Audit by Neeraj
SA 220 Part 1 of 3 | Audit Podcast By Neeraj Arora | Episode 12

SA 220 Part 1 of 3 | Audit Podcast By Neeraj Arora | Episode 12

February 17, 2021

In this episode, we're going to talk about SA 220, which is Quality Control for an Audit of Financial Statements. This is the 1st part of SA 220 podcast, here we talk about the basics of this SA.

SA 220 deals with the

  • specific responsibilities of the auditor regarding quality control procedures for an audit of financial statements
  • where applicable, the responsibilities of the engagement quality control reviewer.

Listen to the entire podcast to revise SA 220.

If you're liking our podcast "Audit By Neeraj", then you will definitely enjoy the detailed course of CA Intermediate Auditing by Neeraj Arora Sir. We highly recommend you to check out Edu91's CA Intermediate Audit Classes - https://www.edu91.org/s/store/courses/CA%20Inter%20Audit 

If you're a CA Final student listening to this podcast then you should check out other CA Final Lectures by Neeraj Sir: https://www.edu91.org/s/store/courses/CA%20Final%20Audit 

If you're interested in taking Audit Practical Training then check out ThinkingBridge - https://www.thinkingbridge.in/s/pages/audit-master-class 

SA 701Communicating KAM | Audit Podcast By Neeraj Arora | Episode 11

SA 701Communicating KAM | Audit Podcast By Neeraj Arora | Episode 11

December 26, 2020

In this episode, we're going to talk about SA 701, which is Communicating Key Audit Matters in the Independent Auditor’s Report. 

We have talked about KeyAuditMatters: Those matters that, in the auditor’s professional judgment, were of most significance in the audit of the financial statements of the current period. Key audit matters are selected from matters communicated with those charged with governance.

Listen to the entire podcast to revise SA 701.

If you're liking our podcast "Audit By Neeraj", then you will definitely enjoy the detailed course of CA Intermediate Auditing by Neeraj Arora Sir. We highly recommend you to check out Edu91's CA Intermediate Audit Classes - https://www.edu91.org/s/store/courses/CA%20Inter%20Audit 

If you're a CA Final student listening to this podcast then you should check out other CA Final Lectures by Neeraj Sir: https://www.edu91.org/s/store/courses/CA%20Final%20Audit 

If you're interested in taking Audit Practical Training then check out ThinkingBridge - https://www.thinkingbridge.in/s/pages/audit-master-class

SA 700 Forming and Opinion and Reporting on Financial Statements | Audit Podcast By Neeraj Arora | Episode 10

SA 700 Forming and Opinion and Reporting on Financial Statements | Audit Podcast By Neeraj Arora | Episode 10

December 21, 2020

Hello everyone, welcome to our podcast "Audit By Neeraj".

In today's episode, we're going to revise SA 700: Forming an Opinion and Reporting on Financial Statements.

SA 700 (Revised) deals with the auditor’s responsibility to form an opinion on the financial statements (FS) and also with the form and content of the auditor’s report issued as a result of an audit of FS.

Listen to the entire podcast to revise SA 700.

If you're liking our podcast "Audit By Neeraj", then you will definitely enjoy the detailed course of CA Intermediate Auditing by Neeraj Arora Sir. We highly recommend you to check out Edu91's CA Intermediate Audit Classes - https://www.edu91.org/s/store/courses/CA%20Inter%20Audit 

If you're a CA Final student listening to this podcast then you should check out other CA Final Lectures by Neeraj Sir: https://www.edu91.org/s/store/courses/CA%20Final%20Audit 

If you're interested in taking Audit Practical Training then check out ThinkingBridge - https://www.thinkingbridge.in/s/pages/audit-master-class

Auditor’s responsibility for failure to detect fraud and errors | | Audit Podcast By Neeraj Arora | Episode 9

Auditor’s responsibility for failure to detect fraud and errors | | Audit Podcast By Neeraj Arora | Episode 9

September 6, 2020

As per SA 240, the responsibility for the prevention and detection of fraud and error rests with the management through the implementation of an adequate system of internal control. Such a system reduces but does not eliminate the possibility of fraud and error.

Listen to the entire podcast to revise SA 240.

If you're liking our podcast "Audit By Neeraj", then you will definitely enjoy the detailed course of CA Intermediate Auditing by Neeraj Arora Sir. We highly recommend you to check out Edu91's CA Intermediate Audit Classes - https://www.edu91.org/s/store/courses/CA%20Inter%20Audit 

If you're a CA Final student listening to this podcast then you should check out other CA Final Lectures by Neeraj Sir: https://www.edu91.org/s/store/courses/CA%20Final%20Audit 

If you're interested in taking Audit Practical Training then check out ThinkingBridge - https://www.thinkingbridge.in/s/pages/audit-master-class

Inherent Limitations of Auditing | Audit Podcast By Neeraj Arora | Episode 8

Inherent Limitations of Auditing | Audit Podcast By Neeraj Arora | Episode 8

September 6, 2020

In this episode, we will cover the inherent limitations of auditing. There are four inherent limitations of auditing and all are very important from the exam point of view. 

