00:10 Discussion of SA 560 and SA 701 04:15 Subsequent events refer to events occurring after the balance sheet date but before the auditor's report date. 09:31 Understanding subsequent events in audit procedures 12:02 Understanding the requirements for auditing private companies after 31st March. 16:46 Auditor's procedures for subsequent events 19:18 Procedures for reporting and disclosure in audits 24:11 Understanding the impact of changes on audit reports 26:16 The auditor becomes aware after issuing the report 30:53 After finalizing financial statements, discuss potential amendments with management. 32:39 Auditor's responsibilities post financial statement issuance 37:12 Understanding the significance of financial statement issue date 39:07 Audited Financial Statements and Reports 43:30 Understanding SA 560 and SA 701 is crucial for audit procedures. 45:36 Importance of providing a new audit report for amended financial statements. 49:40 Importance of amending financial statements 51:51 Importance of making modified opinions and notifying management 56:48 Importance of informing users about old audit reports 58:40 In India, amendments to financial statements are not allowed voluntarily after issuance. 1:02:29 Importance of new report and management action 1:04:35 Disclosure requirements and the auditor's response 1:10:12 Changes in audit report format discussed 1:12:25 Audit of financial statement and communication of audit matters 1:16:37 Improving communicative value and transparency in audit reports 1:19:19 SA 540 - Auditing of Accounting Estimates and Related Disclosures. 1:24:16 Importance of judgment in audit process 1:26:16 CAM is not a substitute for various auditing standards Crafted by Merlin AI.00:10 Discussion of SA 560 and SA 701 04:15 Subsequent events refer to events occurring after the balance sheet date but before the auditor's report date. 09:31 Understanding subsequent events in audit procedures 12:02 Understanding the requirements for auditing private companies after 31st March. 16:46 Auditor's procedures for subsequent events 19:18 Procedures for reporting and disclosure in audits 24:11 Understanding the impact of changes on audit reports 26:16 The auditor becomes aware after issuing the report 30:53 After finalizing financial statements, discuss potential amendments with management. 32:39 Auditor's responsibilities post financial statement issuance 37:12 Understanding the significance of financial statement issue date 39:07 Audited Financial Statements and Reports 43:30 Understanding SA 560 and SA 701 is crucial for audit procedures. 45:36 Importance of providing a new audit report for amended financial statements. 49:40 Importance of amending financial statements 51:51 Importance of making modified opinions and notifying management 56:48 Importance of informing users about old audit reports 58:40 In India, amendments to financial statements are not allowed voluntarily after issuance. 1:02:29 Importance of new report and management action 1:04:35 Disclosure requirements and the auditor's response 1:10:12 Changes in audit report format discussed 1:12:25 Audit of financial statement and communication of audit matters 1:16:37 Improving communicative value and transparency in audit reports 1:19:19 SA 540 - Auditing of Accounting Estimates and Related Disclosures. 1:24:16 Importance of judgment in audit process 1:26:16 CAM is not a substitute for various auditing standards
guys giving this comment after watching his above lectures and belive he is the best .....you should not doubt his ability ...he will teach you all concepts to clearly and the confidence which i was loosing in audit had regain within few days ... hoping for best in sep 2024
The correct way to teach audit can be learnt from this person...not only he clears the concept but also gives you confidence to remember the topic nicely..thank you so much Sir...I will remain forever indebted to you
S.Q's For Inter SA 560 1) Audit procedures relating to events occurring between the date of the financial statements and the date of the auditor's report. 2) Examples of Events SA 701 1) Purpose of communicating KAM 2) Determining KAM
Sir kuch logo ne puri fast track you tube par dalne ka promise kiya tha par sir thode video dalte hi faat gai shayad😂.... Sub k pass sir aapk jeetna bada dil nhi hota n jo students k liye itna selfless hokar soche ❤
Good Morning Sir, I Have A Question Regarding SA 560 How Can We Know After Issuance Of Audit Report, Existance Of Events Or Facts Or Subsequent events ?
00:10 Discussion of SA 560 and SA 701 04:15 Subsequent events refer to events occurring after the balance sheet date but before the auditor's report date. 09:31 Understanding subsequent events in audit procedures 12:02 Understanding the requirements for auditing private companies after 31st March. 16:46 Auditor's procedures for subsequent events 19:18 Procedures for reporting and disclosure in audits 24:11 Understanding the impact of changes on audit reports 26:16 The auditor becomes aware after issuing the report 30:53 After finalizing financial statements, discuss potential amendments with management. 32:39 Auditor's responsibilities post financial statement issuance 37:12 Understanding the significance of financial statement issue date 39:07 Audited Financial Statements and Reports 43:30 Understanding SA 560 and SA 701 is crucial for audit procedures. 45:36 Importance of providing a new audit report for amended financial statements. 49:40 Importance of amending financial statements 51:51 Importance of making modified opinions and notifying management 56:48 Importance of informing users about old audit reports 58:40 In India, amendments to financial statements are not allowed voluntarily after issuance. 1:02:29 Importance of new report and management action 1:04:35 Disclosure requirements and the auditor's response 1:10:12 Changes in audit report format discussed 1:12:25 Audit of financial statement and communication of audit matters 1:16:37 Improving communicative value and transparency in audit reports 1:19:19 SA 540 - Auditing of Accounting Estimates and Related Disclosures. 1:24:16 Importance of judgment in audit process 1:26:16 CAM is not a substitute for various auditing standards
00:10 Discussion of SA 560 and SA 701
04:15 Subsequent events refer to events occurring after the balance sheet date but before the auditor's report date.
