 315|Standards on Audit| Identifying and Assessing the ROMM through understanding the Entity

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  • čas přidán 17. 03. 2017
  • SA 315 Identifying and Assessing the Risks of Material Misstatement Through Understanding the Entity and Its Environment

Komentáře • 293

  • @CAKapilGoyal
    @CAKapilGoyal  Před 6 lety +20

    Hello Guys ,
    If you preparing for May/Nov 2018 CA IPC/intermediate and Final Exam, you can send email to auditmay2018@gmail.com for Audit Book, Test Series, Full online course , Personal Consultancy.
    Enjoy Audit With Kapil

    • @zafarhayee
      @zafarhayee Před 6 lety +3

      CA Kapil Goyal - Audit Discussion Respect from Pakistan Ca finalist

    • @iloveallah9075
      @iloveallah9075 Před 6 lety +1

      CA Kapil Goyal - Audit Discussion . Great job

    • @Natalia-cm8ez
      @Natalia-cm8ez Před 6 lety +1

      Sir
      You're so cute. Apki bhi book ayegi zaroor. All the best!

    • @helpinghands4406
      @helpinghands4406 Před 4 lety +1

      Sir u r teaching good on youtube than in pd

    • @ektamehta7484
      @ektamehta7484 Před 4 lety +1

      now it has crosses 1 lac congratulations

  • @RamenChomp
    @RamenChomp Před 4 lety +14

    From 50 subs to 110k! this is the power of honest and generous efforts and providing content which is actually good and helpful to many :)

  • @omkar-kadam
    @omkar-kadam Před rokem +5

    When I was a CA student I used to watch your lecture for some of the Audit concepts. I have now qualified CA and in UK currently. Before my Job interview here I went through this video on SA 315 as the role involved having knowledge of control functions in the organisation. Guess what I got selected. Thanks for uploading the SA 300 series. It's not just the Students but Members also refer to your videos. Thank you sir.

    • @CAKapilGoyal
      @CAKapilGoyal  Před rokem +1

      Thanks Omkar and congratulations for your Job 🤗

  • @cajayatigupta4354
    @cajayatigupta4354 Před 2 lety +3

    Sir your knowledge of audit is immense. Nobody can beat you. Preparing for the interview and watching these. Very very helpful. 100% conceptual clarity.

  • @waqasakram9573
    @waqasakram9573 Před 5 lety +15

    I am Waqas from Pakistan.
    You way of delivering concept is really impressive. Thank you Sir.

    • @nurulhaseenislam1572
      @nurulhaseenislam1572 Před 5 lety +2

      I am watching this lecture from Bangladesh.

    • @vaibhav36371
      @vaibhav36371 Před 4 lety +5

      @@surajpitroda6186 All Pakistanis are not terrorists.. some are normal citizens who don't want any war.
      Pls don't do this.

    • @basitbashirbhat758
      @basitbashirbhat758 Před 3 lety

      @@vaibhav36371 Mostly Indians are modi Bhakht except few. Please be humans first

  • @rameshjain8234
    @rameshjain8234 Před 4 lety +3

    Totally valuable lectures by the sir. He dont only give you the understanding of standard but also share practical experience of his career in big4 which is to good for the study to connect the concept and understand well.

  • @ruchikawadhwani6298
    @ruchikawadhwani6298 Před 5 lety +3

    Thank you Sir, You are a great great teacher , the way you teach with help of practicle examples is of great help.

  • @Hari_1M
    @Hari_1M Před rokem

    Best video for SA 300 series. No one can ever come near to ur conceptual explanation 🙏 thanks a million sir

  • @rishabhjha7118
    @rishabhjha7118 Před 6 lety +2

    Very difficult & complex SA explained in such simple manner
    That's why Kapil Sir is best for audit 👌✌️

  • @beautifulmind4168
    @beautifulmind4168 Před 6 lety +1

    Wow....Superb ..outstanding....Kapil Sir....now it will be very easy for me to gain full understanding of SA 315.Thank you very much

  • @bharatmakhija1005
    @bharatmakhija1005 Před 5 lety +3

    Thank you sir for providing such a valuable gift with pure kindness.

