CHAPTER 14 BANK AUDIT REVISION BEST VIDEO COVERING ALL THE CONCEPTS CA INTER BANK AUDIT Nov 23

[@eashanbagaria9888]

00:28 Complete revision of bank audit concepts with question bank 02:17 This session covers comprehensive bank audit revision. 03:49 Understanding internal controls in various chapters 04:38 Team planning and partner communication in bank audit 06:19 Understanding bank business is crucial for bank audit 07:08 Bank audit basics and regulations overview 08:48 Understanding bank assets and income generation 09:36 Understanding business components is essential before delving deep into audit concepts. 11:10 Verification of operating expenses for their treatment in IT 12:01 Detailed analysis of audit issues in banking sector 13:27 Discussion on bank advances and audit reports 14:12 Types of Advances provided by banks 15:46 Discussion on Funded vs Non-Funded facilities in banking 16:27 Understanding different types of loans in bank audit 17:42 Covered key concepts of bank audit in Chapter 14 18:23 Understanding the types of security required by banks. 19:48 Understanding different types of securities in banking 20:31 Banks provide loan against various types of securities. 21:57 Understanding the concept of premium and security in bank audits. 22:41 Understanding the concept of mortgage and agreement with the bank. 24:03 Understanding the concept of registered mortgages and equitable mortgage 24:50 Understanding loan assessment criteria in bank audit 26:14 Understanding Ownership in Bank Audit 26:59 Equitable charge created in favor of the landing bank by execution of hypothecation agreement in respect of movable security 28:36 Opening an account in SBI bank for retirement planning 29:21 Combining Deposit and Loan accounts in Bank Audit 30:46 Importance of security creation in bank audits 32:09 Understanding key concepts in bank audit 34:01 Difference between Overdue and 90 Days 34:54 Non-performing asset (NPA) and its impact on bank audit 36:21 Understanding bank limits and agreements 37:10 Concept of Out of Order in Bank Audit 38:42 Maintain withdrawals within limits and credit continuity 39:21 Understanding the concept of Provision in Retirement 41:51 Understanding the concept of Loss Assets in Banking Audit 42:38 Understanding the classification of NPA and examples of Vijay Mallya's bank accounts. 44:15 Bank audit: Verification of account wise check 45:02 Understanding asset classification and facility monitoring 46:31 Understanding the concept of bank audit revision 47:24 Financial transaction discussion between individuals. 48:57 Bank audit revision concepts 49:48 Understanding asset classification and accounts handling 51:29 Bank will classify loan guarantee based on government type 52:17 Discussion on defaulting on a loan and its implications 54:05 Understanding exception asset classification in bank audit 54:52 Reverse all already recognized income in account ANPE 56:25 Understanding the concept of EMI and its implications on bank audits. 57:09 Misunderstanding about the functioning of SBI bank 58:36 Understanding drawing power and Sensual limit in cash credit account. 59:47 Borrower's Sensual Limit and Loan Approval 1:01:31 Bank update inventory value regularly 1:02:17 Cash credit account lead bank responsibilities and DPI allocation 1:03:41 Understanding bank audit concepts related to asset advances and securities 1:04:26 Understanding account audits and fraud detection 1:05:58 Reclassified assets with value below 50% 1:06:44 Understanding and applying NPA's doubtful provision and security value 1:08:42 Understanding security in bank loans 1:09:31 Accounting treatment for unrecognized income 1:10:55 Recognizing income when guarantees are provided 1:11:45 Discussing exceptions and internal control components 1:13:17 Repayment recovery will be reduced based on the change in natural calamity terms 1:13:57 Understanding components of advance and interest in bank audits 1:17:02 Concept of Interest Notepad in Bank Audit 1:17:53 Understanding the concept of interest-bearing staff advances and bank portfolios 1:19:24 Long Duration Crop vs Short Duration Crop 1:20:05 Loan computation and margin decision are important points for banks 1:21:26 The consideration for bank audits includes drawing power and sanction limit. 1:22:41 Importance of substantive testing in bank audit 1:24:22 Bank's control checks during advance disbursement 1:25:03 Understanding the different types of securities for loans 1:26:27 Importance of security in bank audit 1:27:07 Regularly check and control the drawing power and sanction limit within the account. 1:28:27 Checking completeness, accuracy, and existence in bank audit 1:29:06 Verification of obligations and representations in financial statements 1:30:21 Importance of bank audit documentation and security measures 1:31:02 Understanding the key concepts of bank revenue items 1:32:34 Understanding Gross Basis and Net Profit 1:33:20 Understanding cash basis for income recognition in an audit 1:34:44 Reversal of unrecognized income is required as per guidelines 1:35:23 Government guarantee advance and income recognition 1:36:47 Reverse income recognized against FD farmer development voucher, only exception for life insurance 1:37:35 Bank's treatment of Non-Performing Assets (NPA) 1:39:05 Bank's investment strategy and its placement 1:39:53 Understanding income joint venture and SLR 1:41:22 Quarterly cumulative balance check and interest calculation for auditors 1:42:08 Understanding interest rates and regulations in bank audits. 1:43:32 Importance of understanding provisions for Bank Audit 1:44:11 Auditor should perform and review payment provision and analytical review 1:45:31 Verification of loan classification and general ledger matching 1:46:12 Provisions and Contingencies in Bank Audits 1:47:31 Discussing different types of reporting in bank audit 1:48:17 Importance of Long Form Audit Report 1:49:36 Chapter Four Short Video Covering All Concepts in a Marathon Session 1:50:46 This video covers a rapid revision of bank audit for CA Inter 1:52:19 Importance of preparation for bank audits 1:53:00 Encouragement for students to attend classes and promise of continued service 1:54:32 Topic: Auditing in Banks Crafted by Merlin AI.

