3 methods to identify internal control weaknesses

[@siris6634]

I normally would identify significant processes then plot a flowchart upon client inquiry to track the flow of data through main transactions, then i would see what sort of controls they have set and add what could go wrongs in order to see the weaknesses in each control

[@davewright8388]

I love your presentations I'm from Jamaica

[@amandalovestoaudit]

Perfect!

[@angelorhodes343]

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[@angelorhodes343]

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[@angelorhodes343]

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[@busisiwesithole7848]

Thank you so much. This was helpful. From South Africa.

[@sheygodlovendi1514]

I am Godlove Ndi from cameroonian in Africa - Regularly i follow up your teachings very very rich especially for an anglophone like me who studied auditing in French system. More grease to your elbow Madam Dr. Amanda. Thank you so much for the much you have dished out to the audit world. Love you.

[@sibusisosambo4758]

Hi Dr Amanda. I really love audit too, hence I am watching your vedios. I am studying towards becoming a Chattered Accountant. I'm from South Africa. Thank you so much for these lessons.

[@nehasharma5310]

Hi Amanda, am CA from India and your videos are really helping me refresh audit and prepare for interviews.

[@amandalovestoaudit]

You’re welcome Neha’

[@nehasharma5310]

@@amandalovestoaudit Hi Amanda, many thanks to you for sharing such informative videos that too extremely precise with loads of learning on every topic. I have cleared my interview and would like to thank you again as it helped me immensely in brushing up the details❤️❤️

[@amandalovestoaudit]

@@nehasharma5310 That is great to hear!

[@tarunpatel8360]

Hi Amanda, This Tarun from Zambia. Your lectures and videos are so easy to understand. I have learnt a lot from your lectures. I have shared your links with my friends here in Zambia they equally appreciate your work. May God Bless you.

[@amandalovestoaudit]

Thank you so much Tarun - glad to hear that I'm helping students 😊

[@sheygodlovendi1514]

I am Godlove Ndi from cameroon in Africa - Regularly i follow up your teachings very very rich especially for an anglophone like me who studied auditing in French system. More grease to your elbow Madam Dr. Amanda. Thank you so much for the much you have dished out to the audit world. Love you.

[@lungimadlangal6803]

Wow absolutely love the assertions approach to identifying weak controls...this was awesome 👍 Lungi South Africa

[@amandalovestoaudit]

Thank you Lungi! It minimises the risk of not identifying something!

[@caprelomakeover1591]

Thank you so much. From Nigeria

[@amandalovestoaudit]

You’re so welcome! Thanks for watching and leaving a comment 🙏☺️

[@oubriedube]

Hi Amanda, I have been following your video tutorials for about a week now, am learning audit in a different way thanks to you. I am a CTA student from Zimbabwe..

[@amandalovestoaudit]

Great to have you studying with us Oubrie - good luck in your studies ☺️

[@RachelDraaijer]

Suriname. You helped me pass ACCA so thank you very much. I recommend your video's to all

[@amandalovestoaudit]

Great to hear from you Rachel and thank you so much!!!

[@blackjackool]

I love the quality of content and the video! Thank you Amanda!

[@amandalovestoaudit]

Thank you for the kind words Kashish 🙏

[@robertaururahyramosdeazeve5125]

I'm from Brazil, and I recently found your channel. I'm really enjoying it!!!!

[@bongzxayo5921]

You are great!! I am from Zimbabwe

[@ernestsigande5098]

Hi Amanda, i have joined you in loving auditing because of how easy you make it to understand through your videos. Thank you for the great work! Ernest from Zambia.

[@amandalovestoaudit]

Thank you so much Ernest for your kind words ☺️❤️

[@lilungwemayumbelo5287]

From Namibia, your sessions are super informative, thank you very much.

