How to Audit and Analyze a Trial Balance

  Рет қаралды 61,094

Bryan Carreto, CPA

Bryan Carreto, CPA

Күн бұрын

Пікірлер: 124
@sergecanepa1971
@sergecanepa1971 2 жыл бұрын
love this video and how you show a practical example of what an auditor does/the logical thought process behind it
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Appreciate the feedback bro! Please let me know if you have any accounting topic you are struggling with
@dennislartey5566
@dennislartey5566 Жыл бұрын
@@BryanCarretoCPA please we want to know how to prepare working papers, how to audit fixed Asset, payables revenue
@CC-wo2xc
@CC-wo2xc 2 жыл бұрын
On the right track. This was exactly the niche that needs to be filled. Practical audit content. Keep up the good work. More content like this please.
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Appreciate you bro! Definitely on to something here ;). More content on the way
@dyvitajones8657
@dyvitajones8657 9 ай бұрын
Current audit associate and I’m feeling pretty slow so reviewing your content is really helpful. I need a lot of help
@sashac9526
@sashac9526 5 ай бұрын
same, gosh. its my first job ever and i had a TB TO FS file and i honestly struggled with it so much
@AnnaKatherine-ir4xx
@AnnaKatherine-ir4xx 3 ай бұрын
Obviously CPA exam has been a pain in my butt that won't bother me any longer I have gotten my license already thanks to you Mr Dylan God bless you more cuz you made it possible for me
@jameskennedy7472
@jameskennedy7472 3 ай бұрын
Am sorry for that some people also go through difficulties, just be patient and keep studying
@jaxenriquez
@jaxenriquez 3 ай бұрын
I saw someone say he is not trustworthy i couldn't stop laughing, really people say a lot of shit these days.
@VanSimon-o2q
@VanSimon-o2q 3 ай бұрын
He doesn't have a KZbin channel, why is that?
@HendersonJoshua-km9ux
@HendersonJoshua-km9ux 3 ай бұрын
hello!! This a backdoor we're talking about not some kind of extra classes, you really won't expect him to have youtubeChannel is not safe for him
@melodychibuike
@melodychibuike 3 ай бұрын
I've heard a lot of good stories about this Man all over KZbin channels can he really help
@felipau29
@felipau29 2 жыл бұрын
Currently an audit intern & this was my assignment today. Great content & super useful!
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Awesome bro! Glad it was helpful. Keep me updated on your internship and best of luck
@stephendeochua5812
@stephendeochua5812 10 ай бұрын
For a non-accountant, you made it very easy to understand. Thanks alot!
@johnankitgomes5442
@johnankitgomes5442 Жыл бұрын
Do you know what's the best thing I liked about your video? You really loved and enjoyed teaching your viewers. You took that extra mile, to make your viewers understand.... I really appreciate it. Thank you.
@jimmiejoshua3307
@jimmiejoshua3307 2 жыл бұрын
Yes, we needed this, great stuff!
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Thanks bro! More to come
@financialservicesprofessio7377
@financialservicesprofessio7377 28 күн бұрын
Thank you for this video. I wish there are more videos out there on practical demonstration on "how to" audit, just like there are videos on how to fix a flat tire, or your PC, or your car.
@allprolemontonz8448
@allprolemontonz8448 2 жыл бұрын
Thanks I start as an audit associate in September very helpful series
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Awesome!! Best of luck. I am here to help
@caonlyca4971
@caonlyca4971 2 жыл бұрын
I'm a CA. Loving your video. Please do it more. This is unique in KZbin channel. You can conquer all finance aspirants and professionals
@k4i808
@k4i808 2 жыл бұрын
Thank you so much Brian! I start my first audit this morning and I’m so nervous. This was so helpful
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Awesome! Glad this was helpful. As you go through your audit please comment any topics you are struggling with
@PeterPohl-uq7xu
@PeterPohl-uq7xu Жыл бұрын
Best introduction to trial balance I have seen on KZbin.
@a.beaverhausen1140
@a.beaverhausen1140 2 жыл бұрын
Awesome video for students & new auditors! Keep up the great work!
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
I appreciate you thank you!
@johnoloyede4153
@johnoloyede4153 2 жыл бұрын
Mr.Carreto thank you so much, this is excellent.
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Appreciate you bro! Glad I could help.
@garyherndon1222
@garyherndon1222 9 ай бұрын
I Just found your page. I’m hooked. I would elaborate, but I’m at the gym. Keep it simple- stupid. The simplicity of the delivery & content are impeccable! Thank you
@jayaseto
@jayaseto Жыл бұрын
Thanks man, I did accounting and got a job as an auditor this is will be very useful when I undertake the audit of the FS come July
@msbelen2532
@msbelen2532 2 жыл бұрын
Thanks a lot 🤗 Right on time for my career
