Hi. If I don't remember wrong, you've said that auditors must gather evidence which cover all assertions. Is this true for every account, regardless of the risk? E.g. 1: an account, which is not a significant risk but the value exceeds the materiality level. E.g. 2: an account which fall belows materiality, and does not have any significant risk.
Hi FlatTube! When it comes to immaterial accounts - eg petty cash in a top 100 company - there is the option to skip auditing it altogether. But for an account that is material - though not specified by the standards - I would recommend gathering evidence for all of the assertions related to the account.
Hi! I’ve made a Study Guide with all of my videos in the structure of an audit - there are a few there on audit planning amandalovestoaudit.com/learning-resources/audit-study-guide/
You dont try to overteach, straight to the point. Thank you!
Done watching. Thank you for this concise yet informative lecture.
hope you will get rewards for what you uploading! thanks sister
You’re welcome Abdul! Thanks for watching and leaving a comment 🙏
your auditing videos are incredible
Awww thank you ☺️
Thanks for rehashing what's in the explanatory paragraphs
This video covers almost all the process..
Thank you for your dedication and knowledge
You’re welcome Manvish!
Another great informative video! Thanks
You're welcome!
Great video. Worth it to watch as you can learn additional knowledge. Thank you for your efforts :)
Great discussion! Thank you for this.
Thank you for this. Done watching!
Great video! Thank you for this!
Hi. If I don't remember wrong, you've said that auditors must gather evidence which cover all assertions. Is this true for every account, regardless of the risk? E.g. 1: an account, which is not a significant risk but the value exceeds the materiality level. E.g. 2: an account which fall belows materiality, and does not have any significant risk.
Hi FlatTube!
When it comes to immaterial accounts - eg petty cash in a top 100 company - there is the option to skip auditing it altogether. But for an account that is material - though not specified by the standards - I would recommend gathering evidence for all of the assertions related to the account.
Thank you for this. It helps a lot💙
Thank you for this very informative video!
Done watching. Thank you for this video.🤗
do you have any specific video for planning the audit. thank you, your video are all great .
Hi! I’ve made a Study Guide with all of my videos in the structure of an audit - there are a few there on audit planning
amandalovestoaudit.com/learning-resources/audit-study-guide/
Done watching, thank you for this.
done watching
Just done watching, very informative :))
Is test of control may be omitted? Why?
What about substantive testing?
Hi Cristine - you can do an audit that is only substantive testing, but you cannot complete an audit that is test of controls only.
Thank youuu ❤
Done watching po. Thank you for the informative lesson.
i am junior auditor, and i still don't know. how to identify risk. can you teach me how?
Hi Ismail - have you checked out my full lecture on identifying risks? th-cam.com/video/fryzUXte8U4/w-d-xo.html
我很喜欢你的审计课程。谢谢您！！！
lich accakaven thanks for your comment - however I don’t read Chinese. I’ll work on getting it translated 😊
Ah - the translation
“ I really like your audit course. Thank you! ! !”
You are welcome!
Done watching. Thank you for this po :)
Done watching.
A great video.
Thanks Yasheen - I really appreciate you leaving a comment 😊
Done watching
Thank you for this very informative video.😊
Done watching
Done watching
Done watching
Done watching