Thanks again, Doc, well done, I am following your series religiously like prescribed medication. I am getting wiser after every episode......please continue to unpack Auditing I am beginning to love it too.
Doctor White, you are amazing. I am a 10 years accountant veteran studying for my ACCA exam. The way you transfer knowledge is just amazing. Thank you.
Thank you Doc. I am from Zimbabwe your videos really help me a lot I am an accounting student and I am writing my final exams, you have a great way of summarizing everything I need.
Overall video is good but it will help a lot when you emphasize everything in more detail. To have more focus on every point. This makes your video more interesting and makes audit easy for us.
thank you for your videos. I am from Malaysia. I have been watching your videos since morning until night! haha, I am super worried for my audit exam for this month. hope you can do videos on how to answer ACCA audit questions !!
Hi! Try this video aimed at students studying for their professional qualification ruclips.net/video/yC2G97NA32c/видео.html And this series that was my ACCA help line ruclips.net/video/ojPUiSwLNho/видео.html Don’t forget ACCA’s own practice tests and prior year exams and solutions on their website.
Hi! I want to ask if this test of control could be effective. If I want to see if there is no bogus and duplicate employee information in the system, can an attempt to integrate a bogus/duplicate info on the system help (ensuring that it is rejected)?
@@amandalovestoaudit I see...I'd imagine I would attempt the fake employee info insert right after tracing a sample of the payroll run to both employee register details and the employees themselves.
Hi! Definitely check out my study guide that will cover most things for F8 amandalovestoaudit.com/learning-resources/audit-study-guide/ And also my reviews of the auditing standards (ISAs)
We need to start talking like we're in the 21st century. I doubt many companies still use timesheets...automated time keeping systems are used. How do we audit and verify information in automated workflow systems...that is what should be taught in all areas being audited.
Hi Dan - if you have more information on automated time keeping systems - I'd love to know more. In talking with people who work in Big 4 accounting firms, right down to supermarket workers - they are still having to record time worked in some way.
@@amandalovestoaudit Hello Amanda, thanks for responding and sorry for the snotty comment. My point is that a lot of documentation (e.g. work hours, receivers, po's, purchase reqs, various levels of approvals, etc) are contained within systems with no physical paper or reports. I suggest we teach a physical paper based system but also describe to some extent how to audit in a more automated, workflow based system. Keep up the good work on your videos!
I would love to teach my students on automated systems - alas, trying to get approval for such things I've found to be very difficult. When paper systems move online, testing the controls and the general IT environment become so critical. Thank you for sharing - we all have different perspectives and experiences and working together is how we can learn and grow the fastest :)
Just wonder we can cash 5 days on annual leave and 2 days on long service leave in New Zealand. If we don't take that 7 days and sell them back to the company, does it cost more for the company? If we take leave instead, will it save the company money?
That is a great question! Theoretically it will be the same cost if you take annual leave than if you cash-in or sell your annual leave for funds instead. The only consideration is if cashing out your annual leave takes you to the next pay/tax bracket - this would affect you, not your employer.
Thanks again, Doc, well done, I am following your series religiously like prescribed medication. I am getting wiser after every episode......please continue to unpack Auditing I am beginning to love it too.
Thank you Bvumayi 😊
Doctor White, you are amazing. I am a 10 years accountant veteran studying for my ACCA exam. The way you transfer knowledge is just amazing. Thank you.
This is fantastic news Marie - I’m sure you’ll do really well - use all of that experience to help put your studies in context 😊
Mam, your way of teaching is amazing😍😍😍. I am CA student, your videos helps me a lot. Thanks
That is very true! CA should have her in their team. She makes Auditing more interesting!!!
Aww thank you Pradeep!
Thank you so much Antana 🙏🙏❤️
Thank you Doc. I am from Zimbabwe your videos really help me a lot I am an accounting student and I am writing my final exams, you have a great way of summarizing everything I need.
Thank you very much for your help , may Almighty GOd bless you . Your lectures enabled me to pass my CPA auditing exam
That is such fantastic news Nditi - congratulations!!!!
