What I like about the video and Amanda's style: clear, succinct, friendly. However, the "How do I practice" was not addressed as the video focused on "what to study". The exam technique content is irrelevant as the student asks about the actual practice itself which is what students commonly have difficulty with e.g. prioritising, skill development, linking, consolidating and making notes, application and retention strategies. It would be helpful if you would use your considerable strengths to address the question more directly and fully. I look forward to it
Hey Amanda, This is 'Jayesh' pursuing Chartered Accountancy Course from ICAI, I love your teaching, suggestions and guidance have watched approx. 6 videos of your channel and will continue watching your videos. Great Experience. Happy New Year ☺️💐
so so good, thanks a lot. For me, it is not only helpful to study auditing but I have an idea to study other subject in positive, correct and effective way. One again, thanks you so much
Hi Angie - great question. An example would be what I’ve asked my students to consider this week - www.news.com.au/finance/business/retail/david-jones-prevents-myer-selling-a-raft-of-big-name-brands/news-story/85bd07affa42d2e957c07840602e2266 Here is an article that describes activities in the Australian high end department store market. There are 2 major companies - David Jones (DJs) and Myer. The article talks about a move that will affect both firms. How could we apply this to audit? Are there any new inherent risks for each store as a result of the changes? Does this affect the going concern of each store?
Hi Jahangir - I talk about it here 22522 Autumn 2016 - Topic 2 - ethics and audit quality th-cam.com/video/P6_-6tQ8In0/w-d-xo.html Essentially they are acting as monitors.
I think that it makes sense to complete studies related to financial accounting and reporting before auditing. This is because auditing requires you to examine whether the firm is recording and reporting information in accordance with the accounting standards.
Hi - all companies have slightly different processes - but you can see examples of a sales/revenue cycle and associated audit testing here - th-cam.com/video/2VD8IprRtXE/w-d-xo.html
Hi Jill - the auditing standards are broken down into individual paragraphs. When referring to a standard - you should try (as much as you can) and include the paragraph number.
Amanda, can you make Canadian tax videos too?! I am pretty sure I'm gonna fail tax lmao. Actually, any advice on how to study tax would be appreciated!
Lol - Canadian tax is nowhere near my forte! Studying tax is all about understanding the nuances - I always found that drawing out flow diagrams and decision trees helped me figure out what to do :)
@@amandalovestoaudit Ok I started doing that today and making flashcards on it. Thanks for your tips! You have no idea how much it means to me knowing a Doc in Audit is guiding me on this. I kinda feel unstoppable! Maybe you can share your study tips for all other aspects of accounting in videos? I loved your video on open book exams too! I started flagging the Canadian Income Tax like you had in your book in the video!
Usually there are 1-2 answers that are clearly wrong and can be eliminated. Then it is a matter of working out which answer fits best. For really tough ones - think to yourself, if you believe (a) is the answer, can you clearly explain why (b), (c) and (d) are wrong? This will help differentiate the options 😊
What I like about the video and Amanda's style: clear, succinct, friendly. However, the "How do I practice" was not addressed as the video focused on "what to study". The exam technique content is irrelevant as the student asks about the actual practice itself which is what students commonly have difficulty with e.g. prioritising, skill development, linking, consolidating and making notes, application and retention strategies. It would be helpful if you would use your considerable strengths to address the question more directly and fully. I look forward to it
I fell in Love with this video within the first 19 minutes and 11 seconds...
Thanks Amanda...
😹😹😩😩😹😹😹
2 minutes into the video and i can say with out a doubt this is quality advice
Hey Amanda,
This is 'Jayesh' pursuing Chartered Accountancy Course from ICAI, I love your teaching, suggestions and guidance have watched approx. 6 videos of your channel and will continue watching your videos.
Great Experience.
Happy New Year ☺️💐
Thanks Jayesh! Best of luck with your ICAI exams!
this video has helped me greatly in my exams. thank you
so so good, thanks a lot. For me, it is not only helpful to study auditing but I have an idea to study other subject in positive, correct and effective way. One again, thanks you so much
My exam is after couple of days and I was at my wits end about what to do!!! Then I came to this video. It is amazingly helpful. Thank you a lot.
Great help. Thanks, and I don't mind the sound of your pen or the echo of your voice :)
Hi Amanda, thanks for the helpful video. Could you give an example for 'apply theory to practical situations'?
Hi Angie - great question.
An example would be what I’ve asked my students to consider this week - www.news.com.au/finance/business/retail/david-jones-prevents-myer-selling-a-raft-of-big-name-brands/news-story/85bd07affa42d2e957c07840602e2266
Here is an article that describes activities in the Australian high end department store market. There are 2 major companies - David Jones (DJs) and Myer. The article talks about a move that will affect both firms.
