this is so dope. i dont even waist time going to the class anymore. i just sit and watch videos. from south africa. we appreciate you
@amandalovestoaudit4 жыл бұрын
Bliss - please still go to class - you never know when they might give you advice about exams or assessments ☺️
@parttea3 жыл бұрын
Thank you for teaching me the things my college professors neglect. Too much theory in uni sometimes that practical examples are often overlooked. Thank you again!
@amandalovestoaudit3 жыл бұрын
Any time ☺️. We have so few weeks in a uni semester to explain everything, we often only cover the basics.
@NomathamsanqaMfundisi4 жыл бұрын
My name is Nomzz studying to be a charted accountant all the way from South Africa; this was so helpful!
@amandalovestoaudit4 жыл бұрын
You’re welcome Nomzz! Good luck 😊
@mimoojoyce2 жыл бұрын
I am an intern in audit firm and am learning alot from your channel
@cheasok73244 жыл бұрын
I studied in Australia but not at the uni you taught. I wish I knew you earlier. Now that I work for the one of the big 4, I come back to review everything and your videos are so helpful. Thanks so much! I love you like you love to audit! I love auditing too.
@cheasok73244 жыл бұрын
Oh I’m from Cambodia. 🥰 we all love u
@amandalovestoaudit4 жыл бұрын
Congratulations Chea on getting a big 4 job - not east - well done!!! I’ve never been to Cambodia but it is on my wish list for when the kids are a bit bigger ❤️
@niyifanightschool93222 жыл бұрын
Hi. I also work for the big 4. It's great having you here
@bvumayichatikobo31314 жыл бұрын
The Doctor has spoken, you never give us half-backed doughnuts really. i am personally loving the unpacking of the Series, Doc, keep it up.......Africa is still logged-in. Can't be sweeter than this under these Lockdowns, one is tempted to substitute indoor games with this series really. Regards.
@amandalovestoaudit4 жыл бұрын
Thank you so much for your kind words Bvumayi 🙏 stay safe and keep up the study!
@justforrfunnn Жыл бұрын
“yes, there is almost 17 minutes of content around design appropriate substantive procedures” thought that was funny 😁 Thank you for making this series Dr. Amanda!
@SirAntBo3 жыл бұрын
Very refreshing. Jumping back in to compliance after being away for nearly 5yrs. Thank you for your hard work!!!! Such a blessing!
@amandalovestoaudit3 жыл бұрын
You are so welcome!
@ashebirdemissie49163 жыл бұрын
like any physician of medicine you just dissect accounts to review what happened when performed with accounting of property plant and equipment and hence thank you for sharing your best knowledge and skills!!!!
@amandalovestoaudit3 жыл бұрын
Awww thank you for such a lovely comment 🙏❤️
@sumantnayyar59732 жыл бұрын
Thank you Amanda for great lectures 1 question = for the assertion of accuracy on the NCA an we calculate the carrying amount of asset by charging the depreciation in accordance to the policy of entity and cross check the such calculated amount with amount shown in balance of NCA
@sumantnayyar59732 жыл бұрын
And this can also fulfill the assertion of valuation????
@farhahfadhilah54523 жыл бұрын
I am forever grateful to find your channel. Very well explained and it helped to improve my understanding on this topic. Thank You, Dr Amanda!
@amandalovestoaudit3 жыл бұрын
You're so welcome!
@simonmulenga7483 жыл бұрын
Great video Amanda share also how to audit biological assets such as crops, pecan and bearal plants
@amandalovestoaudit3 жыл бұрын
Hi Simon - a great area and such a tricky one to audit - hopefully I’ll get to it!
@MillionNjowe-xp4ez2 ай бұрын
Thanks very much Amanda 🎉
@Valshious3 жыл бұрын
You are amazing!! Thank you for such great and detailed explanation
@mohamedrameez28272 жыл бұрын
Well explained. It’s a really useful session
@gilberttanki2025 Жыл бұрын
Thanks for the video Amanda
@mukulgoyal39264 жыл бұрын
Thank you very much for sharing Real life auditing methodology of Big 4.. Love from India ❤
@amandalovestoaudit4 жыл бұрын
You’re welcome Mukul ☺️
@abinishashanmuganathan77584 жыл бұрын
Hey thank you for all videos, real value addition.... Pls also add on more procedures in cash and bank, shares capital, payable and other primary ones.