I thank God for you
Thanks Dr. Amanda, your explanation was very thorough and easily understood.
I am doing ACCA AAA and this video really helps.
That is great to hear Nicole - good luck!
This is an incredibly helpful presentation. Thanks!
You’re welcome! Thanks for watching 😊
You just helped me write my assignment 😭 thank you
I hope you did well ☺️
Done watching. Thank you for this video lecture.
You’re welcome Trixie - best of luck in your studies!
thank you for your content, i somewhat struggle with this module so videos like this are a great help
perfect thanks . always need this type of guidance.
Thank you Shubham ☺️
Overall video is good but it will help a lot when you emphasize everything in more detail. To have more focus on every point. This makes your video more interesting and makes audit easy for us.
I love you my teacher. ^_^ I’m Thailand.
thank you for your videos. I am from Malaysia. I have been watching your videos since morning until night! haha, I am super worried for my audit exam for this month. hope you can do videos on how to answer ACCA audit questions !!
Hi! Try this video aimed at students studying for their professional qualification
ruclips.net/video/yC2G97NA32c/видео.html
And this series that was my ACCA help line
ruclips.net/video/ojPUiSwLNho/видео.html
Don’t forget ACCA’s own practice tests and prior year exams and solutions on their website.
Thank you for this lecture!
Done watching. Thank you!
Thankyou for Sharing Lectures
Thanks for the video learning ❣️
Done watching! Thank you po❤️🥰
Hi! I want to ask if this test of control could be effective.
If I want to see if there is no bogus and duplicate employee information in the system, can an attempt to integrate a bogus/duplicate info on the system help (ensuring that it is rejected)?
That is one option ☺️ but it won’t help you identify if any fake employees currently in the system (if the control was circumvented some how)
@@amandalovestoaudit I see...I'd imagine I would attempt the fake employee info insert right after tracing a sample of the payroll run to both employee register details and the employees themselves.
thanks you for the valuable video
Hi Amanda can please do a video on reconciliation of costs outside payroll
Wonderful...thankz
You're welcome!
thx i am doing my acca f8 audit and assurance does this help??? but i do learn alot i am taking ACCA
Hi! Definitely check out my study guide that will cover most things for F8
amandalovestoaudit.com/learning-resources/audit-study-guide/
And also my reviews of the auditing standards (ISAs)
@@amandalovestoaudit ok
Thank you.
Thanks, your video is helpful
You're very welcome!
We need to start talking like we're in the 21st century. I doubt many companies still use timesheets...automated time keeping systems are used. How do we audit and verify information in automated workflow systems...that is what should be taught in all areas being audited.
Hi Dan - if you have more information on automated time keeping systems - I'd love to know more. In talking with people who work in Big 4 accounting firms, right down to supermarket workers - they are still having to record time worked in some way.
@@amandalovestoaudit Hello Amanda, thanks for responding and sorry for the snotty comment. My point is that a lot of documentation (e.g. work hours, receivers, po's, purchase reqs, various levels of approvals, etc) are contained within systems with no physical paper or reports. I suggest we teach a physical paper based system but also describe to some extent how to audit in a more automated, workflow based system. Keep up the good work on your videos!
I would love to teach my students on automated systems - alas, trying to get approval for such things I've found to be very difficult. When paper systems move online, testing the controls and the general IT environment become so critical.
Thank you for sharing - we all have different perspectives and experiences and working together is how we can learn and grow the fastest :)
@@PETERSILLINOIS Interesting comments Dan, however some of us in England still work with allot of companies who are still using timesheets.
Just wonder we can cash 5 days on annual leave and 2 days on long service leave in New Zealand. If we don't take that 7 days and sell them back to the company, does it cost more for the company? If we take leave instead, will it save the company money?
That is a great question! Theoretically it will be the same cost if you take annual leave than if you cash-in or sell your annual leave for funds instead. The only consideration is if cashing out your annual leave takes you to the next pay/tax bracket - this would affect you, not your employer.
@@amandalovestoaudit thanks for the clarification 😊
Done watching, thank you!