I just want to thank you from the bottom of my heart! ....all the way from Canada,....you are saving me, literally! The way you explain the concept make things clear and easy to understand!
Hey there, is that the "confirmations" for the audit procedures u wrote in the context diagram at the beginning should b 're-performance'??? Or they r the same thing?!! Thank you!!
+FION YUNG Hi! No - I did mean Confirmations. While re-performance is a Procedure listed in the appendices of ISA/ASA500 - I break that into Vouching and Tracing (which are the first two). Thanks for watching!
Dr. Amanda, I know you don't teach much on Statistical sampling, but I have one question that I'm hoping you could shed some light. If an auditor after testing the account balances assessed the risk of incorrect rejection, which means the auditor thought there were material misstatements when in fact it was not, why would an auditor consider to INCREASE risk of incorrect rejection? I thought the risk of the incorrect rejection was the conclusion, so how could you increase a conclusion?
+Shengyi Huang these are all recorded LIVE in the lectures here at UTS - I have the Explain Everything app on my iPad, a Rode smartlav+ microphone attached to the iPad earphone jack and connect to an AppleTV so that it appears on our big screen.
The best audit class i've listened to till now. Really nice and thanx
Thanks!
I just want to thank you from the bottom of my heart! ....all the way from Canada,....you are saving me, literally! The way you explain the concept make things clear and easy to understand!
Thanks Grace! You’re very welcome ☺️
Amanda, can we access to the PP slides link to this lecture on sampling?
Hey there, is that the "confirmations" for the audit procedures u wrote in the context diagram at the beginning should b 're-performance'??? Or they r the same thing?!! Thank you!!
+FION YUNG Hi! No - I did mean Confirmations. While re-performance is a Procedure listed in the appendices of ISA/ASA500 - I break that into Vouching and Tracing (which are the first two). Thanks for watching!
Thank you very much Mam..
Dr. Amanda, I know you don't teach much on Statistical sampling, but I have one question that I'm hoping you could shed some light. If an auditor after testing the account balances assessed the risk of incorrect rejection, which means the auditor thought there were material misstatements when in fact it was not, why would an auditor consider to INCREASE risk of incorrect rejection? I thought the risk of the incorrect rejection was the conclusion, so how could you increase a conclusion?
Hey would you mind telling me what software did you use to to do those lectures?
+Shengyi Huang these are all recorded LIVE in the lectures here at UTS - I have the Explain Everything app on my iPad, a Rode smartlav+ microphone attached to the iPad earphone jack and connect to an AppleTV so that it appears on our big screen.
Thanks
UTS stands for?
+Suiti Faavae University of Technology Sydney
Thank you. Nice presentation/lecture though.