Risk Assessment & Internal Control Revision | CA Inter Audit | CA Shubham Keswani (AIR 8)

[@daneshgodi66]

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.

[@aaliyafatima2964]

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

[@rashidahaidary8112]

SAME

[@garimavaidya5193]

Same here😂

[@harshavardhand8486]

same bhai

[@Rakesh-w1t8c]

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_2020]

Thanks for giving extraordinary explanation and revision

[@pulkitsethi14]

Thank you so much sir ❤ Definitely Sept'24 me audit me exemption score karengeee!!!

[@bandarisneha2029]

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

[@nanakjain16]

Much awaited

[@SrabaniKundu-o4u]

Thank You So Much Sir.

[@n2651]

You are best ❤❤❤

[@samruddhihegde9033]

24:40 control activities

[@Bat_Ball_and_Fun]

Thank you sir 🙏

[@poojapoojary3427]

Thank you Sir for this revision lecture❤😊

[@jaykrishna7382]

Thank you so much

[@rashidahaidary8112]

Sir plz plz plz upload ch-5 Audit Procedures!! PS- thankyou so much for this revision lectures ❤

[@VijaySingh-oy2eh]

thank you sir

[@eri_weareoneEXO]

Sir I'm really scared. I want to do well. I hope I'm able to clear exams in this attempt.

[@Nisha-lp7be]

same here bro I just hope ki last time jaisa hi results ho

[@nikitagarg22]

Bank audit pls

[@OreoCA123]

Sir please saare chapters ki jaldi se daal di jiye revision videos much needed!

[@Manveersingh-t5h]

thanks sir \

[@Study-hx5wo]

22:29

[@gallerio10]

7:00 continous 14:28 internal control

[@Devakumarch]

Is full chapter covered in this video

[@priyamishra3799]

sir theory aur practical subjects me past kitne attempts ke rtps aur mtps solve karne chahiye?

[@AjaySaini-hi9uh]

@@priyamishra3799 3 is always sufficient..

[@RupeshShaw003]

Karam hai tho dharam hai 😊

[@SnehaGarg-i5f]

27:00

[@nitesh.u3987]

sir SQC 1 aur SA 220 330 ke liye ek video bana do help hogi

[@janganman142]

❤❤❤😊😊😊

[@viragkumarshah]

23:14 lapu topic😅

[@sonaliprajapati1190]

I m like bas 30 min me pura revison ❤

[@vallarigogate8574]

Are you doing the daily targets ?

[@akankshaachawla]

kzbin.info/www/bejne/Z6SalqeKaMh3g6M loved the session. so much learning with Fun as the BG reads. Highly appreciated

[@Shivigupta0398]

Thank you sir ❤❤

[@aayushichaturvedi7887]

Thank you so much sir........ The best and easy way to revise.

[@aamnakhan2932]

Thank you so much

[@kanak_aggarwal]

18:48

[@krrishchamoli2726]

15:45