[@rachitasingh8061]

Arey bhai 😂

[@AR_iphel]

Sir I will achieve 70+ marks in audit definitely Thanku sir❤

[@janavijain31]

Loved how u treated ur daughter ❤

[@bikashsharma6029]

Love you sir, For the great concept of bank audit.

[@sanghamitrasahu8315]

59:07 - Drawing power 1:13:45 - Advance to staff/loan as employees

[@vandanasinghpatel1021]

Ekdum awesome tha sir , bilkul justify hai for revision purpose 😍😍😍😍😍 ,bas achieve karlenge apne decided marks, 👌👌👌👌 thank you so much for your efforts ❤❤ app hai to audit itna easy hai ,dar nhi lagta .

[@Sgb0007]

I will achieve 70 and more in audit sir ❤

[@artbysaryu_]

Great lecture! Thankyou sir

[@apoorvadana6284]

thank you so much sir....much appreciated🤩

[@shreyansjain1710]

Thank you soo soo much mere gurudev jii😊

[@PravinJogi-v2p]

Thank you sir. I will achieve 70 or more marks in audit.

[@shiwamagarwal5447]

AUDIT KING ... THANK YOU SO MUCH FOR THIS VIDEO

[@mayankbalhara1183]

40:31 - Classification as NPA & further topics

[@dhruvdeshpande1573]

1:21:54 audit of advance

[@ANKiTShArMa-mt9kl]

I will achieve 70 marks in audit in tomorrow exam 👍

[@Vedsaraogi-nb7lg]

thank you very much sir........amazingly taught💯💯

[@khushirewri1593]

I will give my best within given time period and score good marks in my exams ❤

[@jitendraagarwal8050]

Thank you so much sir ❤❤

[@daxFTS]

Yes sir I will work hard to score 70 + in audit ❤😊

[@Chartered_Edu]

Sir ye revision sessions Jan'25 kliye applicable hai na ? And can I do it as a first time reader ?

[@SavyaSah]

Best teacher ever❤❤

[@bishnusingh9004]

yes sir i will definitely score 70+ marks in audit in this exam

[@cbedits505]

Amazing session !! Thank you so much sirr 🙏🏼❤️

[@H-DIPJITBHOWMICK]

42:00:00 - Classification as NPA

[@nikhilgrover27]

I will achieve 80+ marks in AUDIT

[@sushantarora9501]

I will give my 100% to score 70+ in AUDIT ❤sir

[@Sanchitsoulmusic]

very nice thanks

[@prashantmishra8192]

Thank you sir for this lecture

[@tarunasingh6931]

Thankyou sir...will achieve exemption this time

[@Instantstatus0]

Kitna aaye

[@Harisvlog706]

@@Instantstatus0 L Lag gaye uske bhai

[@Harisvlog706]

@@Instantstatus0Mere to kaam hi aye

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@@Harisvlog706 kitne aye

[@Harisvlog706]

@@Instantstatus0 50 aye the but sm fm mai fail ho gaya tha

[@ShubhamKumar-qb4pd]

