Lecture 07 (Part 1) | CA Inter Audit Fastrack For Jan 25 Exam | Chapter 1 |

[@nikunjzalavadiya28]

00:09 Chapter 1: Nature, Scope, and Objectives of Audit
15:28 Responsibility of management to prepare financial statements
26:40 The overall objective of an independent auditor is to obtain reasonable assurance on financial statements compliance.
29:03 Overall objective of an Auditor is to obtain reasonable assurance on financial statements.
52:10 Benefits of Statutory Audit
54:12 The director runs the business and is responsible for maintaining it.
1:03:40 Understanding the concept of engagement in auditing.
1:05:34 Engagement is a formal agreement between auditor and client.
1:11:00 Key points about investigation and auditing
1:31:04 Understanding the difference between audit and review
1:35:44 Importance and process of Limited Review in auditing
1:43:46 Review engagements and criteria for financial statements
1:48:00 Understanding the difference between audit and review
1:50:03 Understanding the difference between audit and review engagements

[@mayank9168]

Not even a Single Ad throughout the videos is something really commendable

[@apurvakalal8892]

0:21 Ch:1 Nature , Scope & Objectives of Audit (Exam oriented TImestamps)
5:40 Definition of Audit
25:40 Objectives of Audit
1:21:46 Engagement Standards
- SA & SRE (explained Here)
1:50:20 Meaning of Review

[@Suraj-rd5we]

A true guide ..mentor and a great teacher... apart from all that a highly virtuous human being...with high standerd of thinking and morality ..with full devotion and positivity ............. so much respect and thank you sir 💙🖤

[@PriyanandiniJaiswal]

❤

[@AYUSHKUMARJHA-f5r]

Thank you sir for these awesome sessions and that's too for free🎉🥺

[@muskanpandeyfca1971]

THANK YOU SOO MUCH SIR YOU ARE DOING A GREAT JOB🙏🙏 HATS OFF🙌🙌

[@JatinKachchhawa-q7u]

Thank a lot sir❤

[@justchilling3148]

1:27:00 engagement standards

[@Pravangshu]

chapter 1 nature and scope of audit

[@15.diyaaaa]

Engagement 1:05:11

[@Chandridevi123]

Is this only my opinion that rishab sir looks like south actor prabhas

[@RitaSurendrasahu]

Yes only your opinion but in my opinion he is looking like Suriya

[@Pruthviraj-s8c]

Yeah he looks like prabas

[@maya-gq7fp]

Can someone please tell me if these FastTrack lecs cover the entire syllabus of audit? I am on this lecture right now but I am not sure if this series covers entire portion?

[@user-je2dj9ds9g]

Ya it's cover entire except few topics which u can do by self
Since it's Fastrack some topics of an individual chapter is also not there but u can manage it by yr own self
In conclusion
It is 👍

[@a3a884]

Fir eg SA 210

[@student-xs8ft]

Sir, the points where you are referring that you taught yesterday those are not covered in the previous video....is there any lecture missing? I guess that I cant make a connect. Please guide.

[@sheetaldevrani7212]

I also felt that

[@AJJUU4380]

This is regular batch student lectures so he is talking about them....!!!

[@niyatee_11]

Day 4 ✅

[@educomachievers4648]

hank you sir for these awesome sessions and that's too for free🎉

[@sanjanasingh8276]

Sir, I cannot attend live lectures because of my articleship so plzzz. Sir keep the live lectures uploaded in the channel.. as 1 video is unavailable..

[@Rita_Arya]

Which video?
As of yet all videos are still on his channel
I'm also doing articleship, so i watch his lectures after office

[@Pravangshu]

in the series its showing 1 video is unavailable video is hidden@@Rita_Arya

[@Rita_Arya]

@@Pravangshu idk which video that one is, but up until now, 7 main lectures have been released, lec 5 has 2 parts and lec 6 has 3 parts

[@Pravangshu]

ohk thank s @@Rita_Arya

[@ashijain1755]

Best best best ❤

[@luckykewlani5401]

What's the meaning of assessment??

[@sameerahlawat4282]

1:23:14 standard

[@MillionaireMafia-sh5ud]

0:54 chapter 1 🛑

[@kashishpuri6192]

01:08:29 scope of audit

[@smeetbhavsar7933]

THANK YOU SOO MUCH SIR

[@ashokkumar__ak1857]

1:18:25

[@FKF-FINANCEKNOWLEDGEFUN]

Thank you sir 🫡

[@divyanshinagori8733]

Sir hata diye correct incorrect 😢

[@AjaySaini-hi9uh]

Sahi Kiya nah fir toh, usi me number cut jate the😢

[@rohanmishra6850]

Sir aap mere liye Audit ke bhagwan ho. 😊😊

[@sachinkumar-tv1jw]

sir kasam se aapke lectures na hote to audit me confidence naa aa raha hota

[@simrandudeja]

thankyousomuch sir

[@SHUBHDhawan-fd8lm]

Whatever sir is making us right only those questions have probability of being asked in exams??
So should be learn only those questions?
Can anyone answer?

[@randomthoughts7835]

No.. All aare relevant for exams rest is homework... Just he simplify the language....

[@pooja-cr1mx]

THANK YOU SOO MUCH SIR YOU ARE DOING A GREAT JOB

[@ameyjain3540]

54:02

[@SamridhiDadhich-no3bf]

Can we write these points in exams also??

[@hemilsanghvi]

Acha toh AC ki problem sirf mujhe hi nhi hoti

[@sameer_lakhwani9301]

55:54

[@98krishsuthar21]

is this full syllabus of audit cover on youtube for free??

[@motabhaithegreat]

Yes brother

[@parasshah9162]

What is the timing of going live daily ?​@@motabhaithegreat

[@parasshah9162]

Same que

[@neel_ni_diary]

​@@motabhaithegreat
Hello, can u guide me In which lectures or where's the Inherent Limitations of Audit topic?
Where's the topic SA 210 covered?
Where are SA 510, SA 510 SA 550 covered?

[@itsdark3061]

You can check and download schedule in description .

[@hiteshagarwal8833]

Can we refer them for finals as well?

[@yourmommyisdownbadforme]

final ka to alag se karwa rahe ha na i guess

[@ManisaSharma-ni1zc]

Yes

[@aishwaryacl9196]

Where can i get these notes for free

[@anjanupadhyay38]

Rishab sir has given the notes on his telegram channel

[@aishwaryacl9196]

@@anjanupadhyay38 only handwritten notes is available there

[@anant_sureka]

tysm

[@sunilsontakke1274]

00:09 Chapter 1: Nature, Scope, and Objectives of Audit
15:28 Responsibility of management to prepare financial statements
26:40 The overall objective of an independent auditor is to obtain reasonable assurance on financial statements compliance.
29:03 Overall objective of an Auditor is to obtain reasonable assurance on financial statements.
52:10 Benefits of Statutory Audit
54:12 The director runs the business and is responsible for maintaining it.
1:03:40 Understanding the concept of engagement in auditing.
1:05:34 Engagement is a formal agreement between auditor and client.
1:11:00 Key points about investigation and auditing
1:31:04 Understanding the difference between audit and review
1:35:44 Importance and process of Limited Review in auditing
1:43:46 Review engagements and criteria for financial statements
1:48:00 Understanding the difference between audit and review
1:50:03 Understanding the difference between audit and review engagements
Thanj you

[@yashjaiswal2140]

Thank you so much sir jiii ❤❤❤❤❤

[@salonipuri8242]

1:31:50