  • @JANTANEWS_Anil_Soni
    @JANTANEWS_Anil_Soni Před 4 lety

    Sir you are only teacher who provide us the ROMM matrix,,
    And many such things,
    Thank you so much sir 🙏🙏

  • @raghavsoni3934
    @raghavsoni3934 Před 7 lety

    sir koi nahi samjha paya tha ye SA... aur aapne ek baari me samjha diya... Hats off to U Sir.....
    Sir aap jaise teacher h.. tabhi hum befikar hoke padh sakte h..
    Thankzz a lot Sir...

  • @avantineogi5662
    @avantineogi5662 Před 7 lety

    Thank you sir, it really helped to build my concept on SA 315. Your classes r relle a boon for self study students.

  • @vaishalisharma858
    @vaishalisharma858 Před 5 lety +4

    Ur lectures r splendid nd seriously goes into my head directly !!

  • @nimayram6029
    @nimayram6029 Před 6 lety

    sir, u r simply Excellent, I have not seen any ACA/FCA like u, u r the best, i have ever seen.....

  • @adityaanand6992
    @adityaanand6992 Před 7 lety

    Sir, I was unable to understand ROMM, Materiality before watching your videos now I understand very well. Many Many thanks to you sir for such a great effort. the exam is near so I watch your selected SA such as SA 315, SA 320, SA 330, 420,450 & 530 to enhance my understanding. I love your way of teaching because you share you Personal experience which is very valuable for us sir. Thank you so much, sir.

  • @adeshrane1667
    @adeshrane1667 Před 5 lety

    Practical & Exam oriented explanation in short time , Thanks for your efforts 😘

  • @rituailani560
    @rituailani560 Před 6 lety +6

    Wow Sir! Again an amazing explanation! Indeed the CA students community would love to read from your books!! 😄😄

  • @anshusen8280
    @anshusen8280 Před 7 lety +1

    Sir thanks a lot for your lectures. It is really Helpful for those who couldnt afford for coaching. Your lectures really help!

  • @ksanzok
    @ksanzok Před 3 lety

    Your videos are more conceptual and practical to better understand the standards....thank you so much sir. Nepal :)

  • @mansiagrawal3243
    @mansiagrawal3243 Před 6 lety +1

    Thankyou so much sir!! Your videos are truly helpful 😊you r doing a wonderful job ! Thankyou

  • @lalbaburai9014
    @lalbaburai9014 Před 6 lety

    Superb , u r really doing a good job
    U r the real hero
    And also a best teacher of audit...

  • @17shreshtha
    @17shreshtha Před 7 lety +7

    Thankyou so much sir i have seen many lectures before of other teachers but you are genuinely THE BEST and you just vanished my phobia for SA's.

  • @rs28913
    @rs28913 Před 7 lety +2

    thanks sir, now finally i understood SA 315 .thanks allot

  • @nikitasharma7412
    @nikitasharma7412 Před 7 lety +14

    Sir , I have been following your videos from 1st SA i.e SA 200 and after that I have been watching all your SA videos for learning , they help me a lot to understand and remember the SAs. Keep making such amazing video, one doesn't need a class if they watch your videos. Thank you sir.

    • @CAKapilGoyal
      @CAKapilGoyal  Před 7 lety +2

      Nikita Sharma thank you And today I will upload SA 320 and 450 . Happy Learning together

    • @mkjdbg
      @mkjdbg Před 5 lety

      Did u clear your group 2 plz tell?

  • @MrRajnikhil
    @MrRajnikhil Před 7 lety +2

    Thank you sir.. You vedios are very helpful to students of small cities like me..

  • @navarajsharma1612
    @navarajsharma1612 Před 5 lety +1

    I SUBSCRIBED UR channel while it was 76k .. Fruitful for my June exam of CA Final Nepal.. Tq sir .

  • @poojabhatt4013
    @poojabhatt4013 Před 5 lety +1

    Thank you soo much sir for all the motivation and time you provide us thanks a lot, watching your lectures for may 19. And these are really very helpful for revision, keep going sir 🙏🙏👏👏

  • @nitesh_tanwer
    @nitesh_tanwer Před 5 lety +1

    Wow.... super dupper ... practical Concept clearity 😍😍 thnkuu soo much sir g

  • @LifeCanvasbyAJ
    @LifeCanvasbyAJ Před 6 lety +1

    Amazing video i wasnt able to understand it despite reading many times thankyou so much sir i can relate to it now

  • @syedarafia1549
    @syedarafia1549 Před 4 lety

    Thank you so much sir, I'm from Pakistan, it really helped me alot, God bless you