@amandalovestoaudit4 жыл бұрын
Thanks Abinisha - plenty more in the series coming ☺️
@desniramadhani5303 жыл бұрын
Amanda thank you to share this topic
@itumelengdikobe58112 жыл бұрын
Thank you so much. All your videos have been extremely helpful
@kelvinnguyen68463 жыл бұрын
Thanks Amanda. This is a really good video. Do we need to take into account how the PPE is capitalised from WIP? Policy on what amount the asset will get capitalised e.g >$5000? who's approving them... etc. I'm just speculating.
@amandalovestoaudit3 жыл бұрын
Hi Kelvin - so you mean PPE they construct themselves? Yes - this should be taken into account, but you’re right in that there are thresholds - it will depend on the size of the company (materiality 😉). At my university, we don’t put asset tags on anything smaller than $2000
@bezelkatsande16513 жыл бұрын
thanks amanda lm really enriched with your explanations
@amandalovestoaudit3 жыл бұрын
You’re welcome ☺️
@vonnderric2 жыл бұрын
Done watching. Thank you for this very informative video.
@henrybashirukoroma87484 жыл бұрын
My Name is Henry studying ACCA in Sierra Leone. Thanks so much
@amandalovestoaudit4 жыл бұрын
Good luck Henry!
@AJTRAVELS20232 жыл бұрын
Hi Amanda, I have a question. Can we do a virtual tour of a turbine to virtually verify the existence of PPE ? and is there any reference to IASs or ISAs that we can use virtually verify the PPE through a video tour ? (The PPE is only 2 items and are located outside the country which has no firm's office) Thanks
@olatunjitomisin88212 жыл бұрын
I am not sure if there are any ISAs that speaks to virtual verification of PPE. However that portion of audit can be outsourced to another independent firm who is available to physically verify the PPE in question. The client must be aware of such arrangement tho.
@ruesie81253 жыл бұрын
Very clear
@amandalovestoaudit3 жыл бұрын
Glad it helped 😊
@lovelyjanelatorre22662 жыл бұрын
Done watching this video, very informative lecture.
@MariaGutierrez-zc2jv2 жыл бұрын
I would also look into comparing the approval date, invoice date (purchase date) and In-Service date. Did all of these events transpire in chronological order.
@matthewspecter91694 жыл бұрын
Hi Amanda, great video 😁 are you going to be doing one for Investment Property?
@amandalovestoaudit4 жыл бұрын
Hi Matthew - it wasn't on my list - but it is now! Do you mean for entities that are commercial property developers and lessors?
@matthewspecter91694 жыл бұрын
AmandaLovesToAudit yes 😁
@thabilekhwela84813 жыл бұрын
My nameis Thabile studying Taxation, this video makes it easy to understand, I was struggling thank you
@imranhassen7442 жыл бұрын
Hi Amanda, do you happen to have any content that covers Impairements?
@tshipatampiana38614 жыл бұрын
Thank you for your videos 😊
@amandalovestoaudit4 жыл бұрын
You are very welcome!
@trixieanndagle46392 жыл бұрын
Done watching.
@VictorTJerry3 жыл бұрын
Hi Amenda, love your videos very detailed, I do have a question which I'm abit curious about though. When auditing fixed Asset, Asset with no trace of documentation but is on the balance sheet can also be labelled as Ghost Assets and if possible can also be written off from the book? Very curious to know. Thank-you.
@amandalovestoaudit3 жыл бұрын
We need to make sure we identify any ghost assets and remove them. The accounting needs to be done very carefully - we can't write them off as we would do assets that are sold. They need to be essentially backed out of the system entirely. Some more good info www.accountingtoday.com/opinion/ghost-assets-can-haunt-companies-for-years
@VictorTJerry3 жыл бұрын
@@amandalovestoaudit thankyou. Very much appreciated. Kind regards.
@mikovheraphalalani6054 жыл бұрын
Very informative.. Thank you from south Africa
@amandalovestoaudit4 жыл бұрын
You’re very welcome!
@WillardMusowa Жыл бұрын
Well explained
@professorjorgedecarvalho4 жыл бұрын
Awesome!! I've loved this video. Congratulations!!