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Great! Please leave me a comment on any other topics that come to mind.
@rhodakejik43
@rhodakejik43 Жыл бұрын
You are good teacher. Please make the video on how you came up with spreasheet
@dawatv61
@dawatv61 2 ай бұрын
Mr.Carreto thank you so much, this is excellent. we need the full process please please please
@tanyarolle8001
@tanyarolle8001 10 ай бұрын
Please Know that this video is just great quality! A whole course in 30 minutes
@BryanCarretoCPA
@BryanCarretoCPA 10 ай бұрын
I appreciate you! Thank you
@ronaghimire
@ronaghimire 2 жыл бұрын
You earned a subscriber! Much love to you and your channel. Hope you do the worksheet video soon. People like me who loves to learn will be so grateful ❤️
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Thank you! What worksheet were you referring to? How to prepare a Trial Balance? If you have any questions please let me know
@ronaghimire
@ronaghimire 2 жыл бұрын
Thanks to you for replying. I was talking about work paper that you have prepared in this video. Can you make a video on this please. I am a newbie and I am struggling to make proper and efficient work papers for analysing data. And thank you in advance for all the great video you will do in future. 🙏🏻❤️ And yes please continue this series.
@linkercasas1004
@linkercasas1004 3 ай бұрын
Te aventastes carnal!! I love how you incorporate examples along with relevant software commonly used in audits, such as Excel. Thanks for showing how it's done in a practical and functional form. 🤝👍
@ChristianCPA
@ChristianCPA 10 ай бұрын
I like this guy! He knows his stuff!
@BryanCarretoCPA
@BryanCarretoCPA 10 ай бұрын
I like you too haha.. appreciate it bro
@miriambrown6229
@miriambrown6229 7 ай бұрын
Subscribed!! Thank you for taking the time out of your busy schedule 😘
@evang8472
@evang8472 Жыл бұрын
Well done!!I'm an associate and been looking for this.Ur content is on point.Thank you.Looking forward to watch more of your videos.
@jonathanrianto4668
@jonathanrianto4668 6 ай бұрын
This is so informative and elaborate, i wish if you could make a video of how to do analytical procedures to test all items of the TB and maybe an excel template.
@CPA-lx4dy
@CPA-lx4dy 3 ай бұрын
Really helpful! Hope you make a lot more videos like this!
@kru_tp369
@kru_tp369 2 ай бұрын
Very informative video. Thank you for posting it.
@pema4624
@pema4624 Жыл бұрын
thank you so much! I am struggling at my job and this is very helpful~ very new to audit.
@aRiyomi
@aRiyomi 2 жыл бұрын
Great video and thanks for being a helpful mentor to audit trainees. We all wish that we could receive the same amount of training and support as you provide your mentees.
@GouAndSotsuWereMistakes
@GouAndSotsuWereMistakes Жыл бұрын
Thanks mate, this is better than our firm's training video.
@charlesoparah3178
@charlesoparah3178 9 ай бұрын
Bryan, excellent job. Please make a video on how you developed the WP from scratch. Thanks bro.
@brp7016
@brp7016 Жыл бұрын
Any plans to continue this series!? This is seriously great content !!!
@BryanCarretoCPA
@BryanCarretoCPA Жыл бұрын
I will definitely be releasing an entire audit series that covers all main parts of a financial statement audit. More to come..
@jondoe5590
@jondoe5590 Жыл бұрын
Can you do a vid on "Balance Sheet reconciliation" please? Lots of job descriptions require this skill, but I only learned about bank reconciliations in school.
@charlesoparah3178
@charlesoparah3178 Жыл бұрын
Hello Bryan. Very helpful video. Thank you. Please Please make a video about how you prepared the WP from scratch. Thank you.
@dennislartey5566
@dennislartey5566 Жыл бұрын
Please do a video on how to develop a working paper
@jiscarkavick2952
@jiscarkavick2952 5 ай бұрын
Can you establish a complete audit of financial statements. Your videos is so real practical. And that's the point that everyone should do. Thank you
@tosinfayiga1044
@tosinfayiga1044 Жыл бұрын
Thanks Bryan for this insightful lesson. Please can you do videos on how you generated this trial balance from scratch and another video on statement of change in equity and valued added statement in the financial statement. Please Bryan be a little slow in explaining as I am a slow learner. Thanks once again for the good work you do.
@charlesoparah3178
@charlesoparah3178 Жыл бұрын
Bryan shortcut video please. Thanks
@nohakhattab2427
@nohakhattab2427 Жыл бұрын
Extremely useful thank you so much !!
@sarthakapte7288
@sarthakapte7288 11 ай бұрын
Can you make a video on how to audit inventories and fixed assets
@belindabrooks7620
@belindabrooks7620 9 ай бұрын
This was so helpful! Subscribed!
@nigarlalayeva3419
@nigarlalayeva3419 8 ай бұрын
That’s extremely helpful, thanks for the help
@erfansharifi7969
@erfansharifi7969 6 ай бұрын
loved this
@ahmednagy3234
@ahmednagy3234 8 ай бұрын
Thank you, Bryan. Can you please share with me the worksheet?
@stikofbota6499
@stikofbota6499 2 жыл бұрын