  • @vikasthakur9837
    @vikasthakur9837 Před 5 lety +2

    THE best ever AUDIT TEACHER

  • @nishasharawat2750
    @nishasharawat2750 Před 5 lety +1

    Thank u so much sir u just great.. now very easy to understand sa315

  • @hemasethia
    @hemasethia Před 7 lety +1

    Sir, its a genuine ' Thank you ' for such unconditional and generous effort on your part.
    You have really made understanding of Audit very interesting. Your way of explaining is too good.
    Thank you very much Sir

  • @babitagarg7954
    @babitagarg7954 Před 3 lety +1

    You were saying that you got 50 subscribers and now you have more than 117k+ subscribers...hats off 😍

  • @prakashsingh1634
    @prakashsingh1634 Před 4 lety

    Sir your classes are blessings.
    Thanks a million 😃😃

  • @vardhmans7531
    @vardhmans7531 Před 7 lety

    thanks sir for increasing d motivation level about audit

  • @HimanshuSharma-mg2vc
    @HimanshuSharma-mg2vc Před 5 lety +1

    You are doing a really good job sir . 🙏🙏

  • @Farhan9709
    @Farhan9709 Před 7 lety +3

    thanks a lot sir for the so neat clarification.....
    with u audit is so practical and feasible in understanding..
    and with our name in ur video,is so prestigious!! thnks for it

    • @CAKapilGoyal
      @CAKapilGoyal  Před 7 lety +1

      farhan tammi Thanks and share with your frnds so that it can help others too 😊

  • @Japunjeet_Singh
    @Japunjeet_Singh Před 6 lety +1

    Very well explained sir👏. I have given multiple attempts yet never understood 300 & 400 series. But your lectures really helped me to gain the practical understanding+ your PM discussion helps to approach the relevant answer.🙌
    Sir plz cover CA final 'other audits' PM asap🙏

  • @bhavikjain2978
    @bhavikjain2978 Před 6 lety

    Dear Sir,
    These lectures are really very helpful..
    If possible can u make a single video covering a variety of questions in PM for all SA's as you do that individually..
    Overall what you are doing now even that means a lot..
    Thank You....

  • @anikroyapu6260
    @anikroyapu6260 Před 6 lety +1

    I'm a student of acca from bangladesh and watch your videos!!

  • @sandhyasandy8671
    @sandhyasandy8671 Před 6 lety

    TQ sir for your efforts to make us understand topic in effective way

  • @ishavenegurkar9603
    @ishavenegurkar9603 Před 4 lety +1

    sir you are the best !!. I find audit interesting because of you😇

  • @dishajain6507
    @dishajain6507 Před 7 lety

    Thank u so much sir. .ur videos are very easy to understand SAs. .

  • @meghaunnadkat3763
    @meghaunnadkat3763 Před 2 lety

    31:24 - Hope meri bhi book ayegi. Its good to the see the progress and an example that you have to start and you will achieve your goals

  • @nikithakhatri414
    @nikithakhatri414 Před 7 lety +2

    wow I m liking it very much and so happy , it's fun , it feels like listening to music when listening to you , like keep on listening , it's giving good feeling to ears . thank you for such enjoyment and fun sir , it's entertaining me although I don't like movies of today that much and don't hear music to that extent like people do today but this is good , sir thank you

  • @rishibhushansharma8146

    thank u for this one....this really solved my problem...thank u

  • @bgkiri
    @bgkiri Před 6 lety

    Thank you so much for your help. .. this is very helpful and much more appreciated

  • @kamalgc566
    @kamalgc566 Před rokem

    Ur the best faculty of Audit!

  • @priiibamb6957
    @priiibamb6957 Před 2 lety

    Watching this in 2021 but sir you've reached wo far from 50 subscribers to 150 k subscribers, from using Surbhi Bansal ma'am que. Bank to your own que. Bank...... 😎😎...this is enough for motivating someone 🔥

  • @oceanabovemyhead6811
    @oceanabovemyhead6811 Před 2 lety

    What a journey! From 50 subs to lacs now!!

