How Big 4 do their Internal audit 🔥 Internal audit process in CA firm | Internal audit interview
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- เผยแพร่เมื่อ 18 พ.ย. 2021
- In this video we have discussed about the internal audit process in a CA firm or a big 4. CA Anmol bhai has given us guidance on internal audit process. Anmol has more than 5 years of experience.
Anmol has worked with multiple big 4 and top 10 CA firm. Internal audit process has been divided into the following parts by the Anmol.
1. Pre planning
2. Planning (scoping of the areas & resource management)
3. Field work
4. Reporting
Anmol has explained each process in detail in video.
We have also discussed about how internal audit is different from the statutory audit.
You can follow me on other platform as well for more interesting and amazing knowledge
LinkedIn / ca-tushar-makkar-190b76b7
Instagram / tushar_makkar29
Twitter / tusharmakkar15
#internalaudit #IAinterview
Join our course Master Blaster of Internal Audit. We have covered everything in detailed with practical approach. Just check out our website. www.catusharmakkar.com/
Summary
10:15 step 1 Pre planning stage
13:02 step 2 Planning stage Part A: scoping
15:00 PartB resourcing
21:00 Step 3 Field Work (26:15 recap)
31:00 step 4 Reporting
(Observation of mistake, its impact, then its improvement, timeline for change of improvement)
43:00 Overview
Thank u thank u thank u so much. I really liked this channel and the guests who share their vast practical knowledge. For article of a mediocre firm it really adds on the value.
Why this video having less views . I have seen video twice within a span of 1 month and jot it down on pen and paper
CA Anmol Sir in such an ease told all pecularities in detail within a short span of time
Thank you CA Tushar
Regards,
Amay [Waiting for Dec2021 Result]
Passed or not??
Being an internal auditor , i can relate with each and every aspect.
The way he explains everything is commendable .
That is the best video to learn of practical Internal auditing. Really very knowledgeable.
Thank you for sharing this knowledge with us. Really helpful. Looking forward to more videos on Internal Audit!
Thanks Anmol for the detail and sharing experience. I like the way you describe the process and your learning and especially the importance of CA time and how to utilize it. But I want to highlight that MBA graduates can do much better things than that and every education has its own worth. Looking for more interactive sessions from you :)
This video is so helpful, I have my interview scheduled with all Big 4s. This helps a lot .
CMA is best 🥰
00:01 Anmol Arora shares his experience of more than 5 years in internal audit
02:42 Internal audit process can be divided into 4-5 phases.
08:25 The pre planning phase involves deciding which divisions to audit and what to audit in each quarter.
11:09 The planning phase involves determining the scope and resources for the internal audit.
16:52 Big 4 firms hire engineers to assist CA in production, saving client's time and combining risk analysis and process understanding.
19:27 The process involves assessing and managing risks in various areas.
24:26 Building relationships takes time and is essential for internal auditors.
27:04 The purchase process involves creating a purchase order and analyzing the purchase register.
31:33 During the reporting phase, it is important to present the findings in a way that suits the audience and to focus on improvement.
34:02 Automation of the process is recommended for better efficiency.
39:16 The responsibility of an internal auditor is to identify mistakes and their potential impact.
41:42 Internal audit process is about bringing improvement and building relationships.
46:49 Evaluation of child's studying performance
49:11 The auditors mention that management is at fault.
Crafted by Merlin AI.
Thanks you Anmol sir and Tushar sir .
It was very interesting session really.
Awesome content!! Anmol Sir really nailed the concept in entirety...great job done by Tushar Sir by bringing in a person having practical hands on the subject.
Couldn't find Anmol sir on LinkedIn,can u share the link of his profile, Tushar Sir?
Thanks for making this video
I'm currently doing internal audit of IIM CALCUTTA
This video will improve my audit skill
Thankyou so much. Too much Helpful ♥️
Nice conversation, THANKS for sharing for ur experience, will help immensely
Thank you so much, very helpful video👍
Very informative session …worth every second 🙌🏻
Thank you CA Anmol sir for valuable information
Thank you so much sir for your detailed explanation about internal audi.it can help article assistants for their projects... ❤❤
Very detailed & comprehensive......❤️
Wonderful learning session about Internal Audit, I was feeling like I am on the field of Internal Audit.
Thanks for sharing your experience.
Sir please bring more such insightful videos 🌸❤️
Thanks a lot for the discussion!
Really nice session it's was becz first tym injust see these type of lecture fully
Excellent content neatly delivered
Thank you for bringing us such information videos
Our pleasure!