Thank you so much sir ji ❤❤❤❤❤❤

[@JAKIRKHAN-kg1yx]

Finally ye chapter bhi samjh aa gya ❤❤❤❤❤❤

[@amanchhipa4874]

Concept clarity king ❤️

[@shreyaskarrr]

Sir I'll achieve 70 marks in this paper

[@ruqayyamirza4439]

How much you got

[@shreyaskarrr]

@@ruqayyamirza4439 51🙂

[@vikashbhardwaj2959]

Mai aakar puchunga result ke din

[@Instantstatus0]

Kitna aaye

[@vikashbhardwaj2959]

Pass huya ji

[@ishaanmendse133]

EXEMPTION GUARANTEED SIR THANKS A LOT

[@Instantstatus0]

Kitna aaye

[@dhruvdeshpande1573]

55:25 consortium

[@vinaylohia7627]

Awesome lecture sir

[@nivruttimutkule7231]

CC Limit 36:33

[@vandanasingh7046]

Great sir 😊

[@goyalkhushi1]

sir i will definitely perform good

[@CAAspirant1245]

Sir I will do my best to score 70+ in audit 😊

[@shehzadshah6844]

good explaination

[@abhiseksahooofficials2636]

Sir I'll achieve 70+ marks in Audit

[@rekhatwinkle6253]

Sir I will score 70+ marks in audit

[@prakashkumargupta6113]

I'll surely achieve 70+ bhaiya

[@letitbehappy123]

Please give some guidance as to how are you preparing audit right now, ?

[@Vishal-tk6gi]

Ha Bhai kitne aye

[@aryanrastogi5908]

I will achieve 70+ marks.

[@muskansethia9850]

i will get 70+ marks in audit 🤞🤞

[@ashaboda7720]

Sir I will achieve 70+ in Audit for sure

[@Instantstatus0]

Kitna aaye

[@ashaboda7720]

​@abhishekbhardwaj143 I got 49 will try in next attempt

[@nimitugani4486]

Thank you sir👍❤️

[@sandipmaddheshiya5103]

i will achieve 70= marks in audit

[@AmitKumarNaharwara]

1:40:53 expense

[@shreyansjain1710]

Sir i will achieve 70 marks in Audit

[@mehulgoyal88]

Sir i will achieve 70 marks in audit...

[@yash10553]

i will achieve 70 plus in audit

[@Instantstatus0]

Kitna aaye

[@Souravkumar-zh3zk]

Sir i will acheive 70 marks in this paper

[@vaishnavi9319]

Thank you sir

[@kunalmakhija4084]

Sir,I will achieve 70+ in audit

[@user-nr1do3sx8k]

Kitna aaya

[@gadwalplayers9386]

Kitne aaye

[@sammohit-mohit]

yes

[@MeetPatel-ky8pb]

Sir i will achieve 70 + marks

[@aryankogta2003]

1:20:00

[@ajaygoyal6615]

46:22 4mqs

[@sammohit-mohit]

interest expended

[@Ankusshh]

thanku sir

[@mrrowdyvillain892]

46:03 Narendra Modi😂

[@sammohit-mohit]

interest

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investment

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advances

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[@ritukumari3686]

🎉👏

[@MohitGupta-nn4gu]

L 69

[@clvk9591]

I will try to score exemption in this attempt

[@Instantstatus0]

Kitna aaye

[@AnuragSharma-lp9wr]

ma kapil goyal

[@sammohit-mohit]

oo la la

[@financeandinvestmenttech2442]

50%

[@AnkitVerma-cp4gn]

❤

[@sammohit-mohit]

deposit

[@sammohit-mohit]

100%

[@praveenprajapat4549]

sir i will achieve 70+ marks in audit in this attempt

[@khushig512]

i will achieve 70 marks in audit

[@priyajoshi8943]

Thank uu so much sir❤

[@Foursomeeee]

Thank You Sir 🙏🏼

[@ChandniChaudhary-km4tc]

Thanku sir ♥️

[@shrutiksheersagar758]

Thank you sir

[@CAKapilGoyal]

All the best

[@shrutiksheersagar758]

@@CAKapilGoyal Thank you sir😊😊

[@sheetaldevrani7212]

thankyou sir

[@VaralakshmiNaidu-bo5lz]

1:20:30

[@vishal_patel_3415]

❤❤❤

[@Souravkumar-zh3zk]

Sir i will acheive 70 marks in this paper

[@Theyoungpravachanist]

Thank you very much sir ❤❤