00:10 Discussion of SA 560 and SA 701 04:15 Subsequent events refer to events occurring after the balance sheet date but before the auditor's report date. 09:31 Understanding subsequent events in audit procedures 12:02 Understanding the requirements for auditing private companies after 31st March. 16:46 Auditor's procedures for subsequent events 19:18 Procedures for reporting and disclosure in audits 24:11 Understanding the impact of changes on audit reports 26:16 The auditor becomes aware after issuing the report 30:53 After finalizing financial statements, discuss potential amendments with management. 32:39 Auditor's responsibilities post financial statement issuance 37:12 Understanding the significance of financial statement issue date 39:07 Audited Financial Statements and Reports 43:30 Understanding SA 560 and SA 701 is crucial for audit procedures. 45:36 Importance of providing a new audit report for amended financial statements. 49:40 Importance of amending financial statements 51:51 Importance of making modified opinions and notifying management 56:48 Importance of informing users about old audit reports 58:40 In India, amendments to financial statements are not allowed voluntarily after issuance. 1:02:29 Importance of new report and management action 1:04:35 Disclosure requirements and the auditor's response 1:10:12 Changes in audit report format discussed 1:12:25 Audit of financial statement and communication of audit matters 1:16:37 Improving communicative value and transparency in audit reports 1:19:19 SA 540 - Auditing of Accounting Estimates and Related Disclosures. 1:24:16 Importance of judgment in audit process 1:26:16 CAM is not a substitute for various auditing standards Crafted by Merlin AI.00:10 Discussion of SA 560 and SA 701 04:15 Subsequent events refer to events occurring after the balance sheet date but before the auditor's report date. 09:31 Understanding subsequent events in audit procedures 12:02 Understanding the requirements for auditing private companies after 31st March. 16:46 Auditor's procedures for subsequent events 19:18 Procedures for reporting and disclosure in audits 24:11 Understanding the impact of changes on audit reports 26:16 The auditor becomes aware after issuing the report 30:53 After finalizing financial statements, discuss potential amendments with management. 32:39 Auditor's responsibilities post financial statement issuance 37:12 Understanding the significance of financial statement issue date 39:07 Audited Financial Statements and Reports 43:30 Understanding SA 560 and SA 701 is crucial for audit procedures. 45:36 Importance of providing a new audit report for amended financial statements. 49:40 Importance of amending financial statements 51:51 Importance of making modified opinions and notifying management 56:48 Importance of informing users about old audit reports 58:40 In India, amendments to financial statements are not allowed voluntarily after issuance. 1:02:29 Importance of new report and management action 1:04:35 Disclosure requirements and the auditor's response 1:10:12 Changes in audit report format discussed 1:12:25 Audit of financial statement and communication of audit matters 1:16:37 Improving communicative value and transparency in audit reports 1:19:19 SA 540 - Auditing of Accounting Estimates and Related Disclosures. 1:24:16 Importance of judgment in audit process 1:26:16 CAM is not a substitute for various auditing standards

@ramjadhav1196

3 ай бұрын

Efforts appreciated

2:02 - SA 560 - Subsequent events 1:09:24 - SA 701 - Communicating Key Audit Matter (KAM) in the Independent Auditor's Report

The correct way to teach audit can be learnt from this person...not only he clears the concept but also gives you confidence to remember the topic nicely..thank you so much Sir...I will remain forever indebted to you

@easilytrack

Ай бұрын

Yes 💯🙌

100% conceptual clarity .. thanks for amazing lecture sir

S.Q's For Inter SA 560 1) Audit procedures relating to events occurring between the date of the financial statements and the date of the auditor's report. 2) Examples of Events SA 701 1) Purpose of communicating KAM 2) Determining KAM

@smeyy5038

5 ай бұрын

dev manus

@CA_Aspirant11

4 ай бұрын

SA 710 konse lect me covered hai??

