ALL Standards on Auditing (SAs) Marathon - 40 Marks Guaranteed | CA Final & CA Inter Audit - Nov'24

40 Marks in Audit = 12 Hours + 58 Pages!!! 🔥🔥🔥

Yes! You read that right!!!
Just covered ALL Standards on Auditing (SAs) through Massive FREE & BESTTTTT QUALITY 12 Hours of Content on Youtube 🔥🔥🔥

And That too ONLY in Just 58 Pages for All SAs!!! 😱😱😱

"Which means you would have cut a lot of content!"

Don't worry, I have covered everything that is relevant to score 80 marks atleast, other topics are not that relevant 😊❤️

Ek baar bharosa karke dekhiye, niraash nahi karunga 😁🔥

Also, Overwhelmed & Grateful to see your Love, Support & 100% Positive & Appreciative Comments on my Videos ♥️♥️♥️

Bas duwaaon me yaad rakhna 😉

Ps: Starting SRS, SRE & SAE after this one!!! ♥️

Haven't watched my videos yet???
Just Watch Marathon once & Retain Audit for longer 😉😊♥️

Do share it with your friends! 😉

Iss baar Audit me Exemption paar 🔥

Hum CA Banenge ✨️

00:00 Intro
01:00 SQC 1 & SA 220
1:17:15 SA 200
1:29:50 SA 210
1:47:10 SA 230
1:52:45 SA 240
2:31:00 SA 250
2:46:35 NOCLAR
2:58:20 SA 260
3:14:30 SA 265
3:20:15 SA 299
3:33:40 SA 300
3:53:20 SA 315
4:11:30 SA 320
4:18:30 SA 330
4:22:45 SA 402
4:53:20 SA 450
5:02:00 SA 500
5:13:45 SA 501
5:32:55 SA 505
5:46:00 SA 510
5:55:40 SA 520
6:05:20 SA 530
6:26:45 SA 550
6:39:10 SA 540
7:11:05 SA 560
7:32:30 SA 570
7:51:00 SA 580
8:03:15 SA 600
8:18:40 SA 610
8:40:25 SA 620
9:06:45 SA 700
9:23:40 SA 701
9:33:30 SA 705
9:57:40 SA 706
10:06:20 SA 710
10:19:00 SA 720
10:30:40 SA 800
10:47:35 SA 805
11:16:00 SA 810

[ankushchirimar]

Buy Concept Book & Test Series - ankushchirimarclasses.com

40 Marks in Audit = 12 Hours + 58 Pages!!! 🔥🔥🔥

Yes! You read that right!!!
Just covered ALL Standards on Auditing (SAs) through Massive FREE & QUALITY 12 Hours of Content on Youtube 🔥🔥🔥

And That too ONLY in Just 58 Pages for All SAs!!! 😱😱😱

"Which means you would have cut a lot of content!"

Don't worry, I have covered everything that is relevant to score 80 marks atleast, other topics are not that relevant 😊❤️

Ek baar bharosa karke dekhiye, niraash nahi karunga 😁🔥

Also, Overwhelmed & Grateful to see your Love, Support & 100% Positive & Appreciative Comments on my Videos ♥️♥️♥️

Bas duwaaon me yaad rakhna 😉

Ps: Starting SRS, SRE & SAE after this one!!! ♥️

Haven't watched my videos yet???
Just Watch Marathon once & Retain Audit for longer 😉😊♥️

Do share it with your friends! 😉

Iss baar Audit me Exemption paar 🔥

Hum CA Banenge ✨️

[Mysterious_]

Time stamp
00:00​ Intro
00:01:00 SQC 1 & SA 220
1:17:15​ SA 200
1:29:50​ SA 210
1:47:10​ SA 230
1:52:45​ SA 240
2:31:00​ SA 250
2:46:35​ NOCLAR
2:58:20​ SA 260
3:14:30​ SA 265
3:20:15​ SA 299
3:33:40​ SA 300
3:53:20​ SA 315
4:11:30​ SA 320
4:18:30​ SA 330
4:22:45​ SA 402
4:53:20​ SA 450
5:02:00​ SA 500
5:13:45​ SA 501
5:32:55​ SA 505
5:46:00​ SA 510
5:55:40​ SA 520
6:05:20​ SA 530
6:26:45​ SA 550
6:39:10​ SA 540
7:11:05​ SA 560
7:32:30​ SA 570
7:51:00​ SA 580
8:03:15​ SA 600
8:18:40​ SA 610
8:40:25​ SA 620
9:06:45​ SA 700
9:23:40​ SA 701
9:33:30​ SA 705
9:57:40​ SA 706
10:06:20​ SA 710
10:19:00​ SA 720
10:30:40​ SA 800
10:47:35​ SA 805
11:16:00​ SA 810