More like this one ☝️
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Gotchuu bro!
@chideraozomma8035
@chideraozomma8035 7 ай бұрын
This was so insightful.
@AndreA-qp6in
@AndreA-qp6in 2 жыл бұрын
Great video, thank you! When you have some time please make a video on how to analyze cash flow and preform work throughs
@Joe-h6s
@Joe-h6s 26 күн бұрын
Damn Holmes, that was kick a$$. Thank$
@BryanCarretoCPA
@BryanCarretoCPA 22 күн бұрын
I appreciate you brother! Thank you
@amanda2890
@amanda2890 2 ай бұрын
9:02, me checking my client's TB: oh shit its out of whack, im finished
@waeeeezeeeee
@waeeeezeeeee 2 жыл бұрын
omg ive been searching for this type of video ! T_T
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Appreciate you bro!
@abdoulienyassi884
@abdoulienyassi884 Жыл бұрын
Wonderful job, but could you make a on how to prepare full financial statements reports. I believe it could be much helpful.
@Mk-jz7ty
@Mk-jz7ty Жыл бұрын
Thank you for your amazing video; Can you please do a video on payroll audit. ADP report vs Income statement payroll line item.
@lizziejumbe5777
@lizziejumbe5777 10 ай бұрын
So helpful, thank you!
@christopherreed3019
@christopherreed3019 2 жыл бұрын
When you have a credit balance Account receivable, that means you OWE
@sulemanhassanali
@sulemanhassanali 2 ай бұрын
Thanks
@hamzahfrs6548
@hamzahfrs6548 Жыл бұрын
Thanks a lot this is really helpful
@sarthakapte7288
@sarthakapte7288 11 ай бұрын
Can you ma'am video on how to audit inventories and fixed assets
@sarthakapte7288
@sarthakapte7288 11 ай бұрын
Make
@denisseh3946
@denisseh3946 Жыл бұрын
What about a video on journal entry testing? My senior said I’m working on this next month for a job I’m on… think you could make a video on what this is?
@YujuanLiu-s1x
@YujuanLiu-s1x Жыл бұрын
love your vidoes. Please make more vidoes !!!
@musicreboost
@musicreboost 2 ай бұрын
Excellent video, could you record a video with cash flow analysis? ❤
@financialservicesprofessio7377
@financialservicesprofessio7377 28 күн бұрын
I need your professional advise. I am a CPA, for about 6 years, but have never practiced. I have always worked in the private sector and never as an accountant. However, on the side, I do a few bookkeeping and taxes. I am comfortable with qb software and the principle of accounting. Today, my CEO instructed me to perform a complete audit of our books, as though I was an outside auditor. He wants me to audit every expense, payables, and income. He has a feeling that staff have been messing up somewhere but he could not be sure. We are a small company with about $3M in revenue. And, we are in a subscription business. How would you approach this situation? I have zero experience in this area, but it will be a good practice, since I am not out there examining other people's books. Any suggestions would be greatly appreciated. Sincerely, MB
@nanyongacissy-w5y
@nanyongacissy-w5y Жыл бұрын
PLEASE MAKE A VIDEO ON HOW TO CREATE A WORKING PAPER
@tecfab4557
@tecfab4557 2 жыл бұрын
Very informative, thank you. When you have the chance, can you please make a video on risk assessments and internal controls? Thanks🙏🙏
@hasinarafenoarisoa3747
@hasinarafenoarisoa3747 Жыл бұрын
Thank you so much! Could you share (upload ) this file according audit of trial balance, please? How to audit the intangible assets, please?
@denisseh3946
@denisseh3946 Жыл бұрын
Have you made a shortcut video? For excel
@allison1876
@allison1876 Ай бұрын
Yes please shortcut video I need it 🥹🥹🥹🥹
@hasinarafenoarisoa3747
@hasinarafenoarisoa3747 Жыл бұрын
Could you make videos about NPO Auditing, please?
@jnkvngz2965
@jnkvngz2965 Жыл бұрын
Great insights!
@olayinkayisa2477
@olayinkayisa2477 Жыл бұрын
Awesome
@hansredgate1
@hansredgate1 2 жыл бұрын
Quick question, you see prepaid as being quantitatively immaterial 0 balance at reporting so it won’t be tested. However, would you do then more testing on opex or cogs closer to cutoff period? Or would this be verified with testing of payables?
@alfonzaareid8883
@alfonzaareid8883 2 ай бұрын
How much do you charge though? I need mines audited please.
@BryanCarretoCPA
@BryanCarretoCPA 2 ай бұрын
DM me on instagram
@oyebolaakinyemiaca9592
@oyebolaakinyemiaca9592 Ай бұрын
@BryanCarretoCPA
@BryanCarretoCPA Ай бұрын
Thank you
@nidhilakhani9340
@nidhilakhani9340 8 ай бұрын
Please create video audit workpapers for each line item
@tosinfayiga1044
@tosinfayiga1044 Жыл бұрын
Plaese Bryan, can you kindly avail me any of your social media address with which i can reach you incase i have a question or there is something i do not understand? Pleaseeeeeeeeeee!!!
@tosinfayiga1044
@tosinfayiga1044 Жыл бұрын
Plaese Bryan, can you kindly avail me any of your social media address(WhatsApp or telegram)where i can reach you incase i have a question or there is something i do not understand? Pleaseeeeeeeeeee!!!
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