@ashmiagarwal

2 ай бұрын

Hey @pratik_todkar do you have a list of all SQ

THANK YOU SOO MUCH SIR FOR PROVIDING QUALITY SESSIONS WITH CLARITY✨✨

i just landed here because harshid sir ke regular lecture m khuch smj ni aya sa 701 kya h, but my problem is solved, thankyou rishabh sir

I have watched almost all of your videos...I got so much clarity. thank you sir!!!!

if fast track has so much clarity so i wonder how are the regular lectures 🥰

@dwitipatel8825

4 ай бұрын

I agree

@CA_WITH_UTKARSH

4 ай бұрын

Full agreed 💯

@Sowmya-we2nz

3 ай бұрын

Yes do agree

@anuj4148

2 ай бұрын

They are amazing! Audit becomes a practical subject

@yashb933

2 ай бұрын

Does he teach in final also? If yes,what's the fees,and procedure to take classes?

cleared concepts in addition to those understood in my classes

Ek number❤

Thank you so much sir ❤

Thank You Sir!!

so we can say that subsequent event of this year may become a key audit matter in the next financial year?not in all cases but in some cases

thankyousomuch sir

Best teacher of audit 😊,, thank you sir 😊

Sir kb tk khatam hojayega audit

1:24:33 Drafting KAM Paragraph 1:27:16 Applicability of KAM

SA 701 : 1:09:16

Legend 🫡🫡🫡

Done 👍🏼👍🏼

🔥🔥best

Thnku sir for clarity

@alijawad599

3 ай бұрын

How's audit of rishab sir?

710 konse lecture me covered hai ?

Sir SA 710 isnt covered

36:12 summary till now SA 560

Speechless..teaching just wow ..❤❤ #RJSIR.❤❤💯💯 #alltimefav....❤❤ #favsir❤💯

SA 710 kha h?

THANKYOU SOO MUCH SIR REALLY ENJOYED SUCH A CONCEPTUAL, AMAZING AND WONDERFUL SESSION

Sir audit of bank kab hoga

SA 701: 1:09:30

Samjl rishabh sir

710,600& 229 ?

SA 701 START - 1:09:29

Sir chapters nhi krne vale ho ky aap ? Sirf SA hi rhega ky ?

@adityakale2504

5 ай бұрын

Bro woh bhi hoga after the completion of SA's

(1:03:45) exam

Start - 3:41

Where can i get notes for free

@the_artistic_soul01

4 ай бұрын

His Telegram channel

@aishwaryacl9196

4 ай бұрын

@@the_artistic_soul01 only handwritten notes is available ☹️i need these material

@danishchaudhry6204

4 ай бұрын

I have

@aishwaryacl9196

4 ай бұрын

@@danishchaudhry6204 soft copy ?

@danishchaudhry6204

4 ай бұрын

@@aishwaryacl9196 yes

Sir ne Audit of bank karwaya hai ya nhi. Karwaya hai toh konse lecture mai karwaya hai Koi btado isse related kuch pata hai toh Plz🙏🏻🙏🏻

@ashishkumar-rv7of

3 ай бұрын

Prev year fastrack me may be mil jaye .. Audit of bank me chng nhi h toh refer kr skte wo

Fast track batch ❌ Regular batch ✅

@user-gr2ld4ye6b

12 сағат бұрын

Yes itne concept clarity to offline waale regular me naa dete😂😂😂

SA 710, 299???

@LetsStartHere9

3 ай бұрын

Mila kya?

@pawanmane252

2 ай бұрын

mila to batao

@RimjhimSahu_25

5 күн бұрын

710 Mila ?

@Rosee45

22 сағат бұрын

Mila??

00:10 Discussion of SA 560 and SA 701 04:15 Subsequent events refer to events occurring after the balance sheet date but before the auditor's report date. 09:31 Understanding subsequent events in audit procedures 12:02 Understanding the requirements for auditing private companies after 31st March. 16:46 Auditor's procedures for subsequent events 19:18 Procedures for reporting and disclosure in audits 24:11 Understanding the impact of changes on audit reports 26:16 The auditor becomes aware after issuing the report 30:53 After finalizing financial statements, discuss potential amendments with management. 32:39 Auditor's responsibilities post financial statement issuance 37:12 Understanding the significance of financial statement issue date 39:07 Audited Financial Statements and Reports 43:30 Understanding SA 560 and SA 701 is crucial for audit procedures. 45:36 Importance of providing a new audit report for amended financial statements. 49:40 Importance of amending financial statements 51:51 Importance of making modified opinions and notifying management 56:48 Importance of informing users about old audit reports 58:40 In India, amendments to financial statements are not allowed voluntarily after issuance. 1:02:29 Importance of new report and management action 1:04:35 Disclosure requirements and the auditor's response 1:10:12 Changes in audit report format discussed 1:12:25 Audit of financial statement and communication of audit matters 1:16:37 Improving communicative value and transparency in audit reports 1:19:19 SA 540 - Auditing of Accounting Estimates and Related Disclosures. 1:24:16 Importance of judgment in audit process 1:26:16 CAM is not a substitute for various auditing standards