@amandalovestoaudit4 жыл бұрын
Thank you! 🙏❤️
@hopaahmed58403 жыл бұрын
thank you this is so helpful , from Egypt
@amandalovestoaudit3 жыл бұрын
Thank you 🙏 ☺️
@reginemacaro51702 жыл бұрын
Done watching thankyou for this informative video lecture
@josh36773 жыл бұрын
Hello Sir. May I ask, how to is LAND disclose in FS or how it is recognize, is it Investment property or PPE? where the land will only be use for leasing or rental.
@josh36773 жыл бұрын
I mean Ma'am
@gavinmonama36424 жыл бұрын
Thank you very much Amanda 🇿🇦🇿🇦🇿🇦
@amandalovestoaudit4 жыл бұрын
You’re welcome Gavin!
@adel7124 жыл бұрын
A real good quality content thank you Amanda (y)
@amandalovestoaudit4 жыл бұрын
Thank you so much Adel!
@tteep230811 ай бұрын
If you dont do a thorough completeness test, how do you answer the client when they found that some PPE were lost or stolen?
@ellamaerosariaolisa41382 жыл бұрын
Done watching this vid sir, thank u po.
@efaareda34063 жыл бұрын
Thankyou so much!!!
@ephesians320djarz93 жыл бұрын
Hi Amanda, thank you for this amazing video. By the way, do you have topics on Auditing Construction company? Or topics on Construction in Progress or Percentage of Completion? Thank you
@amandalovestoaudit3 жыл бұрын
Unfortunately not - but the key issues will focus on the key accounting issues - occurrence, accuracy
@sanyakalaluka79883 жыл бұрын
I would like to see how you audit going concern and related parties
@amandalovestoaudit3 жыл бұрын
Hey - the only thing I have is videos that go through the standard requirements - but your request has been added to my list!
@tonderaidzvimbu29464 жыл бұрын
highly appreciated
@amandalovestoaudit4 жыл бұрын
You're very welcome Tonderai 😊
@mahlatsimakhura29484 жыл бұрын
Thank you very much these videos have been helpful 🙂
@amandalovestoaudit4 жыл бұрын
You are welcome Mahlatsi! Hope you are staying safe and well 😊
@owenskaguyutan31052 жыл бұрын
Done watching❤️
@chetanasin91504 жыл бұрын
Thanks
@rohailaroshion82534 жыл бұрын
It would b nice if the video is included with accounting aspects also... .... anyway as usual I enjoyed the video 😍
@amandalovestoaudit4 жыл бұрын
Hi Rohaila ☺️ that would make the video too long 😉. Check out IFRS Box or Mastering IFRS on KZbin for detailed content 😊
@amandalovestoaudit4 жыл бұрын
Try this for Depreciation - kzbin.info/www/bejne/oJ3ch6CbndmFq6s
@hasinarafenoarisoa70634 жыл бұрын
Hello! this video is very interesting, thank you so much! Could you make videos about assessment of internal control, please? Could you suggest me a free book about financial auditing, please?
@amandalovestoaudit4 жыл бұрын
Hi Hasina - thanks for your suggestion ☺️. For excellent free accounting textbooks - check out Open Stax - openstax.org/subjects/business
@hasinarafenoarisoa70634 жыл бұрын
@@amandalovestoaudit Thank you so much for you help!
@lucksmeysmile87207 ай бұрын
❤
@preciousannecantaros603811 ай бұрын
Thank you so much for your accounting videos Ms. Amanda 😊 I really like how you explain. Also, I'd like to share this one pleasee..."Believe in the Lord Jesus, and you will be saved-you and your household.”" -Acts 16:31 Let us repent of our sins and trust in Jesus Christ ❤ Thank you and God bless!! 💖
@jsk_dodoo3283 жыл бұрын
Thumbs up...100%
@amandalovestoaudit3 жыл бұрын
Thank you 🙏 ☺️
@KB-qj4hc4 жыл бұрын
You are the besttttt❤️❤️❤️❤️
@amandalovestoaudit4 жыл бұрын
Thank you KB 🙏🙏
@muhammadlutfi-hb8ez Жыл бұрын
haidil aiman
@olawaleafolabi48824 жыл бұрын
Please add me to your students list. Thanks.
@amandalovestoaudit4 жыл бұрын
Make sure you subscribe to the channel to get all the updates 😊 And don’t forget to check out my free study guide amandalovestoaudit.com/learning-resources/audit-study-guide/
@simokhwang514 жыл бұрын
🇰🇷😀🤓🤓
@constancelecha67462 жыл бұрын
Hello Dr I thought you we going to touch on issues of revaluation surplus of PPE