[murlipunase]

SA 600 8:03:15
Principal Auditor’s Procedures 8:06:07
Other Procedures 8:08:20
Documentation 8:09:30
Acceptance as Principal Auditor 8:11:26
Division of Responsibility 8:13:15
Reporting Considerations 8:15:05
Co-ordination Between Auditors 8:16:54

SA 610 8:18:40
External Auditor’s (EA) Responsibility for Audit 8:20:27
Objectives of EA, where entity has IAF 8:21:09
Evaluating whether work of IAF can be used for Audit 8:22:12
Nature & Extent of Work of IAF that can be used 8:23:51
Using less of work of IAF 8:27:34
Using Work of IAF 8:29:34
*Whether IA can be used to provide Direct Assistance 8:31:25
Evaluating significance of threats to objectivity of IA, following factors are relevant 8:32:33
EA shall not use IA to provide direct assistance if - 8:35:38
Nature & Extent of Work for using Direct Assistance 8:35:05
EA shall not use Direct Assistance for below work 8:36:58
Review of work performed by IAs 8:39:22

SA 620 8:40:25
Auditor’s Expert 8:40:32
SA-620 does not deal with 8:44:13
Determining Need for Auditor’s Expert 8:44:23
Whether to use Auditor’s Expert? Consider 8:46:20
When Mgt has used Mgt’s expert 8:47:36
Considerations for NTE of Audit Procedures 8:51:06
Need for more extensive procedures exist when 8:52:49
Evaluating objectivity of auditor’s expert 8:53:47
Agreement with Auditor’s Expert in Writing 8:56:25
Need for detailed agreement is required when 8:57:21
Evaluating Adequacy of Auditor’s Expert Work 8:59:09
When Work of Expert is not adequate 9:04:15
Reference to Auditor’s Expert in Report 9:05:20

SA 580 7:51:00
WR as audit evidence 7:52:03
*WR about Mgt responsibilities - 7:53:34
Why WR for Mgt responsibilities are necessary? 7:54:51
Description of Mgt responsibilities in WR 7:56:31
*Date of WR 7:57:05
*Period covered by WR 7:58:45
Form of WR 7:59:16
*Doubt as to reliability of WR 8:00:18
*Requested WR not provided 8:02:30

SA 570 7:32:30
Responsibility for assessment of entity ability to continue as GC 7:33:34
Responsibilities/Objectives of auditor 7:34:36
Risk assessment procedures 7:36:43
*Evaluating Mgt Assessment 7:37:45
*Additional procedures when events or conditions are identified 7:40:09
Disclosures when events or conditions identified & material uncertainty exists 7:42:43
Significant Delay in Approval of FS 7:45:56
*Implications for auditor report 7:46:53
Eg of events or conditions that may cast significant doubt on entity ability to continue as GC 7:50:15

SA 560 7:11:05
Objectives of Auditor 7:15:44
Procedures for Events B/w FS & Report Date 7:16:17
Facts that is known to auditor after date of report but before date FS are issued 7:19:32

SA 550 6:26:45
Related Party 6:26:45
Meaning of control and significant influence 6:29:21
Whether FRF establishes A/c & Disclosure requirements for RP relationships, transactions & balances 6:30:01
Engagement team discussion while understanding Entity RP relationships 6:32:26
*Identification of previously unidentified or undisclosed RP transactions 6:34:42
*Identified significant RP transactions outside Entity normal course of business 6:36:54

