In this podcast, we will be discussing SA 265 Communicating Deficiencies in Internal Control to Those Charged with Governance & Management.

SA 265 deals with the auditor’s responsibility to communicate appropriately to TCWG and management deficiencies in IC that the auditor has identified in an audit of FSs.

Objective of auditor as per SA 265

To communicate appropriately to TCWG and management deficiencies in internal control that the auditor has identified during the audit and that, in the auditor’s professional judgment, are of sufficient importance to merit their respective attentions.

To understand the complete SA 265, listen to the podcast.

If you are appearing for the upcoming attempts of ICAI CA Audit Exam then this podcast will definitely be of a great help.

If you are the student of EDU91 for CA Intermediate (till 31st December 2024) then you will get flat 50% off on CA Final Audit Classes.

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All the best. God bless you!

❤️ Neeraj Arora

और हाँ, सीखते रहें, क्यूँकि सीखना शुरू तो जीतना शुरू 🚀

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In this podcast, I have discussed the “Concept of Materiality”. Following topics have been discussed in the podcast-

SA 320 deals with the auditor's responsibility to apply the concept of materiality in planning and performing an audit of financial statements.

The concept of materiality is applied by the auditor both in planning and performing the audit, and in evaluating the effect of identified misstatements on the audit and of uncorrected misstatements, if any, on the financial statements and in forming the opinion in the auditor’s report.

If you are appearing for the upcoming attempts of ICAI CA Intermediate Audit Exam then this podcast will definitely be of a great help.

If you are the student of EDU91 for CA Intermediate then you will get flat 50% off on CA Final Audit Classes.

Also, you can get a hands on experience of Auditing with us.

Planning for ACCA? If yes, then we can learn Auditing together.

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All the best. God bless you!

❤️ Neeraj Arora

और हाँ, सीखते रहें, क्यूँकि सीखना शुरू तो जीतना शुरू 🚀

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SA 300- Planning an audit of financial statements deals with the auditor's responsibility to plan an audit of financial statements. It states that objective of the auditor is to plan the audit so that it will be performed in an effective manner.

Planning an audit is necessary to carry out it effectively in a timely manner. Besides ensuring compliance with professional standards, it helps in performing audit engagement effectively.

Update: CA Final Audit Blended Batch starting from 17th June 2024.

Adequate planning benefits the audit of financial statements in several ways, including the following:-

* Helping the auditor to devote appropriate attention to important areas of the audit.

* Helping the auditor identify and resolve potential problems on a timely basis.

* Helping the auditor properly organize and manage the audit engagement so that it is performed in an effective and efficient manner.

* Assisting in the selection of engagement team members with appropriate levels of capabilities and competence to respond to anticipated risks, and the proper assignment of work to them.

* Facilitating the direction and supervision of engagement team members and the review of their work. Assisting, where applicable, in coordination of work done by others such as experts.

Therefore, planning an audit ensures that audit risk is reduced to an acceptable low level. When audit work is adequately and properly planned, it reduces the risk of inappropriate opinion by the auditor.

If you are appearing for the upcoming attempts of ICAI CA Intermediate Audit Exam then this podcast will definitely be of a great help.

If you are the student of EDU91 for CA Intermediate then you will get flat 50% off on CA Final Audit Classes.

Also, you can get a hands on experience of Auditing with us.

Thanks for reading Audit By Neeraj! Subscribe for free to receive new posts and support my work.

All the best. God bless you!

❤️ Neeraj Arora

और हाँ, सीखते रहें, क्यूँकि सीखना शुरू तो जीतना शुरू 🚀

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In this podcast, I have discussed the “Basics of Auditing”. Following topics have been discussed in the podcast-

* Basic understanding of Internal Control

* Meaning

* Examples

* Why are internal controls carried out?

* Framework to conduct audit

If you are appearing for the upcoming attempts of ICAI CA Intermediate Audit Exam then this podcast will definitely be of a great help.

If you are the student of EDU91 for CA Intermediate then you will get flat 50% off on CA Final Audit Classes.

Also, you can get a hands on experience of Auditing with us.

Thanks for reading Audit By Neeraj! Subscribe for free to receive new posts and support my work.

All the best. God bless you!

❤️ Neeraj Arora

और हाँ, सीखते रहें, क्यूँकि सीखना शुरू तो जीतना शुरू 🚀

How does this work?

