How to learn the auditing standards EASILY! 4 top tips!

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  • Опубликовано: 18 окт 2024

Комментарии • 119

  • @jonahwemin1722
    @jonahwemin1722 2 года назад +14

    Hi Amanda, truly I support one comment stating "your generosity to share your knowledge for free like this is beyond measure" is very true. I got HD just by watching each of your videos relating to each topic in my Professional Accounting Masters at Deakin University. I still listen and watch your videos as they are not just for learnign but inspiring and captivating.

  • @vennyhearts2064
    @vennyhearts2064 4 года назад +9

    I needed this! Thankyou so much, Amanda!!! I was just praying, you came in like an Angel! ❤️

  • @bvumayichatikobo3131
    @bvumayichatikobo3131 4 года назад +13

    The, Doc, has spoken again, thanks indeed for not tiring on this endeavour, your generosity to share your knowledge for free like this is beyond measure, i am personally not taking this kind of gesture any lightly......looking forward to the next nuggets of wisdom.....God bless and happy weekend, Doc

    • @amandalovestoaudit
      @amandalovestoaudit  4 года назад +1

      Have a great weekend too - thank you for all of your lovely comments ❤️

  • @mbalenhlezulu194
    @mbalenhlezulu194 3 года назад +6

    Thank you Amanda I current doing my second year and will take my next step with you .
    Mbalenhle Zulu South africa

  • @JG-wb4nq
    @JG-wb4nq 3 года назад +3

    The way you go through all this points is amazing and unique. My gratitude from Mozambique 🇲🇿

    • @amandalovestoaudit
      @amandalovestoaudit  3 года назад

      You’re so welcome! Thanks for watching and leaving a comment 🙏☺️

  • @vennyhearts2064
    @vennyhearts2064 4 года назад +8

    I have a target of a month to complete all the Standards in depth. I am aiming for full marks. Maybe its a little too much to expect, but I want to give it a try. I got to do this. I promise, I'll let you know about how my plan goes.
    THANKYOU SO MUCH, TEACHER!!!! ❤️❤️❤️❤️❤️

  • @tristofaniagasta3074
    @tristofaniagasta3074 Год назад +1

    This is exactly good motivation for beginner like me, I was a Physics student who never learn about auditing, suddenly I got a job to audit government-owned companies. This insight really helpful to understand where I should start. Thank you ma'm

    • @Cherry-pu4mx
      @Cherry-pu4mx 7 месяцев назад

      How on earth do you land an auditing job without qualifications or certification 😂

    • @tristofaniagasta3074
      @tristofaniagasta3074 7 месяцев назад

      @@Cherry-pu4mx I am not sure how, but there is some hiring info from friends and families and I tried them all. At first I am overwhelmed to study laws and basic accounting, but I just try to enjoy it

  • @Denis-hw5ci
    @Denis-hw5ci 10 месяцев назад

    Thank you for making the videos. Absolutely valuable for anyone interested in auditing.

  • @judenarca4003
    @judenarca4003 3 года назад +4

    Love the contents... So clear and helpful... Thank you Doc, from the Philippines ♥️

  • @vincentmboti
    @vincentmboti 5 месяцев назад

    Thank you Amanda for your nice explanation.

  • @ethelakayombokwa8038
    @ethelakayombokwa8038 3 года назад +3

    Thank you so much, Gratitude from Namibia!

  • @ugyentenzindorji36
    @ugyentenzindorji36 2 года назад

    💕much Love and much more humble Gratitude all the way from BHUTAN, Thank You Dr.Amanda for your wonderful teachings.🙏 wishing you Good Health

  • @FaisalNassir-q1i
    @FaisalNassir-q1i Год назад

    Hi, Amanda , you're really great in all aspects

  • @abrarniloy4504
    @abrarniloy4504 2 года назад

    Thank you for such a wonderful lecture. From Bangladesh.🇧🇩🇧🇩🇧🇩

  • @michiremwaura9811
    @michiremwaura9811 3 года назад +1

    I enjoyed every section. Thank you so so much Amanda. Kenya we come

  • @demissehaile1627
    @demissehaile1627 3 года назад +1

    Thank Dr Amanda for you video .