[@jordanc.ksyuen2882]

Hi Dr. Amanda, I'm Jordan, a Malaysian & who's also an undergraduate student from one of the Malaysia 🇲🇾 prestigious universities! I really enjoy and like your video contents so much! Your explanations are much simpler than many of my lecturers could have! My audit lecturer has encouraged his students, including me but not limited to me, to watch your video for better understanding! Therefore, I've subscribed your channel! Thank you and I'll stay tuned for more contents again from you !! Appreciate!! 😄

[@amandalovestoaudit]

Hi Jordan! Thanks for watching and say a big hello to your audit lecturer for me ☺️

[@deonh8]

Hi Amanda awesome video. Tuning in from The Bahamas!

[@amandalovestoaudit]

Thank you Melbria!

[@evebanda2719]

Eve from Malawi.....your lessons are very clear and easy to follow.

[@nanamanuobeng-koranteng3726]

I’m from Ghana. I really enjoy your videos

[@amandalovestoaudit]

Awesome! Thank you!

[@southerncross86]

Bless you Amanda! Thanks for your great videos!

[@josephinemartin6937]

Thank you so Much I am so Impressed with your lectures

[@719rules]

From india .Thanks for throwing light ..now able to see through darkness filled by our rennoved facilities with only audit words . Making sense to visualise and grasp audit words as part of it ..without any further stress 🙏

[@amandalovestoaudit]

You’re very welcome ☺️

[@sandiswamjikwa2991]

From South Africa , I am hoping you will help me love Auditing

[@haniimam5482]

I love your style of teaching. from Sudan

[@aaroacademy]

Thank you, this lesson is very valuable!

[@mohammedabdulateef9615]

I am from Nigeria,I enjoy your video

[@amandalovestoaudit]

Thank you Mohammed!

[@caanu3771]

Loved all your sessions ❤

[@amandalovestoaudit]

You’re so welcome!

[@ProudMele]

I LOVE YOUR VIDEOS!!!!

[@amandalovestoaudit]

Thank you 😊

[@malebohangntsohi]

Thanks Amanda, you increase my passion of Auditing every day. Malele from Lesotho Southern Africa

[@renataplens3917]

Love your classes, Amanda! Regards from Brazil!

[@amandalovestoaudit]

Obrigada Renata! (Is that the correct word?)

[@renataplens3917]

@@amandalovestoaudit that's correct! :)

[@八島政浩]

Tnank you always from Japan! Soooo helpful!

[@amandalovestoaudit]

You’re welcome! 🙏😊

[@warrenmwango3107]

Very helpful material. I am from Zambia.

[@tjhessmon4327]

In the quality arena we use risk assessment models to determine Process Risk and the need for control based upon Severity, Detection and Occurrence. The same approach could be deployed relative to financial controls, especially SOX. Using the tool could provide a "Risk Priority Number" or RPN as we refer to it. which would make it easy to identify those key areas which are most likely to present financial issues relative to material misstatement. In a 500 million dollar inventory for instance, Inventorying paper gaskets worth $70.00 us might not be relevant at all to the financial statement. However I have witnessed, auditors desire the counting of even trite volumes of inventory regardless of the severity of the risk occurring, simply because they don't understand RPN calculation.

[@ibrahimmusisi8624]

My name is Ibrahim from Uganda, its amazing how you make auditing seem easy. I love your classes.

[@meghnabavejamehta]

Hi Amanda I am an IT engineer now studying to be a CA here in Zambia and I really luv all your videos and esp the way u teach😀

[@amandalovestoaudit]

Thanks Meghna - good luck in your studies ☺️

[@ayubaamos4764]

shout out to Dr Amanda! from Nigeria.

[@pirgokpanggabean111]

Thank u Dr Amanda, i can learn more

[@prettymalaza7656]

Hi, Amanda thank for the videos , they are really helpful , from SOUTH AFRICA

[@amandalovestoaudit]

Thank you! Love all of my viewers from the African continent!

[@innocenthlulani206]

@@amandalovestoaudit also from SA

[@davidfrancis7991]

Am from Nigeria and your work has been helpful.