  • @RahulJain-qd8kf
    @RahulJain-qd8kf Před 4 lety

    Thank you soooooo Much sir,❤️🙏🏻
    & Aa gayi sir aapki Book...apne is video ke last ke 5-7 min me bola h..ki 1 din meri bhi book aayegi.. & aa gayi Books🙏🏻😊❤️❤️❤️

  • @sagarsuru8783
    @sagarsuru8783 Před 5 lety +5

    KINDLY PROVIDE A SHORT REVISION OF ALL SA's
    200's
    300's
    400's
    500's
    600's
    700's
    In each different videos for better catch on summary.
    Thank you very much

  • @shruthirathi
    @shruthirathi Před 5 lety +1

    Watching the lecture now... when you have 53k subscribes
    Great going sir👍👍

  • @vivekgupta167
    @vivekgupta167 Před 2 lety

    Sir it is amazing ,,, now i am rerating why i don't take class with you ,,,,,,,,,thx alot sir

  • @jaikishanshaw3643
    @jaikishanshaw3643 Před 6 lety

    thank u sir for providing ur valuable time. sir u r great.

  • @BadalBabuBhattarai
    @BadalBabuBhattarai Před 6 lety

    Lucid explanations. Wonderful job!

  • @Nishagusain01
    @Nishagusain01 Před 7 lety +3

    Thank you sir. We students really appreciate your efforts. You teach amazingly.:)

  • @ajithjagadheesan1624
    @ajithjagadheesan1624 Před 4 lety +1

    Excellent class....Thank you so much Sir...😇

  • @sanchitsingle
    @sanchitsingle Před 5 lety +15

    When you said we have 50 subscribers I thot you said 50k✌🏻 now 75k🙏🏻

  • @nusratwani4192
    @nusratwani4192 Před 6 lety

    Thank you very much sir for these awsome lacrures of audit.. it will definitely help a lot... Nice art of teaching... keep it up...

  • @ashisharora5196
    @ashisharora5196 Před 6 lety

    Thanks you sir for valuable knowledge.

  • @sofiaaggarwal7053
    @sofiaaggarwal7053 Před 3 lety +6

    50 to 133k 🎉🎉🎉

  • @hemasethia
    @hemasethia Před 7 lety +6

    Thank you very much Sir for such helpful videos on SA's.
    These are acting as help line.
    Sir, I request you to kindly upload 500 series too.

    • @CAKapilGoyal
      @CAKapilGoyal  Před 7 lety +1

      hema sethia within this week we will upload All 500 series SA

    • @CAKapilGoyal
      @CAKapilGoyal  Před 7 lety +3

      SA 500 Series Uploaded

    • @hemasethia
      @hemasethia Před 7 lety

      Thank you very much Sir
      Really very helpful

  • @luckybansal2390
    @luckybansal2390 Před 7 lety +1

    Abhi tak teachers bus reading karva k SA samjhaate the but first time kisi ne with practical example samjhaya hai...aapki book aaye ya na aaye but aapke lectures ki DVD jaroor aayegi

  • @riturajsingh4088
    @riturajsingh4088 Před 6 lety

    Sir, November, 2013 to April, 2014 tak Gurgaon me Devalya ke samne jo ETEN CA hua karta tha.... Waha maine CA Final ki classes li Practical Subjects ki............. Hum students regularly Devalya me Breakfast karne aaya karte the...... waha Kitchen me jo kaam karte the Sandeep Bhaiya....... unse kafi achchi mel jol ho gayi thi.... Missing those days.

  • @RviJay047
    @RviJay047 Před 5 lety

    Coz mere pas v mam ka hi book hai or mai class me kuch nhi padha tha..
    Aapke videos mujhe bhoot help krrhe hain

  • @rehangulam7281
    @rehangulam7281 Před 5 lety +1

    Very useful lecture thanks sir more video apload

  • @RviJay047
    @RviJay047 Před 5 lety

    Sir aapke videos mujhe isbaar pass karwane wale hain....
    Thankkk youuu sirr

  • @AbdulWahab-fd7tb
    @AbdulWahab-fd7tb Před 3 lety

    Am Wahab from Pakistan, sir you well explained this topic

  • @priyaverma-fp3oi
    @priyaverma-fp3oi Před 6 lety

    Sir i have a doubt pls reply..
    As per our standard we obtain undrstnding abt internal control in Sa 315.. we have also read in our book that we dont have to express opinion on internal control SA 265 but fir jo hum audit report mei annexure lgate hai internal financial cntrol ka voh kya hai fir...

  • @akhil7664
    @akhil7664 Před 6 lety +1

    Sir, thanku so much, apke video bohot helpful h

  • @keshavbansal5435
    @keshavbansal5435 Před 6 lety

    Sir your videos are really helpful .....