SA 540 6:39:10
*RAP for AE (Minimizing ROMM) 6:40:28
Inquiries of Mgt about changes in circumstances 6:41:26
How Mgt makes AE – Including - 6:42:29
*Responses to Assessed ROMM (FAP) 6:46:01
In response to assessed ROMM, auditor shall undertake following 6:47:01
This can be achieved by – 6:49:41
*AE that give rise to Significant Risks 6:52:16
Degree of Estimation Uncertainty – Varies Based on 6:56:26
Evaluation of Outcome of AE 6:57:44
*AE of Prior Period 6:58:35
Disclosures Related to AE 7:03:24
Presentation of FS includes below disclosure 7:04:01
Low estimation uncertainty 7:06:55
High estimation uncertainty AE 7:08:29
Eg of AE, other than FV AE are 7:09:56
Eg of FV AE are (IND AS) 7:10:36

SA 530 6:05:20
Audit Sampling 6:05:26
Tolerable misstatement 6:05:53
Tolerable rate of deviation 6:06:11
Anomaly 6:06:25
Approaches to Sampling (Types of Sampling) 6:08:55
Types of Risks in Sampling 6:10:12
Sample Size 6:15:34
Eg of Factors Influencing Sample Size 6:16:14
Sample Selection on Methods 6:18:33
Random Sampling 6:18:35
Interval or Systematic Sampling 6:20:01
Monetary Unit Sampling 6:20:35
Haphazard sampling 6:21:04
Block Sampling 6:21:19
Performing Audit Procedures 6:21:54
Projecting Misstatements 6:22:56
Nature & Cause of Deviations & Misstatements 6:25:38
Evaluating Results of Audit Sampling 6:26:15

SA 520 5:55:40
AP used as Substantive Tests 5:59:16
Suitability of Particular AP for Given Assertions 6:01:11
Reliability of Data 6:02:51
Investigating results of AP 6:04:14

SA 510 5:46:00
Initial audit engagement 5:47:43
Predecessor Auditor 5:47:56
Objective 5:46:59
*Obtaining SAAE about opening balances by Auditor 5:48:40
Prior Period FS audited by Predecessor Auditor 5:52:38
Modification in Predecessor Auditor’s Report 5:53:00
Communication with Mgt & TCWG 5:54:11
Consistency of A/c Policies relating to opening balances 5:54:26
Reporting by auditor with regard to opening balances 5:54:54

SA 505 5:32:55
Positive confirmation request 5:34:50
Negative confirmation request 5:36:00
Non-response 5:40:42
Exception 5:41:10
Mgt’s refusal to allow auditor to send confirmation request 5:41:35
Results of External Confirmation procedures 5:43:57

SA 501 5:13:45
obtain SAAE regarding existence & condition of inventory 5:14:34
Physical Inventory Counting Conducted other than at Date of FS 5:19:12
Attendance at Physical Inventory Counting becomes impractical 5:20:51
When inventory under custody and control of third party 5:22:24
Segment Information 5:31:39
Design & perform audit procedures in order to identify litigation & claims 5:24:20
Communication with Entity’s External Legal Counsel 5:25:07
Meeting with Entity’s External Legal Counsel 5:28:40

SA 500 5:02:00
Sufficiency (Quantity) & Appropriateness (Quality) of audit evidence 5:02:15
Appropriateness - Relevance and Reliability of audit evidence 5:03:41
Audit procedures to obtain audit evidence 5:06:38
Mgt Expert 5:11:01
Inconsistency in or Doubts over Reliability of Audit Evidence 5:13:17

[parthjain]

00:00 Intro
01:00 SQC 1 & SA 220
1:17:15 SA 200
1:29:50 SA 210
1:47:10 SA 230
1:52:45 SA 240
2:31:00 SA 250
2:46:35 NOCLAR
2:58:20 SA 260
3:14:30 SA 265
3:20:15 SA 299
3:33:40 SA 300
3:53:20 SA 315
4:11:30 SA 320
4:18:30 SA 330
4:22:45 SA 402
4:53:20 SA 450
5:02:00 SA 500
5:13:45 SA 501
5:32:55 SA 505
5:46:00 SA 510
5:55:40 SA 520
6:05:20 SA 530
6:26:45 SA 550
6:39:10 SA 540
7:11:05 SA 560
7:32:30 SA 570
7:51:00 SA 580
8:03:15 SA 600
8:18:40 SA 610
8:40:25 SA 620
9:06:45 SA 700
9:23:40 SA 701
9:33:30 SA 705
9:57:40 SA 706
10:06:20 SA 710
10:19:00 SA 720
10:30:40 SA 800
10:47:35 SA 805
11:16:00 SA 810