An independent auidt examination to certify that controls are operating effectively as designed, risk management process are in place, governance process is upto mark to and providing reasonable assurance that company desired and stated objectives will be fulfilled.
INTERNAL AUIDT
Thankyou for your support
Thanks for the captions
Thank you so much both of you sir's 👍👍👍
Our pleasure!
Must watch video for value addition!
What a video. Great learning from this video❣️
Glad you liked it!
Thank you sir
Bahut sahi
Beneficial content 👍👍👍
Thank you CA Anmol sir and CA Tushar sir
It was a very enriching session.
My articleship experience in the internal audit was refreshed
CA Anmol sir communicated his experience very aptly 10/10
definitely enriching session
Eagerly waiting for a session on global practice from the institute of internal auditors
Soon :)
@@catusharmakkar can you suggest how could i get into stat, being an internal auditor from sskm.
Reply pl,
Best best🙌❤️
Very nicely delivered
Informative
Do we only get one client of few clients (2-5) as an article
Best video 👌👌👌
Tushar ji..pls make a video on how consolidation of accounts is done in practical life in MNCs with multiple subsid. (timelines and process etc.)
Iss tarah podcast banana chahiye majha aayega❤
Very useful value added video. Thank you so much Tushar sir. But can you make a similar video on statutory audit?
Nice Video Sir. Can i preapre for CA final alongside working in Big 4 Internal audit department as my Financial condition is not that supportive, I just finished my Articleship ?
This is an amazing video.. CA Anmol explained the internal Audit so very well that it gives a birds eyes view of the whole process.
Plz make another video on ESG and BRSR reportings too.
Does article students know about the budget or be informed about the budget
So that they also dont waste much time on presentation part
Its a very informative video...
Please do make a video on statutory Compliance we check during statutory audit...
Soon
Sir I want to ask do I join SSKM for internal auditing????
Thank you sir for such a detailed discussion on internal audit.
I've been selected for internal audit role through college placement as a Bcom graduate, so being a Non CA will it impact my growth in the field?
No , Growth depends upon your skills.
Can u share format of an internal audit report😊
❤❤❤
what a wonderful session !!!!
concept cleared.
Majority of students do not get such exposure during there articleship ie small cities,
so will we get a chance to do such work in sskm or big 4s...
:)
Thanks for the video
Can B. Com become internal auditor?
And CIA degree is good or CA
For work as auditor?
Please put a course for Hindi learning for those who know English and Telugu because majority of clients are of Hindi and they speak very fast during the orientation stage which is the main important stage in which they talk about their businesses, processes etc
Yes we need IIA Practice as world wide
Hello sir, do make the time series
Thank you Anmol & Tushar for the detailed insight of IA. I have an interview scheduled with EY GDS ,How can i contact Anmol for Some tips.
Yes.. you can connect with him on LinkedIn
How's ur interview bro
Sir articleship m help krdo, in big four
Very interesting. Is there scope of a CS in Internal audit ?
Ap CA kapil goyal sir ke batch ho na. Kyuki CA KAPIL SIR SE BAHUT SUNA HAI SS KOTHARI KE BARE ME AUR ANMOL SIR KE BARE ME BHI ME SUNA HAI
Salary for CIA qualified(certified internal audit) in big 4 (+ CA qualified with 3 years experience in tax field)
Tushar Bhai please reply
Depends on your last drawn and your skills, but you can easily fetch from 8-14 LPA
Global also make one session please
Pls internal audit pr or bhi videos banana
Sure Aayush
Hi
anyone helping me out on internal audit in microfiance company..
5:44
2:30 5:00. 5:16. 4:50. 5:10 14:29 16:53 19:12 30:52. 36:17 38:05 40:00 42:59
00:15:00
#6:00
12:31
Please respect other degrees
37:57
28:54
pls make a video on Ai in audit aspects?
Everything was fine however you sounded arrogant when it comes to MBA. Be polite not proudy.
He is not arrogant. You have to understand thin line of difference. As an internal auditor his skill is identification of problems and giving solutions. Implementation of solutions can be better done by MBA s. Ok you can't ask a dog to do donkeys work and vice-versa. Don't ask who is dog who is donkey. 😂
Sir plz arrange contact no of anmol arora sir to help us in internal audit field 🙏
P2P 25 min
Anmol. 100 to 102 is 2% not 20%😂
Please share and discuss internal audit report
Soon :)
Please share any report
Very nice content. 😊
Make more and more video on internal audit
12:36