[@matirasabanda7184]

Thanks for this

[@anantamurti4346]

Bless you!

[@amandalovestoaudit]

Aww thanks - just trying to help all the students learning online 😊

[@otaiguara]

It's funny you sneezing at 08:55 hahahaha The way you lead the video it's amazing!

[@bmwalukasa6064]

Wonderful presentation

[@nitheshkumar9944]

CA from India ❤

[@nileshacharekar9465]

Thank You very much for your information

[@ulukposomark9130]

Great work Amanda. i am from Nigeria

[@calvinchaitezvi]

I'm in Zimbabwe i enjoy your videos!

[@amandalovestoaudit]

Awesome! Thank you Calcha!

[@JustFatimaa]

Amanda you’re Awesome! Thank you for this ❤️

[@amandalovestoaudit]

Thank you Fatima!

[@DOMINATEYOURWORLDTV]

Hello Amanda. Thank you for the videos. Godsway from Ghana.

[@hanrigeyvanpittius9016]

Thanks Amanda! From Namibia

[@amandalovestoaudit]

Hi Hanri - thank you! Good luck in your studies ☺️

[@YuusufAkorede]

BLESS YOU, BLESS YOU, BLESS YOU

[@shruthivinay6907]

Just can't stop myself watching your videos... Just in lo ve with your teaching- from India

[@kamalpeeris2894]

Your presentations are very attractive and easy to understand. Kamal from Sri Lanka

[@horyaalmedianetwork167]

Thnx amada

[@amandalovestoaudit]

Any time 👍

[@kanenechekwumehope6754]

thank you amanda.

[@amandalovestoaudit]

You’re welcome!

[@abzafoli]

Love your video from Algeria

[@amandalovestoaudit]

Hi - thank you for watching!

[@harcosbali]

We love Amanda, who loves audit, thank you :-)

[@amandalovestoaudit]

Thank you so much Balázs 🙏❤️

[@kingsleysindombo7544]

Simple and straight forward..I enjoyed your lecture madam

[@ngonidzashemugarisanwa9525]

thank you from Zimbabwe.

[@amandalovestoaudit]

Always great to hear from my viewers in Zim! 🙏😊

[@undergoat2578]

all the way fro somalia .. love your channel

[@karinyan4280]

Hi Dr Amanda I am from Singapore. I make a career switch to internal audit in last November. thks for all your videos very helpful.

[@Rodrigop568]

Thank you for all the help. From Zimbabwe

[@amandalovestoaudit]

You’re welcome Ross ☺️

[@ConradOjiambo]

Thank you very much this was really useful

[@gemmalowe3011]

Your classes have been so so helpful. From UK

[@amandalovestoaudit]

Hey Gemma - good luck in your studies and thank you for studying with me ☺️

[@s.pyathaassociates112]

Hi Dr. Amanda, I am from Nepal and Love your videos.. Thank you..

[@Shakra252]

From somalia, thank you for helping

[@brunarexeimann6550]

Amanda, thanks for your content! Greetings from Brazil

[@AdamsAnthony-z5r]

I really appreciate your time.frm NIGERIA

[@ZamchangMarieDiane]

Marie Diane from Cameroon. Love your lessons

[@nomoremubaira6510]

Hi Amanda, you are doing good work, from Zimbabwe. Here we now use ISAs & IFRSs l heard on one of your videos suggesting we dont follow the standards.

[@amandalovestoaudit]

Hi Nomore - thanks for your feedback - those are quite old recordings ☺️

[@nomoremubaira6510]

kkkkk its okay hey, continue the good work l hope one day will tour Australia

[@rifqihamid2009]

Hi Amanda Thank you so much for your helpful videos. From Indonesia

[@amandalovestoaudit]

You're welcome Rifqi!

[@2enslavedspirit]

i am from Pakistan and i love watching your videos! Thank you for bringing up the amazing content!