[murlipunase]

SA 800 10:30:40
Eg of Special purpose framework 10:33:54
*When Accepting Engagement - Acceptability of FRF 10:35:31
*When Planning & Performing Audit 10:38:51
Description of AFRF 10:43:17
Alerting Readers that FS Are Prepared as per Special Purpose Framework 10:44:23
Restriction on Distribution or Use 10:45:14

SA 805 10:47:35
When Accepting Such Engagement 10:51:34
1. Application of SAs 10:51:34
2. Acceptability of FRF 10:56:04
When planning & performing Audit 10:58:06
Form of Opinion 11:01:30
Factors affecting whether to use phrases “presents fairly, in all material respects”, or “gives true & fair view” 11:02:40
Forming Opinion & Reporting Considerations 11:05:33

SA 810 11:16:00
Engagement Acceptance 11:18:53
*Before accepting engagement, auditor shall 11:19:35
1. Determine whether applied criteria (FRF) is acceptable 11:19:35
2. Obtain agreement of Mgt that it understands its responsibility 11:25:16
3. Agree with Mgt on form of opinion to be expressed on SUMFS 11:28:48
*Nature of Procedures to be Performed by Auditor 11:29:09
Form of Opinion 11:32:53
Elements of Report on SUMFS 11:38:10
Modifications to Opinion, EOM or OM Para in Report on Audited FS 11:42:46
Modified Opinion on SUMFS 11:45:44
Restriction on Distribution or Use or Alerting Readers to Basis of A/cing 11:36:29
Comparatives (SA 710) 11:36:49
Unaudited Supplementary Info Presented With SUMFS 11:46:24
Other Info in Docs Containing SUMFS 11:47:22
Timing of Work & Events Subsequent to Report on Audited FS 11:48:20
Auditor Association 11:49:05


SA 700 9:06:45
Basic Elements of Auditor Report 9:07:29
*Report Prescribed by L&R 9:16:53
*Report for Audits Conducted as per Both SAs & International SAs 9:18:30
*Supplementary Info presented with FS 9:20:28

SA 701 9:23:40
Objective 9:24:27
Applicability of SA 701 9:24:55
*Scope 9:25:53
*Placement of KAM section in Report 9:27:43
*Communicating KAM 9:28:37
If there is no KAM, report must have Paragraph mentioning that there are no KAM 9:28:58
*Determining KAM 9:29:23

SA 705 9:33:30
Objective of Auditor 9:33:30
Decision regarding which type of modified opinion is appropriate depends 9:34:55
Definition of Pervasive 9:35:29
*Types of Modifications/Modified Opinion 9:46:00
Inability to Obtain SAAE Due to Mgt Imposed Limitation after Auditor Has Accepted Engagement 9:38:20
Where Auditors withdrawal is not permitted 9:41:34
Other Considerations for Adverse or Disclaimer of Opinion 9:48:14
*Form & Content of Report When Opinion is Modified 9:48:51
*Basis for Opinion 9:52:37
Description of Auditor Responsibilities When Auditor Disclaims Opinion 9:56:20
Communication with TCWG 9:57:02

SA 706 9:57:40
Objective of auditor 9:57:57
EOM Paragraph 9:58:45
*These circumstances include 9:59:20
When auditor includes EOM Para, he shall 9:59:59
*Examples of circumstances where EOM Para may be necessary 10:00:45
EOM Para is not a substitute for 10:01:54
OM Para 10:02:38
Auditor shall include OM Para in report, if necessary, provided 10:05:43
Communication with TCWG 10:05:55
Report vs Certificate 10:06:04

SA 710 10:06:47
Audit Procedures regarding comparative info 10:09:14
Audit Reporting 10:11:30
For Corresponding Figures 10:11:30
For Comparative FS 10:13:11
Reporting Treatment common to both 10:15:06
If prior period FS were not audited 10:18:37