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In this podcast, I have discussed the “Basics of Auditing”. Following topics have been discussed in the podcast-

* Type of Opinion - Clean and Modified Opinion

* Qualified, Adverse and Disclaimer of Opinion

* Meaning of Pervasive

* Meaning of TCWG and Management

* Preconditions for an audit

If you are appearing for the upcoming attempts of ICAI CA Intermediate Audit Exam then this podcast will definitely be of a great help.

If you are the student of EDU91 for CA Intermediate then you will get flat 50% off on CA Final Audit Classes.

Also, you can get a hands on experience of Auditing with us.

Thanks for reading Audit By Neeraj! Subscribe for free to receive new posts and support my work.

All the best. God bless you!

❤️ Neeraj Arora

और हाँ, सीखते रहें, क्यूँकि सीखना शुरू तो जीतना शुरू 🚀

How does this work?

* You subscribe to my write-ups. (No cost at all)

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Shift Audit by Neeraj From Promotion or other tabs to your Main Inbox-

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In this podcast, I have discussed the “Basics of Auditing”. Following topics have been discussed in the podcast-

* Meaning of Audit⁠

* Objectives of Audit as per SA 200

* Meaning of Misstatement

* Meaning of AFRF

If you are appearing for the upcoming attempts of ICAI CA Intermediate Audit Exam then this podcast will definitely be of a great help.

If you are the student of EDU91 for CA Intermediate then you will get flat 50% off on CA Final Audit Classes.

Also, you can get a hands on experience of Auditing with us.

Thanks for reading Audit By Neeraj! Subscribe for free to receive new posts and support my work.

All the best. God bless you!

❤️ Neeraj Arora

और हाँ, सीखते रहें, क्यूँकि सीखना शुरू तो जीतना शुरू 🚀

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Shift Audit by Neeraj From Promotion or other tabs to your Main Inbox-

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In this podcast, you'll learn about the language style you should use when answering questions in the CA Exams held by ICAI.

With the May 2024 exams coming near, many students are wondering how they should write their answers. They're asking if they have to use the exact language from the ICAI Study Material.

Share this podcast with your friends also.

Also, let me know in comments what all problems you’re currently facing while preparing for the exams. I will be happy to help you.

Here are my social media handles-

Twitter: https://twitter.com/neerajarora91

Linkedin: https://www.linkedin.com/in/neerajarora91/

All the best. God bless you!

❤️ Neeraj Arora

और हाँ, सीखते रहें, क्यूँकि सीखना शुरू तो जीतना शुरू 🚀

Thanks for reading Audit By Neeraj! Subscribe for free to receive new posts and support my work.

How does this work?

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In this podcast, we're going to talk about how to get ready for the CA Inter Audit exams happening in May 2024. Since the exams are getting closer, students are feeling nervous about how to prepare & revise well in the audit subject.

Audit is a vast subject that needs you to understand the concepts and also remember important words to pass the ICAI CA Inter Exam.

How to study CA Inter Audit?

You need to understand that CA Inter Audit is a blend of both practical and theory. You just cannot emphasize on any one aspect. ICAI is asking questions from both sides, with theory being the main aspect. But at times, there are questions asked which are entirely concept-based, and no rote learning will help you here. So, you need to become a mix of Rancho and Chatur to clear your ICAI CA Inter Audit Exam for May 2024.

Whenever we go to Vaishno Devi, we say, "Paudi Paudi Chadhta Jaa, Jai Mata Di karta ja." Similarly, for completing the syllabus which might once seem so humungous to you, just write down the topics and start tackling them one by one. You will be surprised to see how fast you are actually finishing the entire syllabus. Refer to marathons, class notes, and charts for better understanding.

Study from ICAI material. If you are studying from others' notes, make sure you are benchmarking them with the ICAI material. No need to switch the material just a month before exams.

A detailed discussion on this has been done by me & Vrinda in this podcast.

Listen carefully to this podcast.

Remember the tips we talk about so you don't forget important stuff when you're studying and going over the CA Inter Audit syllabus.

Thanks for reading Audit By Neeraj! Subscribe for free to receive new posts and support my work.

🔴 Also, CA Inter & Final Audit Classes are available on www.edu91.org.

Please let us know your views in the comment box.

RegardsNeeraj AroraSeekhna Shuru Toh Jeetna Shuru!