[@amandalovestoaudit]

Thank you and a big hello 👋

[@mdshafiulazamacamentorofifrsia]

I really find interest in such effective lecture.From Bangladesh

[@amandalovestoaudit]

Thanks for watching! 😁

[@alemanita2219]

Love from Amber Wilbourn from the US (born in Germany) - Thank you for posting such helpful videos!

[@amandalovestoaudit]

Happy to help!

[@theresatweh1721]

Thank Amanda for the great explanation join you from Liberia

[@cosmologistscientist2333]

thank you my lady for your information I really got excellent information from you regarding my master degree

[@maimbimpepo8203]

Hey Amanda, am maimbi from zambia i enjoy watching your videos.

[@jayzeljimenez5953]

Hi i love all of your videos! I learned so much from you❤️❤️❤️

[@amandalovestoaudit]

Thank you so much Jayzel!

[@nombusodubazane6113]

Good Bless You 🙌

[@edmundoc.guterres5833]

Hi Amanda, I'm very excited to watch your videos, it's very informative and resourceful,l. You know, I don't have an accounting skills however I have been working for a government institution in Timor Leste it's quite challenging during a year of work however your videos are very helpful and Informative.

[@piyush276]

Hello, I am CA Student from India. Thank you Amanda for making such videos, l am watching your video around a month now and It really helps me to clear my concept and understanding of the Audit. Now I do love Audit.

[@honeyb.8070]

Bless you 🙂

[@nditipeter7196]

I'm following you from Tanzania 🇹🇿

[@Eni_199]

Hello Amanda, Nice to connect with you. I love your presentation. I'm from Nigeria

[@MsKiDworld]

Hi from Cayman Island, currently undergrad student working full time as a jr accountant in a auditing firm. I’m new to auditing and long journey ahead

[@amandalovestoaudit]

Welcome - enjoy the journey - there is so much to learn!

[@kahntul-ay2500]

From Philippines. I'm now a big fan apart from the fact that I really need consult with you regarding our business

[@amandalovestoaudit]

Thank you!

[@shacreary4096]

Love from Jamaica

[@positivelifestyleattitude4101]

Thank you so much From Benin republic in west Africa

[@ThinkingOutLoudWithAnjy]

This was so helpful. I'm a Control Assurance Analyst at bank, I test controls related to nonfinancial risks so they're not ICFR and don't necessarily have a bearing on the the accuracy of financial reporting/mistatements in financial statement. For example, controls for conduct risks, regulatory compliance risks, payments oversight risks, etc. Could you make a video tailored to Operational risks & Controls please. Thank you 😊

[@igorvorobjov]

bless you

[@amandalovestoaudit]

Thank you Igor 🙏 - stay safe and well ☺️

[@lizbertify]

I'm very new to your channel and also new to Auditing, targeting more of I.T. Auditing space. Thank you for helping us learn. That sneeze is the highlight of the video 🤣🤣🤣🤣.....bless you!

[@nesq4104]

How is your IT audit job search going, also do you have certifications?

[@harryrondy6647]

thank you from Solomon Islands 😉😍, very informative, I join Internal Audit and I love your channel

[@amandalovestoaudit]

Thanks Harry! Hope things are well in the Solomon Islands and the tropical cyclones are staying away ☺️

[@warpath5922]

I'm from Guyana, love your vids.

[@amandalovestoaudit]

Hi! Thanks 😊

[@bdodcdm]

Thank you the lecture . Pradeep from Mauritius

[@amandalovestoaudit]

Thanks for learning with me Pradeep!

[@kevinlongskis]

At 8:36- bless you :)

[@amandalovestoaudit]

Thank you 🙏

[@kenenim_]

I'm from Canada !

[@amandalovestoaudit]

Hey and thanks for learning with us!

[@k0925sk]

Thank you for sharing From Hong Kong

[@eltesgunesi]

Bless you 🙏

[@edvar8425]

Amazing! This was very helpful, thank you! I'm from Brazil