09:31 Understanding subsequent events in audit procedures
12:02 Understanding the requirements for auditing private companies after 31st March.
16:46 Auditor's procedures for subsequent events
19:18 Procedures for reporting and disclosure in audits
24:11 Understanding the impact of changes on audit reports
26:16 The auditor becomes aware after issuing the report
30:53 After finalizing financial statements, discuss potential amendments with management.
32:39 Auditor's responsibilities post financial statement issuance
37:12 Understanding the significance of financial statement issue date
39:07 Audited Financial Statements and Reports
43:30 Understanding SA 560 and SA 701 is crucial for audit procedures.
45:36 Importance of providing a new audit report for amended financial statements.
49:40 Importance of amending financial statements
51:51 Importance of making modified opinions and notifying management
56:48 Importance of informing users about old audit reports
58:40 In India, amendments to financial statements are not allowed voluntarily after issuance.
1:02:29 Importance of new report and management action
1:04:35 Disclosure requirements and the auditor's response
1:10:12 Changes in audit report format discussed
1:12:25 Audit of financial statement and communication of audit matters
1:16:37 Improving communicative value and transparency in audit reports
1:19:19 SA 540 - Auditing of Accounting Estimates and Related Disclosures.
1:24:16 Importance of judgment in audit process
1:26:16 CAM is not a substitute for various auditing standards
Crafted by Merlin AI.00:10 Discussion of SA 560 and SA 701
04:15 Subsequent events refer to events occurring after the balance sheet date but before the auditor's report date.
09:31 Understanding subsequent events in audit procedures
12:02 Understanding the requirements for auditing private companies after 31st March.
16:46 Auditor's procedures for subsequent events
19:18 Procedures for reporting and disclosure in audits
24:11 Understanding the impact of changes on audit reports
26:16 The auditor becomes aware after issuing the report
30:53 After finalizing financial statements, discuss potential amendments with management.
32:39 Auditor's responsibilities post financial statement issuance
37:12 Understanding the significance of financial statement issue date
39:07 Audited Financial Statements and Reports
43:30 Understanding SA 560 and SA 701 is crucial for audit procedures.
45:36 Importance of providing a new audit report for amended financial statements.
49:40 Importance of amending financial statements
51:51 Importance of making modified opinions and notifying management
56:48 Importance of informing users about old audit reports
58:40 In India, amendments to financial statements are not allowed voluntarily after issuance.
1:02:29 Importance of new report and management action
1:04:35 Disclosure requirements and the auditor's response
1:10:12 Changes in audit report format discussed
1:12:25 Audit of financial statement and communication of audit matters
1:16:37 Improving communicative value and transparency in audit reports
1:19:19 SA 540 - Auditing of Accounting Estimates and Related Disclosures.
1:24:16 Importance of judgment in audit process
1:26:16 CAM is not a substitute for various auditing standards
Efforts appreciated
ai se nikal kar dala hai. pata hai.
@@ramjadhav1196 AI se nikala hai
2:02 - SA 560 - Subsequent events
1:09:24 - SA 701 - Communicating Key Audit Matter (KAM) in the Independent Auditor's Report
guys giving this comment after watching his above lectures and belive he is the best .....you should not doubt his ability ...he will teach you all concepts to clearly and the confidence which i was loosing in audit had regain within few days ... hoping for best in sep 2024
HAS SIR TAUGHT SA 710 COMPARATIVE INFORMATION?
IF YOU KNOW LECTURE THEN PLS GUIDE
@@jkokaur25 no
@@harshittiwari01N wat about sa 320 materiality?
@@jkokaur25 Yes but in Fastrack of final audit
The correct way to teach audit can be learnt from this person...not only he clears the concept but also gives you confidence to remember the topic nicely..thank you so much Sir...I will remain forever indebted to you
Yes 💯🙌
S.Q's For Inter
SA 560
1) Audit procedures relating to events occurring between the date of the financial statements and the date of the auditor's report.
2) Examples of Events
SA 701
1) Purpose of communicating KAM
2) Determining KAM
dev manus
SA 710 konse lect me covered hai??
Hey @pratik_todkar do you have a list of all SQ
1:24:33 Drafting KAM Paragraph
1:27:16 Applicability of KAM
i just landed here because harshid sir ke regular lecture m khuch smj ni aya sa 701 kya h, but my problem is solved, thankyou rishabh sir
100% conceptual clarity .. thanks for amazing lecture sir
if fast track has so much clarity so i wonder how are the regular lectures 🥰
I agree
Full agreed 💯
Yes do agree
They are amazing!