How could we apply this to audit?
Are there any new inherent risks for each store as a result of the changes?
Does this affect the going concern of each store?
Good studies (hard work is better than luck) to UTS audit students for end-0f-sem exams this year (2018) as well as Murdoch Uni and others....
Hard work is definitely more useful! Best of luck to everyone studying for their uni or professional qualification exams!
Thank u Dr Amanda. am grateful for ur great assistance. U r talanted in communication
Thank you! Amanda
Thanks,may Allah give you reward in the hereafter
The video was very very helpful. Thank you
You're very welcome!
Thanks Amanda its really helpful
very helpful, thank you!
Tks Amanda,it helps a lot!
Hi madam, could you please provide how to write ans in exam basically case study based questions
+Jitendra Parida A great idea! I'll record something in the next few weeks :) (my students have their final exams coming up)
thank you madam
thank you so much, can you explan what is succint
Nice video bro you deserve more views
I have a question for you ma'am, and the question is, how does Independent Auditor reduce agency problem?
Hi Jahangir - I talk about it here
22522 Autumn 2016 - Topic 2 - ethics and audit quality th-cam.com/video/P6_-6tQ8In0/w-d-xo.html
Essentially they are acting as monitors.
Do you think it must to finish FAR first and after that studay audit for CPA exam ,specially for individual does not working in Audit Firm
I think that it makes sense to complete studies related to financial accounting and reporting before auditing. This is because auditing requires you to examine whether the firm is recording and reporting information in accordance with the accounting standards.
Please do revenue and receipts cycle cycle how it works
Hi - all companies have slightly different processes - but you can see examples of a sales/revenue cycle and associated audit testing here - th-cam.com/video/2VD8IprRtXE/w-d-xo.html
What is the name of the text book, that you used/are using?
Hi! We are using an Australian text by Campbell, Moroney and Hamilton - www.wileydirect.com.au/buy/auditing-practical-approach-2nd-edition/
Could you guide me in senior auditor job ?
Hopefully that is what your audit team manager should be doing 😊
Wondering; is ISAs and ISSAIs vary that much?
+quaqmireful International auditing standards and Australian ones are harmonised - they are usually the same :)
AmandaLovesToAudit Glad to know, thanks for replying! :D
Thank you so much for the video madam!
sorry Amanda, but what are paragraph references?
Hi Jill - the auditing standards are broken down into individual paragraphs. When referring to a standard - you should try (as much as you can) and include the paragraph number.
@@amandalovestoaudit oh got it thanks!
Too much echo ... can we buy you a microphone isolation shield for Christmas?
Great work! Thanks for the video, we really appreciate it.
Amanda, can you make Canadian tax videos too?! I am pretty sure I'm gonna fail tax lmao. Actually, any advice on how to study tax would be appreciated!
Lol - Canadian tax is nowhere near my forte! Studying tax is all about understanding the nuances - I always found that drawing out flow diagrams and decision trees helped me figure out what to do :)
@@amandalovestoaudit Ok I started doing that today and making flashcards on it. Thanks for your tips! You have no idea how much it means to me knowing a Doc in Audit is guiding me on this. I kinda feel unstoppable!
Maybe you can share your study tips for all other aspects of accounting in videos? I loved your video on open book exams too! I started flagging the Canadian Income Tax like you had in your book in the video!
Thanks, some nice tips there for my upcoming Auditing exam.
good job amanda
Hi,What if the exam is a multi choice exams and correct and wrong ? How I solve it
Usually there are 1-2 answers that are clearly wrong and can be eliminated. Then it is a matter of working out which answer fits best.
For really tough ones - think to yourself, if you believe (a) is the answer, can you clearly explain why (b), (c) and (d) are wrong? This will help differentiate the options 😊
AmandaLovesToAudit Thank you so much .^_^
mam it was so good..
Thanks...
very nice chance Tankyou
like you n your hand writing bbe
Is auditing a theory subject ????
It is a subject about the practical application of theory ☺️
MY AUDIT REPORT TEYAR KARNA CHAHATA HU TO KIS FORMAT SE KARE
Jo Format aap k mulk ka Corporate Law kehta hai. Shukriyah
The screeching pen thou. Cant deal
i seriously considering to go to nightclubs for audit only
useful lecture
I can't stand the sound of the writing. It's like nails on a chalkboard.
Rebecca McNabb misophonia
chailam exam
P
Thanks Amanda!