This is wooow, Thanks for sharing this wonderful video. When are you going to do video on how to prepare leadsheet and lead schedule. Thanking you in advance
Lol. I know this was used as sample but "the difference is less than materiality so no follow up" is pretty risky. Quantitative materiality. Qualitative materiality. Why did the bank reconciliation contain cash as per GL line which does not tie to GL? May well be reconciliation errors. Or it may be that the competence of staff performing this procedures is questionable. At the very least bring up the unbalanced reconcile statement to the attention of the Finance Team to know whether it is WIP errors or a team that isn't actually as competent as you would be made to believe. If they can't get a reconciliation statement to balance, what other errors/fraud could slip through the cracks?
Excellent video. Thanks for sharing this important audit information.
Thanks appreciate the comment
Very useful information and video. Thank you so much
Appreciate your comment!
Very practical. Excellent Job!
Thank you! 🙏
This is wooow, Thanks for sharing this wonderful video. When are you going to do video on how to prepare leadsheet and lead schedule. Thanking you in advance
Hopefully soon 😁
So Good, Thank you!!!!
Thank you too!
Hello mam.. Greetings!!! Your videos are really very beneficial. Can you share audit of investments in mutual funds and equity shares
Thanks for your comment. Sure, I'll add this to my list.
Thank you so much for this 🙏
Thank you! 😊 😊
Hello, I really love your videos. Can you please do one for debt roll forward and interest expense reasonableness.
Thanks for your comment. I'll work on these in the coming weeks.
@@efiwecpa thank you
can we download the excel file?
Hi. These working papers are not available for download yet.
@@efiwecpa it will be more beneficial if we can download it. Thank you
Lol. I know this was used as sample but "the difference is less than materiality so no follow up" is pretty risky. Quantitative materiality. Qualitative materiality. Why did the bank reconciliation contain cash as per GL line which does not tie to GL? May well be reconciliation errors. Or it may be that the competence of staff performing this procedures is questionable. At the very least bring up the unbalanced reconcile statement to the attention of the Finance Team to know whether it is WIP errors or a team that isn't actually as competent as you would be made to believe. If they can't get a reconciliation statement to balance, what other errors/fraud could slip through the cracks?