Lecture 19 | CA Inter Audit Fastrack For Jan 2025 Exam | SA 500 and SA 505 |

[@shailjasharma_22]

Best teacher for audit ❤❤ first time ese teacher se pdh rhi hu jo audit ratt vate nhi smjhate h thanku so much sir 😅😅

[@priyanshushukla5938]

Sach me yr sahi kaha😍

[@vikashbhardwaj2959]

Love from Uganda bro

[@dimple___]

Really

[@omkar6998]

Even I feel the same, damn I regret not taking classes from him, he is amazing

[@khanakbathla2321]

@@omkar6998 same feeling

[@BADRINATHh]

00:15 Chapter 4 covers various important audit evidence assessments. 05:22 SA 500 and SA 505 are important essays for CA Inter Audit. 10:54 External confirmation process and types of confirmation letters. 13:53 Confirmation procedures for outstanding balances 18:47 Understanding the process of external confirmation procedures 21:35 Refundable deposits and agreements must be confirmed 25:53 External confirmation types: Positive and Negative 28:03 Understanding positive and negative affirmations in replies 32:56 Importance of providing requested information in audit process 35:10 Importance of verification in confirmation requests 39:38 Negative substantive audit procedure usage conditions 42:09 Identifying exceptions and applying negative thinking 46:41 Side agreements should be absent to minimize risk in the business 48:48 Handling refusal to send confirmation letter 53:46 Refusal by management to send confirmation request is a limitation on audit evidence. 55:35 Importance of confirming information to mitigate fraud risk 59:42 Factors influencing audit risk 1:01:50 Understanding and importance of audit evidence 1:06:40 Audit evidence is crucial for arriving at conclusions. 1:09:02 Importance of audit evidence in accounting records 1:14:31 Inconsistency in audit evidence leads to reliability doubts 1:16:31 Understanding Reliability of Audit Evidence 1:22:06 Understanding evidence relevance and reliability in audit 1:24:16 Understanding the receipt of Rs 50 lakh from a party 1:28:28 Importance of audit evidence based on materiality levels 1:30:47 Understanding audit procedures and obtaining audit evidence. 1:36:16 Observation and inspection are key audit procedures. 1:38:43 Obtaining audit evidence through procedures and methods 1:42:56 Importance of maintaining an audit trail 1:45:00 Understanding audit trail and selecting items for testing 1:49:18 Procedures to obtain audit evidence 1:51:21 Auditor's evaluation of expert's work 1:56:37 Understanding compliance with standards and regulations 1:59:05 Auditor can use the work of management expert under specific conditions 2:04:06 The lecture covers elements of Micro and Macro environment. 2:06:23 Covering important topics in BC and value creation

[@sammedrasane1560]

Thanks bhai 👍

[@govtof1676]

I dont have money to buy live classes but i want to assure you this lecture is enough me for passing the exam❤ thank you sir dua lagegi aapko hamare itna sb kiya aapne you are the best teacher of audit industry❤ love u sir

[@CARaghavGarg_11]

SA505 SA500: 01:02:10 FURTHER STRATEGY 02:02:00

[@samarthkadam712]

1:49:35 Management Expert

[@aniketfalake3332]

Agent 😂

[@pikachu321go]

If more than 1 like is allowed in yt..i have had liked it 100 times...best audit guru ❤️

[@shi-hai525]

sa 500 audit evidence 1:06:00 lec khatam 2:01:00

[@muskanpandeyfca1971]

SA505 3:50 SA 500 1:05:30-2:01:32 THANKYOU SOO MUCH SIR FOR PROVIDING CONCEPTUAL AND QUALITY SESSIONS😇 VERY AMAZING AND HELPUL SESSION REALLY ENJOYED🤩

[@rajukumarsah9106]

SA - 505 6:15 SA - 500 1:02:10

[@chiragwadhwa4795]

2:08:00 How to revise SM chapter 5

[@rachana8903]

Sir your classes are helping me a lot n m sure i will come and edit herr and say i have cleared my sept 2024

[@rachana8903]

May god bless you sir

[@abma60]

@@rachana8903 hua clear?

[@shubhambajaj9733]

Hogya?

[@abdullahh06]

Audit Trail - 1:39:49

[@kaushikray7376]

3:50

[@Alonemanga]

Kapil goyal student here after an attempt 😅😢

[@TheHarshadaPatil]

Love you Sirrrrr🥰😍 Usse bhi Jyada Thank you 😇😇

[@TheAdityaGoswami]

1:00:21 Priorities 1:48:56 Priorities

[@vamamehta]

if i clear audit in this attempt it will only because of you sir... thankyou for giving me hope😊

[@vikramkumar-hw7dp]

Did u clear?