  • @comeletschange9510
    @comeletschange9510 Před 6 lety +1

    Good initiative sir Thanks

  • @vinaygupta207
    @vinaygupta207 Před 6 lety +1

    Thank You sir this video is more helpful

  • @saidashing07
    @saidashing07 Před 6 lety

    Conceptually cleared because of you...

  • @aakritipatodia2549
    @aakritipatodia2549 Před 6 lety

    These videos are very helpful sir.
    Thank you so much for helping us out and explaining everything so clearly. I hope you publish your book very soon as it will be of great help to students :).

    • @CAKapilGoyal
      @CAKapilGoyal  Před 6 lety

      +aakriti patodia
      Thanks for your comment and yes I will do that soon

  • @EL-Beth-EL
    @EL-Beth-EL Před 6 lety

    In example you quoted, how the transportation of coal can be misstatement. It is just a situation in the company as far as I know, you can never call it as a error or fraud.
    By the way, I like your way of teaching these standards with examples...

    • @CAKapilGoyal
      @CAKapilGoyal  Před 6 lety +1

      +Jiju Oommen
      It's a company specific situation and thanks for your comment

  • @babuji9950
    @babuji9950 Před 7 lety +2

    sir each video of you carry my likes 💕

  • @abcd32174
    @abcd32174 Před 7 lety

    thank you sir
    Pehle toh SA315 ke itne bade saare naam se hi darr lagta tha
    U made it so clear
    MAZA AA GAYA

    • @abcd32174
      @abcd32174 Před 7 lety

      sahi me sir
      for the very first time
      I enjoyed studying this subject

    • @CAKapilGoyal
      @CAKapilGoyal  Před 7 lety

      +Binod Verma 😊

  • @chintandave2743
    @chintandave2743 Před 3 lety

    Superb Explanation sir🙏

  • @puskarpant9347
    @puskarpant9347 Před 2 lety

    32:04 is it correct sir? If inherent and control risk are high then there should be low detection risk for audit or what?

  • @ca.acma.clthakur8406
    @ca.acma.clthakur8406 Před 5 lety

    Awesome video Sir Ji.

  • @aakashpawar676
    @aakashpawar676 Před 6 lety +1

    thanku sir for practical approch of teaching

  • @divyavishwakarma6014
    @divyavishwakarma6014 Před 3 lety

    Ossom style of teaching 🤩

  • @RajeshSingh-we9ot
    @RajeshSingh-we9ot Před 5 lety

    Sir there is inverse relationship between romm and detection risk??

  • @jyotigarg9
    @jyotigarg9 Před 6 lety

    all video so helpful
    thanku so much sir

  • @priyabaste5496
    @priyabaste5496 Před 5 lety +2

    Vry usful lec,ty sir

  • @anju2542
    @anju2542 Před 7 lety

    Thank you sir, its really helpful to undersatand the audit , Would you please make vedios also for CPA Australia, advanced audit and assurance . Its really hard subject.

  • @shubhamkalra9626
    @shubhamkalra9626 Před 4 lety

    Awesome teaching sir

  • @SEKHARMISHRA
    @SEKHARMISHRA Před 5 lety

    Best clarification of ROMM

  • @NIKHILSHARMA-yw5pl
    @NIKHILSHARMA-yw5pl Před 4 lety

    fadu mast super expressing sir.......

  • @ubaidmiandad3040
    @ubaidmiandad3040 Před 7 lety

    wonderful sir it is much helpful to understand the concept of
    ROMM,sir can we download this video ?

  • @ksmelbvlogs3523
    @ksmelbvlogs3523 Před 7 lety +1

    thnku sir...u r videos are really helping to cover the SA. Hope u will cover all the SA soon.

    • @CAKapilGoyal
      @CAKapilGoyal  Před 7 lety

      Khushabu Sharma Thank you 😊
      Yes , I will cover all the SA

  • @yogeshkumar7066
    @yogeshkumar7066 Před 6 lety

    excellent explanation sir

  • @ramrajpurohith1787
    @ramrajpurohith1787 Před 7 lety

    thanks sir. very helpful 🙏

  • @vanshikagarg3524
    @vanshikagarg3524 Před 6 lety +1

    Thx sir,, nice explanation

  • @LCCS_07
    @LCCS_07 Před 5 lety +1

    Best Teacher