Відео

Thanks

Thanks

Since when did two companies perform the same? This is flawed for sure- we’re talking thousands of factors determining performance and you can literally slice and dice it however you want to.

I'm from st lucia 🇱🇨

you're sharing the love for audit 💖

Thanks for video, really appreciate for your passion about audit, bez I am also really enthusiastic about auditing, hope better to stay here for something

Thank you for this video! You are wonderful, Amanda!

Really Brilliant. Thanks from Gaza (Palestine) ♥🧡

Best tutorial so far

Dear Amanda! I just wanted to say a big thank you for all your yt channel videos. They saved me while studying for my audit exam!! Your videos are such a game changer, honestly! I have passed my AA exam at unbelievable 94% which I am so thrilled about! I am recommending your videos to everyone now :) thanks for all the amazing work! :) cheers from Ireland 🇮🇪! 🎉🎉 🎉

You explained it so well, thank you!

In the quality arena we use risk assessment models to determine Process Risk and the need for control based upon Severity, Detection and Occurrence. The same approach could be deployed relative to financial controls, especially SOX. Using the tool could provide a "Risk Priority Number" or RPN as we refer to it. which would make it easy to identify those key areas which are most likely to present financial issues relative to material misstatement. In a 500 million dollar inventory for instance, Inventorying paper gaskets worth $70.00 us might not be relevant at all to the financial statement. However I have witnessed, auditors desire the counting of even trite volumes of inventory regardless of the severity of the risk occurring, simply because they don't understand RPN calculation.

I was reviewing IFRS16 work for the first time . Your video helped me a lot to get around to it . Thanks for sharing ❤

Sierra Leone

Total bunk, it's your judgement about if the expert is an actual expert when you know nothing about how to judge it. Just because your a f’n “auditor”. Crazy worthless work as it is done in the world today!

Auditors are a bunch of I make up the rules and definitions and double talk people and organizations into thinking you know what they are doing so you can bill them out of a bunch of money while telling them nothing they probably didn't already know. You all are the definition of swamp and waste. At least in today's world. The idea is good, your purpose now is to profit off hour made up crap!

Thank you for this! 11 years late, it is still very helpful for a student like me.

you are very special ...

❤❤❤❤❤❤❤❤❤

You are the best. I have downloaded more than forty videos from this channel to help me in ICAEW exams in September, 2024.

For anyone enduring loss I recommend the book “The Sun Always Pierces Through”

THANKS, I'll be using your method in exams 🙏😸

Amanda, what you are defining is what we in Quality Management refer to as the Plan Do Check Act (PDCA) Process, where the internal control could be part of the Do function and the monitor part of the check function. What is missing from you definition of process internal control is the Act function relative to Checking or Monitoring the process and its relative controls This missing bit is extremely important as it completes the cycle of PDCA, and results in Continual Improvement of the process. I see this quite a lot where controls are implemented and monitored, however. failure or concern of failure discovered from monitoring and measurement, is not necessarily identified as a required action as it would be in the PDCA cycle. ..... This does not mean there needs to be action taken for every single hiccup in the process, however monitoring results should always rise to the level of reporting, where management can determine if there is reasonable need to act. Thanks TJ

Thank you! Amanda

please do a video on audit strategy versus audit plan. love your work.

Hi, am from Kenya

❤

What is the difference between a letter of general inquiry and a letter of specific inquiry? Is it correct if I say that in a letter of general inquiry, the legal counsel themselves assess the outcome and financial estimate of the litigation while in specific inquiry, the legal counsel only provides the reasonableness of management's assessment? Thank you.

DataR analytics

And what about acca

very help full thanks 😇

South Africa

"I was wrong! " Made me laugh

I never thought 30 yrs ago when I got into the accounting field, it would become so complicated and important. I wish folks would expand their reasonings for getting into accounting or any profession.

I currently work for a company whose CFO engages in fraud. He intentionally misclassifies ttansactions. One example, he changed a note receivable to advertising expense. We have a VENDOR named "cash" and debits are COGS, but the checks were cashed by the owner and his wife--over a million dollars for 2023.

Hi Ma, Alcan you explain non substantive analytical procedures?

Hi Ma, please can you explain non substantive procedure

Am from Malawi🇲🇼

From Papua New Guinea. Thank you for the video it's helpful.

From Papua New Guinea. Thank you for the video it's helpful.

I am from ghana

I am interested in auditing

omg you put in in the simplest yet most on-point manner! THANK YOU

Hey Amanda please do the ‘auditing today ‘ videos again

Thank you so much, your videos are very helpful!

I graduated in accounting and currently studying Auditing in China. You are helping me a lot. Thank you… love from Sierra Leone 🇸🇱

Wow! Congratulations

You are an amazing teacher

I Am From Ethiopia . 💚💛❤

Thank you so much for these videos Amanda, you are doing the Lords work, thank you.