[@VikasKumar-zg9hd]

1:40 Audit Trail 1:50 Management Expert

[@shubhambajaj9733]

Bhai hogya?? Clear

[@Suraj-rd5we]

Superb session sir ....lot of thanks sir

[@pooja-cr1mx]

THANK YOU FOR PROVIDING SUCH A QUALITY SESSIONS SIR .. LOVE THE WAY YOU TEACH ..VERY CONCEPTUAL AND HELPFUL

[@ajinkyaborgikar]

1:39:46 - Audit Trail

[@radhika.bhargava]

BEST TEACHER FOR AUDIT, Thankyou so much Sir 💯💯💯

[@prateek.aditya]

What was last 10 min didn't get it ... Ch5 ch2 no topic such exists

[@tanzeeladau362]

That discussion was on SM's chapters

[@vaishnavimali0927]

Amazing session sirji.....❤ #RJSIR❤💯 #alltimefav❤ #favsir❤💯 U r the Best faculty I ever meet......❤❤

[@SonuSaini-sg5ur]

Yas

[@SonuSaini-sg5ur]

Itna bda dil h 10000k ka lecture free ma❤❤

[@swrnasingh182]

3:50 (505) 1:05:30 (500)

[@vidyagholap177]

i am seeing your fast-track lecture.. kisi bhi chij ko rattavane ke bina pura SA 505 dimag me full fitt krva diyaa aapne ...sir mene jis sir se regular lecture liye the unko aapke lectures ki bohot jarurat he....🙂🙂🙂taaki wo apna audit ratvane ka tarika bnd kr ske.

[@princelunker]

kisse liya tha bro ??

[@sujalpatni6352]

Shyd sk ​@@princelunker

[@GurmeetSingh-mr3kw]

In which lecture has sir explained assertion of SA 500 ??

[@prachikala7157]

SA 550 kaunse lecture pe h sir... I am preparing for sept first time

[@MEET-no9sq]

sir how to differentiate between management expert SA 500 and internal auditor SA 610 question

[@yashica9196]

Great lecture🌟

[@ashijain1755]

Thank you soo much sir ❤

[@caaspirantsshrutijha118]

Such a wonderful lecture ❤

[@heyiam20]

Sa 501 and 510 sir ne nhi karaya hai na?

[@TAMIMSALMAN-pb5rx]

1:32:00 Audit Procedures Methods

[@motivationwithspirituality]

7:05 Start 505

[@SlonSharnagat]

1:02:11 SA 500

[@joeybing-v5x]

1:34:28 audit procedures

[@priyanshagupta5420]

Thank you so much sir❤

[@nirmitishah2986]

Tysm sir ❤😊

[@simrandudeja]

45:34 side agreement

[@AishwaryaKamble-t2n]

Audit Guru ❤ explanation ✅

[@trishagupta9848]

SA 500 1:05:00

[@atharvabudake8222]

Is SA 240 auditor's responsibility with respect to fraud deleted ?

[@Bittukumar-wy1kf]

Tranfer to final

[@atharvabudake8222]

@@Bittukumar-wy1kf thank you

[@ishikabhandari8606]

SA 550 or ye kha pr h please koi bta do yr

[@prachikala7157]

samw doubt ni mila

[@nehasingh812]

57:35 imp 505

[@aryanguptavlogs8017]

Best audit teacher

[@souravmodi4657]

SA 505 - 6:50

[@simpikumari3956]

Thankuuu sir❤️

[@caaspirant6603]

SA 505 : 6:43 - 1:05:30

[@prabhat2002]

1:06:04

[@abhineetsrivastava0137]

SIR FROM WHERE TO GET THESE NOTES PDF NOTES..

[@Earningsupport.20]

bhai mile kya?

[@abhineetsrivastava0137]

@@Earningsupport.20 nhi bhai

[@sujalpatni6352]

I have the pdf

[@abhineetsrivastava0137]

@@sujalpatni6352 If possible pls share

[@uttamsharma4292]

SIR PLEASE PROVIDE SA 501 LECTURE

[@uwu-tw7vh]

Did you get it?

