00:02 Understand entity for risk assessment 02:00 Understanding business risks and factors affecting accounting policy changes. 06:01 Understanding the Entity is a Continuous Process 08:22 Inherent Risk and Control Risk are key components of risk assessment in auditing. 12:50 Roman mnemonic for non-routine transactions 14:47 Internal control ensures safeguarding of assets and compliance with laws and regulations. 18:32 Importance of ethical culture in control environment 20:15 TCW ji should have knowledge, independence, and respect. 23:57 Understanding control activities in risk assessment and internal controls 25:42 Significant risk means higher chances of material misstatement and fraud in complex transactions. 29:33 Understanding the benefits of evaluation of internal control 31:20 Internal control weaknesses can be identified through evaluation 34:49 Internal control gives a bird's eye view of transaction flow Crafted by Merlin AI.
@aaliyafatima29647 ай бұрын
sir, you won't believe I started revising this chapter today and was struggling since morning ! God sent you to my rescue today! Thankyou soo much sir
@rashidahaidary81127 ай бұрын
SAME
@garimavaidya51937 ай бұрын
Same here😂
@harshavardhand84867 ай бұрын
same bhai
@Rakesh-w1t8c7 ай бұрын
0:04 :Understanding entity & its Envir. 7:55 - Audit Risk 14:21 - IC ( Definition, Benefits, Limita.) 18:07 - Components of IC 28:07 - Controls relevant to audit 29:46 - benefits of evaluation IC 31:32 Methods of Evaluating Iac
@smit_vaghasiya_20206 ай бұрын
Thanks for giving extraordinary explanation and revision
@pulkitsethi142 ай бұрын
Thank you so much sir ❤ Definitely Sept'24 me audit me exemption score karengeee!!!
@bandarisneha20297 ай бұрын
Thanks you very very much sir....since past 2 days struggling with the chapter......now it's so easy just bcoz of u. Also please provide us for chptr 4 tooo sirrrrrr
@SrabaniKundu-o4u6 ай бұрын
Thank You So Much Sir.
@nanakjain167 ай бұрын
Much awaited
@Taetaevbunny11 күн бұрын
Full chap covered in this video?
@eri_weareoneEXO3 ай бұрын
Sir I'm really scared. I want to do well. I hope I'm able to clear exams in this attempt.
@Nisha-lp7be2 ай бұрын
same here bro I just hope ki last time jaisa hi results ho
@Devakumarch7 ай бұрын
Is full chapter covered in this video
@poojapoojary34277 ай бұрын
Thank you Sir for this revision lecture❤😊
@rashidahaidary81127 ай бұрын
Sir plz plz plz upload ch-5 Audit Procedures!! PS- thankyou so much for this revision lectures ❤
@n26513 ай бұрын
You are best ❤❤❤
@Bat_Ball_and_Fun6 ай бұрын
Thank you sir 🙏
@samruddhihegde90336 ай бұрын
24:40 control activities
@OreoCA1237 ай бұрын
Sir please saare chapters ki jaldi se daal di jiye revision videos much needed!
@priyamishra37997 ай бұрын
sir theory aur practical subjects me past kitne attempts ke rtps aur mtps solve karne chahiye?
@AjaySaini-hi9uh2 ай бұрын
@@priyamishra3799 3 is always sufficient..
@gallerio106 ай бұрын
7:00 continous 14:28 internal control
@jaykrishna73827 ай бұрын
Thank you so much
@nikitagarg227 ай бұрын
Bank audit pls
@VijaySingh-oy2eh7 ай бұрын
thank you sir
@sonaliprajapati11902 ай бұрын
I m like bas 30 min me pura revison ❤
@vallarigogate85742 ай бұрын
Are you doing the daily targets ?
@RupeshShaw0035 ай бұрын
Karam hai tho dharam hai 😊
@Manveersingh-t5h2 ай бұрын
thanks sir \
@Taetaevbunny10 күн бұрын
RPTS mean?
@shubhamkeswani10 күн бұрын
Related Party Transactions
@nitesh.u39877 ай бұрын
sir SQC 1 aur SA 220 330 ke liye ek video bana do help hogi
@Study-hx5wo7 ай бұрын
22:29
@viragkumarshah7 ай бұрын
23:14 lapu topic😅
@SnehaGarg-i5f3 ай бұрын
27:00
@janganman1427 ай бұрын
❤❤❤😊😊😊
@akankshaachawla2 ай бұрын
kzbin.info/www/bejne/Z6SalqeKaMh3g6M loved the session. so much learning with Fun as the BG reads. Highly appreciated
@Shivigupta03982 ай бұрын
Thank you sir ❤❤
@aayushichaturvedi78877 ай бұрын
Thank you so much sir........ The best and easy way to revise.