What is audit assertion | How to do substantive testing in audit | How to ensure assertion in audit

[@catusharmakkar]

Sonu, Monu, Chetan & Pappu is waiting for you. We have launched the full course on Statutory audit with detailed explanation of each and everything. Sonu, Monu, Chetan & Pappu is there in whole series. I would recommend to just check out once. We have covered everything in deep. Here is the link www.catusharmakkar.com/

[@vidyasagar275]

Yes sir please make a separate video regarding materiality calculations and samples selection. Great work sir keep it up.!!!

[@adityachaudhari962]

Yes

[@nikitasingrodia8057]

Yes sir pls

[@mohitarora2842]

Yes bro I can relate to this MB51 and MB5B as I have done inventory audit of manufacturing listed client where SAP is there , although wonderfully explained !!

[@ansumitgautam3521]

Great video on assertions, your videos are the reason for every time I have commended by my senior and partners

[@saptarshimitra5200]

very nice , loved the presentation !

[@husainbhanpurawala7183]

Bro, Really appreciate the way you have explained the concepts practically. 😇

[@PK-hp3lh]

Me bhi aapki tarah help karna chahta hoon logo ki but utna experience and knowledge nae hai. Great job. Please continue...

[@loveforfinance5291]

As an employee in Big4 stat audit, these concept videos are really helpful. Thanks Tushar. Keep making them 😇 Please also make a video on Sampling techniques the way we do it in Big4. I am often confused. Thanks in advance :)

[@JyotiBhatia-ww7ql]

00:02 Testing is a subpart of execution that involves dividing the education into two parts: testing the control and testing the assertions of the balance sheet and P&L. 01:52 The key points about audit assertions are completeness, existence, accuracy, cutoff, and disclosure. 05:42 Substantive testing is done to ensure completeness in audit assertions. 07:40 The main focus is on ensuring completeness in audit. 11:19 Importance of the cutoff procedure in auditing 13:07 Audit assertion is about verifying the transfer of goods and responsibility in case of damages or issues. 16:45 Substantive testing in audit focuses on checking actual sales and ensuring proper disclosure. 18:13 Ensuring proper presentation and compliance with accounting standards is crucial in audit. 21:24 Verification of inventory in audit 23:12 The MB t-20 report provides information on inventory location and quantities. 26:26 Understanding the importance of audit assertions in ensuring accurate financial statements 28:32 Testing will be fruitful from this year onwards.

[@akashbiradar9050]

Arey tushar sir best series you have brought timepass video dekhne se aacha hai ki ye videos dekhlo best sir. Thanks for this practical knowledge. 💯 Really helpful sir request you to bring more such videos and keep going this trend of insightful videos.

[@PK-hp3lh]

Aaj kal ke log social media ka galat istemaal timepass kar rahe hai, you are doing right

[@darshnasondagar3820]

Very Good and In-depth explanation with examples. Thank you sir and keep spreading knowledge.

[@kavitharau]

Yes Sir, Good morning, We definitely want Sample selection techniques at Esteemed Honourable Big 4

[@sahilvyas1199]

Bohot maja aaya bhaiya SA 520 and ca inter audit ka chapter 5 ka indirect practical revision bhi hogyi Thank you bhaiya

[@bhoomisanghvi4968]

This was very helpful! Thanks alot🙏

[@caraeeskazi]

Very well explained!!

[@manisharora4908]

Hi.. Pl. make a video on Sampling and

[@meghna1997]

yes sir, a video on sampling please. very useful video. thank u so much for this. keep making such videos which enlightens us with the aspects of practical auditing experience. regular viewer of your videos.

[@catusharmakkar]

Now already there :)

[@nikitaagarwal3929]

Awesome explanation

[@starsandmoon8292]

Bhai apko loads of thanksss

[@vaishalibhardwaj2641]

Can u explain practically COGS kaise compute krte h

[@divyarathod7883]

Best video ever

[@rasneet6154]

Sir please make video on sampling also

[@akashagrawal7488]

Good video. Please make one video on the preparation of the statutory Audit Plan.

[@catusharmakkar]

Soon

[@cnh8039]

Difference between mb52 and mb5b ?

[@nehatiwari6350]

Informative . Sir pls make on sampling.

[@deepikajoshi89]

Ty sir very informative

[@virtualreality1705]

Sir aapne toh practically grp 2 CA inter ka audit subject revise Kra diya.

[@casahajjain9106]

Thankyouuuuuu very much

[@Asli_Minority]

U r amazing brother

[@catusharmakkar]

Thank you so much 😀

[@Asli_Minority]

@@catusharmakkar Your videos helped me prepare for KPMG senior interview for stat profile, thanks a ton

[@ankitmundhra7260]

Please prepare a video on test of control

[@ubaidrahi2675]

Really helpful

[@komal130494]

Thankyou sir

[@ayushisharma3455]

Plz make video on sampling 🙏🙏

[@shreeyaagarwal719]

Awesome

[@riyaganotra4961]

is there any assertion notes?

[@komal130494]

Please make video on IND as 115

[@gaurava.2897]

Sir other liability, unrecorded liability cut off procedure pe video banani ye please

[@ajitkanxo5078]

Tnq its too good

[@PK-hp3lh]

Baki sab kitabi Gyan dete hai, aap practical Please make more videos

[@PK-hp3lh]

Inventory ka completeness thoda detail me batao please

[@akshatbansal8211]

Hi sir. I'm Akshat. I have 3 years experience in accounting and i have good practical knowledge of accounting but i am interested to learn practical knowledge about auditing & want to do that. So can i do that please help me. My qualification. Graduation complete in 2021

[@adityashinde1732]

Join ca bro

[@PK-hp3lh]

Mb52, mb5b... Thoda samajh kum aaya, please explain in detail

[@Mamamachaavlogs]

Cutoff procedures one video please

[@nm4oo]

I was from an old syllabus can I join your statutory audit master class

[@catusharmakkar]

Yes you can. Available for everyone who has basic audit knowledge

[@nehajindal1396]

Sir ind as adjustment ki video banao ajkl yahi trend m h interview m

[@catusharmakkar]

Sure Neha.. will try to make it soon

[@rajkumard7147]

Sir kindly add subtitles ...

[@PK-hp3lh]

Sampling pe bhi video banao

[@catusharmakkar]

Already there pls check

[@PK-hp3lh]

@@catusharmakkar haan dekha Maine. Thanks. Lekin bhai kuch aur batao na practical experience and everything audit me Aur koi to batata nae hai, itna nek kaam kar rahe ho. Acha lagta hai khusi hoti hai dekhke. Restoring faith in humanity...

[@explorehimalaya8120]

Kya hall hai 🎉😂

[@mounica7015]

Pls make videos in English or atleast add subtitles so we non Hindi people will also able to watch ur video

[@catusharmakkar]

I have added subtitles in few of the videos.... Will add in this video in upcoming days ..

[@mounica7015]

@@catusharmakkar tq

[@PK-hp3lh]

Hindi me hi samjhana, easy to understand. English me maza nahi aata. Hindu rocks when hindi talks

[@hamidullahmd7531]

speak slowly

[@umeshkumarkottur3121]

Sir please make video on sampling also

[@catusharmakkar]

already there :)