SA 720 10:19:00
Obtaining Other info - Auditor shall 10:20:56
Reading & Considering Other info 10:22:08
*Responding When Material Inconsistency Appears to Exist or Other info Appears to Be Materially Misstated 10:22:48
*Responding When Auditor Concludes That MM of Other info Exists 10:23:40
Reporting 10:28:05
Reporting Prescribed by L&R 10:29:54

[itzmahak]

You don't work for you instead,
You work for us....
N that makes you a true inspiration for each one of us....💖💫✨

[murlipunase]

SQC 1 & SA 220 01:00
Objective 01:00
1 Leadership responsibilities for quality within firm 6:14
Leadership responsibilities for quality on audits 10:12
2 Ethical requirements 13:48
3 Acceptance & Continuance of Client Relationships 20:25
Matters to be considered wro integrity of client 24:05
Matters to be considered wro capabilities, competence, time & resources 28:39
Matters to consider when info causing to decline engagement 30:59
4 Human resources 34:46
5 Engagement Performance 37:23
Consultations with EQCR 41:30
*Matters to be considered by EQCR for audits of listed entities 46:10
EP responsibility wrt EQCR 50:35
EQCR’s objective evaluation of significant judgments involves 51:43
Additional Matters to be considered by EQCR for audits of listed entities 54:46
EQCR Documentation 55:41
EP Documentation 56:48
Difference of Opinion 59:34
Engagement documentation 1:00:44
Ownership of Documentation 1:03:42
6 Factors to be considered for monitoring QCS 1:07:32

SA 240 1:52:45
Fraudulent Financial Reporting (FFR) – Mgt Level 1:54:43
Misappropriation of Assets – Employee Level 1:55:20
Responsibilities of Auditor 1:58:00
Risk assessment procedures (RAP) 1:59:27
FFR can be committed by Mgt overriding controls using such techniques as 2:01:26
Written Representations 2:03:57
Responses to assessed ROMM due to fraud at FS Level 2:05:27
Responses to risks of Mgt override of controls 2:06:51
Communications to Mgt & TCWG & Regulatory Authorities 2:08:48
Circumstances in which auditor is unable to continue engagement 2:11:43
Fraud Risk Factors 2:13:31
FRF relating to misstatements from FFR 2:14:30
Incentives/Pressures – Economic, Industry or Operating conditions 2:16:11
Opportunities 2:17:56
Attitudes/Rationalizations 2:19:31
Fraud Risk Factors relating to Misappropriation of Assets 2:23:50
Incentives/Pressures 2:24:00
Opportunities 2:25:05
Attitudes/Rationalizations 2:26:13

SA 250 2:31:00
Responsibility of Mgt 2:31:20
Responsibility of Auditor 2:33:24
Audit Procedures when Non-Compliance is Identified or Suspected 2:35:10
Auditor’s responsibilities for compliance is distinguished with 2 diff categories of L&R 2:37:33
Reporting of Identified or Suspected Non-Compliance 2:41:06
1 TCWG 2:41:06
2 In Auditor’s Report 2:42:52

NOCLAR 2:46:35
As per IESBA, Eg covered in NOCLAR are 2:50:08
Important Facts about NOCLAR 2:50:49
Applicability of NOCLAR in India 2:52:35
Providing Service to Client 2:54:12
Steps to respond to NOCLAR 2:54:37
Documentation Requirements in NOCLAR 2:55:13
SA 250 vs NOCLAR 2:55:43

SA 260 2:58:20
Effective two-way Communication 2:59:08
Matter to be communicated by auditor to TCWG 3:00:18
Significant difficulties encountered during audit 3:04:44
Significant matters discussed with Mgt include 3:06:44
When auditor is required to include additional info in report 3:08:59
Communication of auditor’s independence to TCWG 3:10:25

SA 265 3:14:30
Deficiency in IC 3:15:15
Significant deficiency in IC 3:15:45
Communication of significant deficiencies in IC to Mgt 3:17:33
Auditor shall include in written communication of significant deficiencies in IC 3:18:55