  • @pipeelon0204
    @pipeelon0204 3 года назад +2

    nice video, its very intereresting to know where to begin at this matter

  • @PJay6799
    @PJay6799 3 года назад

    Thank you Amanda, finding this very helpful and applying it to my auditing with clients. Hi and love from Papua New Guinea.

  • @deborahking3532
    @deborahking3532 2 года назад

    Hi Amanda is your auditing standards videos updated to the latest standards. Thank you for this video, I appreciate your tips.

  • @nikko9525
    @nikko9525 3 года назад

    Love your videos. Love your accent with respect. Your topics are interesting Thank you.

  • @leaboois6690
    @leaboois6690 3 года назад +2

    Hi Amanda! thank you so much this is what I needed.

  • @salimabdulrahimbafadhil2545
    @salimabdulrahimbafadhil2545 3 года назад +1

    You make me understand alot Alhamdulillah love from Tanzania ❤

  • @Theunspoken_52
    @Theunspoken_52 3 года назад +1

    Good insights , thank you Amanda

  • @ThePinoyMamba
    @ThePinoyMamba Год назад

    Hello! Thank you so Much Professor! Your videos helped me so much!

  • @kuldipsingh2278
    @kuldipsingh2278 Год назад +1

    Hi Amanda, first of all love your videos, very insightful and helped me alot. Quick question pls, what is the trandard relates to auditor's responsibilities? Thank you

  • @sarojdas6372
    @sarojdas6372 4 года назад +6

    Love from India ❤️

  • @simahad116
    @simahad116 2 года назад +1

    Thank you

  • @nintamarantarou96
    @nintamarantarou96 4 года назад

    Thank you for helping me to pass AAA120 CAANZ paper.. your video really helpful.

    • @amandalovestoaudit
      @amandalovestoaudit  4 года назад

      You're welcome - and congratulations!!! Moving on to FIN next?

    • @nintamarantarou96
      @nintamarantarou96 4 года назад

      AmandaLovesToAudit Yeah I took FIN and MAAF for this round.. few days left before the exam, wish me luck. Thanks 😊

  • @nokulunganolwazimakhoba3701
    @nokulunganolwazimakhoba3701 3 года назад +6

    I love you ❤️ from south Africa

    • @amandalovestoaudit
      @amandalovestoaudit  3 года назад +1

      Thanks for watching!

    • @nelsoncastanho8261
      @nelsoncastanho8261 2 года назад +1

      Nothing related to the video but I lived in south Africa for 3 years and I miss it every day for the past 22years

  • @jaxkarenya6205
    @jaxkarenya6205 4 года назад +1

    Good job Amanda.👏👏👏

  • @gervith103
    @gervith103 4 года назад

    Hi Amanada, thank for the video. Have a nice day!

  • @Shubham6699
    @Shubham6699 3 года назад +4

    Thanks amanda i was about to start audit for CA FINAL Examination conducted by ICAI.
    Only one question is there any particular order to learn standards on auditing. Like 200 series then 300 series and so on or otherwise. Kindly advise. :)

    • @amandalovestoaudit
      @amandalovestoaudit  3 года назад

      Hi Shubham - I always start in order because they build on each other 😊

  • @savinadhikari8652
    @savinadhikari8652 4 года назад

    Hi Amanda, a regular follower from Nepal.

  • @makossontchoua2610
    @makossontchoua2610 2 месяца назад

    Really interesting ❤

  • @abdihakimcumar7916
    @abdihakimcumar7916 4 года назад

    Thank you
    This is a helpful lecture

  • @amusaazeez4410
    @amusaazeez4410 3 года назад +1

    Love from Nigeria Amanda, been an auditor with little experience in audit how can I put this into practice on my own with practical example, with unprepared financial statement

    • @amandalovestoaudit
      @amandalovestoaudit  3 года назад

      Practice on some companies - use publicly available financial statements

  • @remravina5080
    @remravina5080 2 года назад

    Hi Amanda, I had an issue what will you suggest in my Home owners association , they dont have a financial statement since 2015 up to.now?