[@uwu-tw7vh]

Does anyone know in which lec sa501 has been taught

[@ashishsharmakkk]

very helpful

[@kavita6136]

Sir please do videos in English sir, it may useful for South Indian students

[@tanishadalal111]

Thank you sir

[@MukeshKumar-hc6wj]

Thank you sirji❤❤❤

[@jaykantpandav5175]

Thank you ❤

[@babitaaggarwal8457]

Thank you sir

[@abhiinav04]

Great sir.. 🔥

[@urvishabhimani1011]

Sir Audit ke lectures kab tak complete ho jayenge?

[@AftabAnsari-bm1zp]

Day 1 ki lecture dekhlo pta chal jayega

[@smeyy5038]

26 march

[@CaaspirantRahul]

Best Revision

[@tarunasingh6931]

Thankyou very very much❤

[@gouthamkarna5220]

Thank You so much much much sir

[@mayurrathva42]

regular se jyada yahan understandingg aa rhii haii sirr🤍

[@sakshibhingude9760]

Is SA 450 not covered in fastrack?

[@soniyabansal1626]

Lecture 25

[@Bhagya127]

Has sir taught SA 320? Materiality concept??

[@thakurbadal1547]

No not that difficult

[@Bhagya127]

@@thakurbadal1547 so sir is not going to teach that?

[@thakurbadal1547]

@@Bhagya127 sir p depend krta h waise kra denge 🤗

[@jaynagar01]

He said in one lecture that he will give some imp questions related to this SA as such it is not that much important as SA 315 & 330 hold more importance in chapter 3 from exam point of view... ( According to sir ) So he is not going to cover it in this fastrack

[@manasvimaheshwari4429]

Besttttttttttttttttttt❤

[@saranshsaraiwala7335]

Sir ne 320 k revision krwaya h kya

[@tusharaggarwal2151]

1:06:00

[@simrandudeja]

thankyousomuch sir

[@Aditya_Singh_28]

Relevance Sufficient Audit trail

[@nitishagarwal6205]

To kya avi bhi chance hai ki pronouncement se inter me question puche

[@vikashbhardwaj2959]

Love from uganda

[@anant_sureka]

tysm,hare krishna

[@sunilsontakke1274]

00:15 Chapter 4 covers various important audit evidence assessments. 05:22 SA 500 and SA 505 are important essays for CA Inter Audit. 10:54 External confirmation process and types of confirmation letters. 13:53 Confirmation procedures for outstanding balances 18:47 Understanding the process of external confirmation procedures 21:35 Refundable deposits and agreements must be confirmed 25:53 External confirmation types: Positive and Negative 28:03 Understanding positive and negative affirmations in replies 32:56 Importance of providing requested information in audit process 35:10 Importance of verification in confirmation requests 39:38 Negative substantive audit procedure usage conditions 42:09 Identifying exceptions and applying negative thinking 46:41 Side agreements should be absent to minimize risk in the business 48:48 Handling refusal to send confirmation letter 53:46 Refusal by management to send confirmation request is a limitation on audit evidence. 55:35 Importance of confirming information to mitigate fraud risk 59:42 Factors influencing audit risk 1:01:50 Understanding and importance of audit evidence 1:06:40 Audit evidence is crucial for arriving at conclusions. 1:09:02 Importance of audit evidence in accounting records 1:14:31 Inconsistency in audit evidence leads to reliability doubts 1:16:31 Understanding Reliability of Audit Evidence 1:22:06 Understanding evidence relevance and reliability in audit 1:24:16 Understanding the receipt of Rs 50 lakh from a party 1:28:28 Importance of audit evidence based on materiality levels 1:30:47 Understanding audit procedures and obtaining audit evidence. 1:36:16 Observation and inspection are key audit procedures. 1:38:43 Obtaining audit evidence through procedures and methods 1:42:56 Importance of maintaining an audit trail 1:45:00 Understanding audit trail and selecting items for testing 1:49:18 Procedures to obtain audit evidence 1:51:21 Auditor's evaluation of expert's work 1:56:37 Understanding compliance with standards and regulations 1:59:05 Auditor can use the work of management expert under specific conditions 2:04:06 The lecture covers elements of Micro and Macro environment. 2:06:23 Covering important topics in BC and value creation 2:10:33 Focus on recording lectures for Chapter two and five for exam preparation. 2:12:25 Students will receive guidance in the last two live sessions on how to study technically for SM. Thank You 🙌🙌🙌🙌

[@satyaprakash-dk3ke]

1:02:08 SA 500

[@naman_tosh]

1:02:01

[@yashjaiswal2140]

Thank you so much sir jiii ❤❤