If you're liking our podcast "Audit By Neeraj", then you will definitely enjoy the detailed course of CA Intermediate Auditing by Neeraj Arora Sir. We highly recommend you to check out Edu91's CA Intermediate Audit Classes - https://www.edu91.org/s/store/courses/CA%20Inter%20Audit 

If you're a CA Final student listening to this podcast then you should check out other CA Final Lectures by Neeraj Sir: https://www.edu91.org/s/store/courses/CA%20Final%20Audit 

If you're interested in taking Audit Practical Training then check out ThinkingBridge - https://www.thinkingbridge.in/s/pages/audit-master-class

APC Professional Skepticism | Audit Podcast By Neeraj Arora | Episode 7

APC Professional Skepticism | Audit Podcast By Neeraj Arora | Episode 7

August 27, 2020

As per SA 200, "Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Standards on Auditing",

  • Professional skepticism is an attitude that includes a questioning mind,
  • being alert to conditions that may indicate possible misstatement due to error or fraud,
  • and a critical assessment of audit evidence.

If you're liking our podcast "Audit By Neeraj", then you will definitely enjoy the detailed course of CA Intermediate Auditing by Neeraj Arora Sir. We highly recommend you to check out Edu91's CA Intermediate Audit Classes - https://www.edu91.org/s/store/courses/CA%20Inter%20Audit 

If you're a CA Final student listening to this podcast then you should check out other CA Final Lectures by Neeraj Sir: https://www.edu91.org/s/store/courses/CA%20Final%20Audit 

If you're interested in taking Audit Practical Training then check out ThinkingBridge - https://www.thinkingbridge.in/s/pages/audit-master-class

Audit Procedures and Assertions | Audit Podcast By Neeraj Arora | Episode 6

Audit Procedures and Assertions | Audit Podcast By Neeraj Arora | Episode 6

August 19, 2020

In this video, we will revise one of the most important concepts in the world of auditing. Audit Procedure and Assertions.

Audit procedures are the methods that auditors use for obtaining audit evidence to form a basis for their opinion on financial statements. They are performed in order to test various audit assertions related to a different class of transactions and account balances.

Listen to the full podcast to gain clarity on audit procedures and assertions.

If you're liking our podcast "Audit By Neeraj", then you will definitely enjoy the detailed course of CA Intermediate Auditing by Neeraj Arora Sir. We highly recommend you to check out Edu91's CA Intermediate Audit Classes - https://www.edu91.org/s/store/courses/CA%20Inter%20Audit 

If you're a CA Final student listening to this podcast then you should check out other CA Final Lectures by Neeraj Sir: https://www.edu91.org/s/store/courses/CA%20Final%20Audit 

If you're interested in taking Audit Practical Training then check out ThinkingBridge - https://www.thinkingbridge.in/s/pages/audit-master-class

Audit Risk | Very Important | Audit Podcast By Neeraj Arora | Episode 5

Audit Risk | Very Important | Audit Podcast By Neeraj Arora | Episode 5

August 16, 2020

Hello guys, in this episode we're going to talk about Audit Risk.

Audit risk is the risk that the auditors express an inappropriate audit opinion on financial statements. It is the risk that auditors give an unqualified or clean opinion on the financial statements that contain a material misstatement. This is a very important podcast, this topic looks simple but a lot of students still get confused and do not fully understand this topic.

If you're liking our podcast "Audit By Neeraj", then you will definitely enjoy the detailed course of CA Intermediate Auditing by Neeraj Arora Sir. We highly recommend you to check out Edu91's CA Intermediate Audit Classes - https://www.edu91.org/s/store/courses/CA%20Inter%20Audit 

If you're a CA Final student listening to this podcast then you should check out other CA Final Lectures by Neeraj Sir: https://www.edu91.org/s/store/courses/CA%20Final%20Audit 

If you're interested in taking Audit Practical Training then check out ThinkingBridge - https://www.thinkingbridge.in/s/pages/audit-master-class

The Flow of events in Audit | Audit Podcast By Neeraj Arora Episode 4

The Flow of events in Audit | Audit Podcast By Neeraj Arora Episode 4

August 14, 2020

Hello everyone, In today's episode, we will learn about the flow of events in an audit. We will also discuss the Important SAs. Tune into the podcast and get a good understanding of the topic: Flow of events in Audit.

If you're liking our podcast "Audit By Neeraj", then you will definitely enjoy the detailed course of CA Intermediate Auditing by Neeraj Arora Sir. We highly recommend you to check out Edu91's CA Intermediate Audit Classes - https://www.edu91.org/s/store/courses/CA%20Inter%20Audit 

If you're a CA Final student listening to this podcast then you should check out other CA Final Lectures by Neeraj Sir: https://www.edu91.org/s/store/courses/CA%20Final%20Audit 

If you're interested in taking Audit Practical Training then check out ThinkingBridge - https://www.thinkingbridge.in/s/pages/audit-master-class

TCWG, Management, Internal Control, Test Checking and Judgement | Audit Podcast By Neeraj Arora Episode 3

TCWG, Management, Internal Control, Test Checking and Judgement | Audit Podcast By Neeraj Arora Episode 3

August 13, 2020

Hi Guys, In this episode, we will learn about the responsibilities of Management, Internal Control and other small topics. We will also discuss the importance of these topics.

In the audit subject, if your basics are not clear then you will face difficulty in understanding the practical applicability of the important terms and provisions. Please make sure that you're listening to the podcast with full attention so that you not only understand the concept but also retain them for a long period of time.

If you're liking our podcast "Audit By Neeraj", then you will definitely enjoy the detailed course of CA Intermediate Auditing by Neeraj Arora Sir. We highly recommend you to check out Edu91's CA Intermediate Audit Classes - https://www.edu91.org/s/store/courses/CA%20Inter%20Audit 

If you're a CA Final student listening to this podcast then you should check out other CA Final Lectures by Neeraj Sir: https://www.edu91.org/s/store/courses/CA%20Final%20Audit 

If you're interested in taking Audit Practical Training then check out ThinkingBridge - https://www.thinkingbridge.in/s/pages/audit-master-class

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