SA 299 3:20:15
In developing joint audit plan 3:20:58
all joint auditors shall be jointly and severally responsible for 3:25:03
Reporting by Joint Auditors 3:30:25
Each Joint Auditor is entitled to assume that 3:32:04

SA 402 4:22:45
Service Org’s services are part of user entity’s FR IS, if they affect 4:26:48
2 types of Report as below 4:29:57
Obtaining understanding of services provided by Service Org (RAP) 4:33:24
Auditor’s Considerations 4:36:22
Using Type 1 or Type 2 Report 4:37:44
Responding to Assessed ROMM (FAP) 4:46:10
Tests of Controls 4:43:36
Using Type 2 report as audit evidence 4:44:41
Reporting by user auditor 4:47:24
Info regarding Sub-Service Organisation 4:51:15

SA 450 4:53:20
Accumulation of misstatements 4:54:32
whether audit strategy and audit plan need to be revised if 4:55:43
Communication & correction of misstatements 4:57:19
Evaluating effect of uncorrected misstatements 4:58:51
Communication with TCWG 5:00:42
Written Representation 5:01:22

SA 300 3:33:40
Benefits/Advantages of Planning in Audit 3:35:20
Planning – A Continuous Process 3:37:13
Preliminary engagement activities 3:39:46
Overall Audit Strategy & Plan - Responsibility of Auditor 3:41:24
Contents of Audit Plan 3:42:03
Nature of Planning vary according to 3:42:31
Overall Audit Strategy 3:43:14
Factors while establishing Audit Strategy 3:43:39
Benefits of Overall Audit Strategy 3:45:26
Documenting Audit Plan 3:46:26
Changes to Planning Decisions 3:47:49
Relationship between Audit Strategy & Plan 3:49:11
Audit Programme 3:50:02
Formulating Audit Programme 3:50:20
Audit programme is to be altered during audit 3:50:55
Revision in Audit Programme 3:52:14
Audit Execution 3:53:02

[NishaKumari-ehni]

Watching this for an interview, really great.I have watched almost every faculty's video for this subject, but your way is best.Gonna recommend to my juniors.All the best for this new journey.

[theakhilgarg]

00:01:00 SQC 1 & SA 220
2:31:00​ SA 250
2:46:35​ NOCLAR
3:20:15​ SA 299
6:39:10​ SA 540
7:11:05​ SA 560
7:32:30​ SA 570
7:51:00​ SA 580
9:06:45​ SA 700

Thankyou

[nealcaffery]

U know why ur unique from others???? Cause u listen to everyone's problem and provide personal consultation ❤❤❤thanks for helping me back in 2022 when i was struggling in my inters

[anjaliparchani]

Salute to your hardwork! I hope this reaches to all the CA Final aspirants so that they don't miss out the opportunity of being taught by one of the finest Audit Faculty till date. Thankyou so much!

[shivanisingla]

bss yhi quality marathon hi toh chahiye tha....thank you so much sir😍😍😍😍😍😍

[Phirseuddchala-sk]

Possibly the best marathon ever for SAs on Youtube till date!
And those crisp notes and handwritten notes are like cherry on the top!
Thanks for your efforts man! 🙌🙌

[priyagoyal]

Sir aapko dekh k aur apke bolne ke way se hi bht positive vibes ayi audit k liye, nhi toh ab tak just darr lagta tha koi b class lgate audit ki . Thank you for your genuine efforts❤

[Harshitha-xyeb]

Best lecture of SA's in YT, thanks ankush bhai!

[nirajdineshagrawal]

Audit padhne me agar maza hai toh voh sirf yaha hai, Baaki sab jagah toh saza hai jaha jaha hai 😂 Like if you agree 💯

[akashprathipati]

The best marathon for AUDITING STANDARDS 🖤 thank you

[leenamehta]

Today was my audit paper and God took out this video to help me pass thankyou so so much for your efforts.. btw I also want to pursue teaching and would love to meet you one day and learn many things from you.. once again thankyou so much 😊

[harshittulsyan]

Shandar, Jandar, Jabardast Revision.
Salute to your efforts and your book.

[nishithjain]

“Thanks for making audit learning so enjoyable!”
“Never studied SA's with this much clarity till date !!”