  • @bincbg4354
    @bincbg4354 4 года назад +3

    How do you remember all the requirements for exam? 🙈 Advanced Audit Exam in 16 days.

    • @amandalovestoaudit
      @amandalovestoaudit  4 года назад

      Hi Binc! Do you get to bring all of the standards in with you to the exam? If so - then being organised is more important that remembering them all :)

    • @bincbg4354
      @bincbg4354 4 года назад

      AmandaLovesToAudit Hi Amanda! Thank you for the reply. We don’t get to bring the ISAs list to Exam. We are given case questions and have to figure out which ISA we can apply and what the requirements are.

    • @amandalovestoaudit
      @amandalovestoaudit  4 года назад

      @@bincbg4354 Ok - I'd take the approach of learning 2-3 key things about every single standard. Of course, in ISA 560/570 there are more complications. But some can be very brief like "ISA240 - auditors must consider any potential for fraud, and if an indicator of potential fraud is present - gather evidence to determine if fraud may be present". Good luck!

    • @bincbg4354
      @bincbg4354 4 года назад

      AmandaLovesToAudit Thank you! Writing down the key things. Hopefully I’ll remember ☺️☺️☺️ Thank you again

  • @arifhossain1189
    @arifhossain1189 3 года назад +1

    thanks

  • @sylvester8589
    @sylvester8589 4 года назад +1

    Hi dr Amanda.
    If given such situation;
    Client implemented wrong accounting treatment to one particular account.
    We as auditors, proposed audit journal adjustment.
    Client followed our proposed audit journal.
    What should be our opinion? Unmodified or... should we put in Notes or its not necessary?

    • @amandalovestoaudit
      @amandalovestoaudit  4 года назад

      Are the financial statements now fairly presented? If yes - then unqualified.

  • @maboduhabib9063
    @maboduhabib9063 3 года назад +1

    I wish I can Like this video more than once

  • @hasinarafenoarisoa7063
    @hasinarafenoarisoa7063 4 года назад

    Thank you so much!

  • @sybelled.serafin3246
    @sybelled.serafin3246 3 года назад

    what is your thought on the relevance on the subject of government auditing for your future career as an accountant?

    • @amandalovestoaudit
      @amandalovestoaudit  3 года назад

      Hi Sybelle - government auditors are critical! Without them - we don’t have accountability for government department spending ☺️

  • @godfreyngowi6434
    @godfreyngowi6434 3 года назад +1

    Asante sana dada

    • @amandalovestoaudit
      @amandalovestoaudit  3 года назад

      Thank you so much for the kind words! (I used Google translate 😊)

  • @babythomas5916
    @babythomas5916 4 года назад +1

    Hi Dr. Amanda, I am doing BS in Accounting in USA and I have Auditing this semester. I was wondering if it’s same in Australia and USA.

    • @amandalovestoaudit
      @amandalovestoaudit  4 года назад +1

      Hi Akshaya! The principles of auditing at the same the world over. The US standards are quite closely aligned with the ISAs, but some slight differences. However, learning them requires the same educational approach that I’ve outlined 😊

    • @babythomas5916
      @babythomas5916 4 года назад +1

      AmandaLovesToAudit Thanks Dr.White

    • @amandalovestoaudit
      @amandalovestoaudit  4 года назад

      You’re welcome!

  • @abdusalam6338
    @abdusalam6338 4 года назад +1

    Love from India 😘😘

    • @amandalovestoaudit
      @amandalovestoaudit  4 года назад

      Hello from Australia 🇦🇺 👋👋 thank you for your comment 😊

  • @Muhammadabdullah-rb8ik
    @Muhammadabdullah-rb8ik 2 года назад

    What do u think about profession "CA"

  • @aishwaryasrivastava2759
    @aishwaryasrivastava2759 2 года назад

    Great

  • @arrienejoyperucho6201
    @arrienejoyperucho6201 2 года назад

    Hi miss Amanda, im new to this auditing procedure, im just hire last february and being promoted this November as one of the audit team. do you have any tips for a newbie and how can i control and make my question pertaining with the procedure and standard. ISO 14001, 45001 and 9001. Thank you.

