CA Inter Audit Lecture-1 | Basics of Auditing | ICAI Jan 25 & Onwards Exams | Neeraj Arora

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Must watch live session for students appearing for Group-2 Exams in September 2024 & January 2025.

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00:02 Introduction to the Audit Lecture
02:44 Approach to studying auditing
06:43 Practice writing daily for better understanding
08:40 Auditing and Ethics paper pattern
12:43 Introducing the concept of audit
15:00 Importance of Auditing in Checking Financial Statements
19:06 Auditor's role in financial statements
21:01 Understanding the basics of auditing
24:57 Definition of Auditing and Independence
26:53 Importance of independence in auditing
31:01 Understanding good financial information
32:47 Understanding the conditions and circumstances for financial information
36:38 Audit is the independent examination of financial information
38:42 Audit is mandatory for all companies regardless of size or legal form.
42:44 Auditing is an independent examination of financial information
44:28 ICAI has introduced standards for auditing profession.
48:21 Understanding the auditor's overall objectives
50:07 Audit is an independent examination of financial information
54:24 Understanding Reasonable Assurance in Auditing
56:29 Importance of safeguarding assets in auditing
1:00:32 Importance of Materiality in Auditing.
1:02:40 Valuation is arrived at using cost or NRV, whichever is lower
1:06:47 Understanding the difference in misstatement between reported and required
1:08:55 Importance of recognizing misstatements in financial statements
1:12:57 Objective of the auditor is to obtain reasonable assurance on financial statements.
1:15:00 Understanding the basics of audit in CA Inter Exam
1:18:50 Every country has its own accounting guidelines
1:20:53 Understanding the applicable financial reporting framework.
1:24:36 Importance of auditing in providing assurance to investors
1:26:18 Understanding Auditors' Opinion on Financial Statements
1:29:54 Auditor's responsibilities for financial statements
1:31:45 Encouraging remote learning and interactive sessions
1:36:16 Technical issues in starting the game
1:38:57 Quiz will not be uploaded today
1:42:18 Neeraj Arora's live and recorded lectures are available till 15th July
1:43:58 Setting up community access and live class logistics
1:47:40 Upcoming sessions and courses for CA Inter September and January exams
1:49:30 Join a free community on CA circle for CA students

AM-zulo
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Nitin guru sir ke bhi demo lecture upload karaiye,
Bhot purane lecture h recent ke ni mill rhe ek bhi 😢

creatyVT
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1:25:20 Aree aree sir Jazbaat beh gye saare😂😂

PrathamSaini-vo
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sir by mistake i purchased android clases instead of google drive...aapki team help nhi kar rahi...please help me sirrr

amandesai
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Sir ap SAs kaise padhte ho uske bhi ek demo lecture provide krao

ShivamSharma-rv
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Sir ajj bhi ek lecture aur YouTube pr le lena plz sir

mohitsharda
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Sir

Kya result ki koi gracing hai,
5 ya 7 ya 9

radhakishan
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Sir live classes laptop pe attend kaise kar sakte hai ?
It is showing that live classes will work on Android app only

angadcharraya
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What is difference between pen drive classes and android classes?

littlestepSKA
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sir i have a doubt that here you told that when there is nay diff in fs btw reported and required fs then that shall be called a mistatement but it should be material for that firm . i this example i firm records machinery by 10 l expenses by 1l and bank by 11 l it shall be a mis statement but if it shall not be material for that firm then auditor will give the opinion that there is no material misstatement . but it will undermine SA 200 becs firms has not applied AS 10 PPE Principles . sir can you kindly answer my doubt pls

amarkansal
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Hello sir I wanted to purchase the class from you...but I didn't knew your class has already started....can I join it now...

vaibhavmirajkar
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Sirji may24 m audit fastrack liya tha..now going for extension..Eligible for prizes ??.. for Sep24 attempt

vanshkumargupta
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sir may 25 ke liye batch kb launch hoga plz btado sir

ShubhamSharma-eczu
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Sir total number of lectures in audit?

aadityapratapsingh
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I want to purchase your classes please guide me

GyaniBaba
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Sir jan 25 ke liye live video hi aayegi

sabakhan-bjuo
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Sir ke study mat me kitni books h plzz koi bta skta h...??

Sumit
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Amount classification presentation disclosure

PrathamSaini-vo
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Sir costing ki bhi demo lecture available hoge yt pr jan 25 ke leye

ShivamSharma-rv
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Sir may 25 students k liye kabse live start hogi??

iqrasiraj