Audit becomes a practical subject
Does he teach in final also? If yes,what's the fees,and procedure to take classes?
SA 701 : 1:09:16
Everything is temporary but that chai serving is permanent at the starting 10 minutes
THANK YOU SOO MUCH SIR FOR PROVIDING QUALITY SESSIONS WITH CLARITY✨✨
Start - 3:41
Sir kuch logo ne puri fast track you tube par dalne ka promise kiya tha par sir thode video dalte hi faat gai shayad😂.... Sub k pass sir aapk jeetna bada dil nhi hota n jo students k liye itna selfless hokar soche ❤
u r talking about spc
I have watched almost all of your videos...I got so much clarity. thank you sir!!!!
(1:03:45) exam
SA 701: 1:09:30
SA 701 START - 1:09:29
1:09:31 SA 701 📌
1:08:00 Kam
Thank you very much sir!!
Thank u sir ❤
58:00
Best teacher of audit 😊,, thank you sir 😊
Day 8 ✅
1:09:24 (701)
Ek number❤
Sir kb tk khatam hojayega audit
14:09
1:19:18
Legend 🫡🫡🫡
Thank You Sir!!
sir...SA 701 ....communicate key audit matter in independence auditor's report
sir SA 710 konse lecture m krwaya hh apne????
cleared concepts in addition to those understood in my classes
Fast track batch ❌ Regular batch ✅
Yes itne concept clarity to offline waale regular me naa dete😂😂😂
Done 👍🏼👍🏼
Good Morning Sir,
I Have A Question Regarding SA 560
How Can We Know After Issuance Of Audit Report, Existance Of Events Or Facts Or Subsequent events ?
sir sa 710 and 299 bhi upload kar dijiye
❤❤
thankyousomuch sir
🔥🔥best
THANKYOU SOO MUCH SIR REALLY ENJOYED SUCH A CONCEPTUAL, AMAZING AND WONDERFUL SESSION
thank you so much sir
Thank you so much sir :))
Speechless..teaching just wow ..❤❤ #RJSIR.❤❤💯💯 #alltimefav....❤❤ #favsir❤💯
Thnku sir for clarity
How's audit of rishab sir?
36:12 summary till now SA 560
Sir please upload bank and joint audit
so we can say that subsequent event of this year may become a key audit matter in the next financial year?not in all cases but in some cases
Sir , from where can I see SA 501 and SA 550 I can't find it on RUclips on your channel
710,600& 229 ?
SA 710 kha h?
Sir audit of bank kab hoga
Sir ne Audit of bank karwaya hai ya nhi.
Karwaya hai toh konse lecture mai karwaya hai
Koi btado isse related kuch pata hai toh
Plz🙏🏻🙏🏻
Prev year fastrack me may be mil jaye .. Audit of bank me chng nhi h toh refer kr skte wo
710 konse lecture me covered hai ?
watch Separate audit lamp video on sa710
Sir chapters nhi krne vale ho ky aap ?
Sirf SA hi rhega ky ?
Bro woh bhi hoga after the completion of SA's
Samjl rishabh sir
Sir, If fact known to auditor is not a subsequent event then y f/s need to be amended ?
Facts known to auditor are also subsequent events
Sir SA 710 isnt covered
Where can i get notes for free
His Telegram channel
@@Sanvi_says only handwritten notes is available ☹️i need these material
I have
@@danishchaudhry6204 soft copy ?
@@aishwaryacl9196 yes
Sir yaad nhi ho pa rha h samjh arha h but.
SA 710, 299???
Mila kya?
mila to batao
710 Mila ?
Mila??
00:10 Discussion of SA 560 and SA 701
04:15 Subsequent events refer to events occurring after the balance sheet date but before the auditor's report date.
09:31 Understanding subsequent events in audit procedures
12:02 Understanding the requirements for auditing private companies after 31st March.
16:46 Auditor's procedures for subsequent events
19:18 Procedures for reporting and disclosure in audits
24:11 Understanding the impact of changes on audit reports
26:16 The auditor becomes aware after issuing the report
30:53 After finalizing financial statements, discuss potential amendments with management.
32:39 Auditor's responsibilities post financial statement issuance
37:12 Understanding the significance of financial statement issue date
39:07 Audited Financial Statements and Reports
43:30 Understanding SA 560 and SA 701 is crucial for audit procedures.
45:36 Importance of providing a new audit report for amended financial statements.
49:40 Importance of amending financial statements
51:51 Importance of making modified opinions and notifying management
56:48 Importance of informing users about old audit reports
58:40 In India, amendments to financial statements are not allowed voluntarily after issuance.
1:02:29 Importance of new report and management action
1:04:35 Disclosure requirements and the auditor's response
1:10:12 Changes in audit report format discussed
1:12:25 Audit of financial statement and communication of audit matters
1:16:37 Improving communicative value and transparency in audit reports
1:19:19 SA 540 - Auditing of Accounting Estimates and Related Disclosures.
1:24:16 Importance of judgment in audit process
1:26:16 CAM is not a substitute for various auditing standards
Thank you so much sir ❤