  • @lewisakim7880
    @lewisakim7880 2 года назад +1

    Please is there ISA 1 - 10

  • @calissasquid
    @calissasquid 2 года назад

    Hi/Hello Doc!

  • @shubham.shubham7837
    @shubham.shubham7837 4 года назад

    tysm i need charts for each topic on auditing concepts for professional exam if you know where and how get charts/diagrams to explain concepts with charts easily.

    • @amandalovestoaudit
      @amandalovestoaudit  4 года назад

      Hi Shubham - you are much better off drawing them yourself to really embed the knowledge. I use a lot of diagrams in my explanations of audit concepts - many students take a screen shot from my videos. You can find them on the study guide - bit.ly/studyaudit

  • @danielgordon4760
    @danielgordon4760 4 года назад

    Amanda, what is the purpose of ASA 101, compared to ASA 100?

    • @amandalovestoaudit
      @amandalovestoaudit  4 года назад +1

      Hi Daniel - I honestly don't know why they don't combine them (& that is a great question to ask the AUASB Technical Director the next time I catch up with him!). They both way we have to comply with the mandatory requirements. ASA100 says that these are represented by the bold type - but the bold type doesn't exist anymore in modern standards. So ASA101 explicitly then explains what paragraphs under specific headings you have to follow.
      This is definitely something I will be asking the AUASB the next time I get a meeting with them!

  • @EthailDagim
    @EthailDagim 3 года назад

    Hellow amanda i need information about how excise tax is calculated in sweet product in your country. i need it for my research paper.........please ''from Ethiopia.""

    • @amandalovestoaudit
      @amandalovestoaudit  3 года назад

      Hi - www.google.com/search?q=excise+tax+australia&rlz=1C5CHFA_enAU887AU887&oq=excise+tax+australia&aqs=chrome..69i57j0i512j0i22i30l7.2428j0j15&sourceid=chrome&ie=UTF-8

  • @bibhavluitel175
    @bibhavluitel175 4 года назад +4

    You could have simply said, READ OUT EVERYTHING!

    • @amandalovestoaudit
      @amandalovestoaudit  4 года назад

      Reading everything is important - understanding the key points - check out my 2 most recent videos for ACCA help where I give advice about whether you need to memorize the standards.

  • @vikumlakmal40
    @vikumlakmal40 3 года назад

    good letures

  • @amusaazeez4410
    @amusaazeez4410 3 года назад

    What is the best textbox for audit

    • @amandalovestoaudit
      @amandalovestoaudit  3 года назад

      I really like the Gay & Simnett textbook, otherwise Arens is another popular choice

  • @kireshmaragesh7711
    @kireshmaragesh7711 2 года назад

    Why do your links never work?

  • @sandunbalasooriya6538
    @sandunbalasooriya6538 3 года назад +1

    🤩

  • @DdddG-ls7db
    @DdddG-ls7db 6 месяцев назад

    🙌🙏🏻

  • @shahzstudio3889
    @shahzstudio3889 3 года назад +1

    Love from pakistan

    • @amandalovestoaudit
      @amandalovestoaudit  3 года назад +1

      Thank you Shahz!

    • @shahzstudio3889
      @shahzstudio3889 3 года назад

      @@amandalovestoaudit Mam i am really impressed by your way of communication . Would like to learn from you in future.

  • @henryhuang7553
    @henryhuang7553 2 года назад

    Oh my god I hate auditing which is pretty hard, never easy

  • @pradeepreddyap
    @pradeepreddyap 3 года назад

    Dats good ...but u request u explain with practical examples not just reading the standard

    • @amandalovestoaudit
      @amandalovestoaudit  3 года назад +1

      Hi - I'm a little confused by your comment. In my series examining each auditing standard in detail, I do give practice examples.

  • @AmberHillman-jq8jy
    @AmberHillman-jq8jy Год назад

    Audit channel reading.