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📚 Join For Free Notes and Study Materials: https://linktr.ee/triplei_connect_ACCA 📢 Join Our WhatsApp Channel for Important Updates: 📞 Need Help? Register for a Callback: https://cutt.ly/yeMy2Q1T WhatsApp Chat with us: https://wa.me/919020123466 Call Us: +919020123466 🎓 Enroll in Upcoming Batch https://www.tripleica.com/batch-finder Visit Us https://www.tripleica.com 📌 Video Insights 📚 ACCA DEC 24 Marathon | REVISION MARATHON 💡 Topic : AUDIT AND ASSURANCE - DAY 1 🎙️ Faculty: SUHAIL ACCA Welcome to Triple i, India’s No. 1 Commerce Academy We are proud to be the best institute for CA, CMA, CS, and ACCA, known for: India’s No. 1 Academic Experts. A legacy of producing top results across the country. We are the pioneers in ACCA Coaching, delivering: Historical success ACCA Offline and online classes. Modern classrooms with world class infrastructure. Expert Academic Team Top-notch study materials Dedicated mentorship. Follow us for updates on Instagram: Triple i Official: https://cutt.ly/We1vwlNg Triple i CA: https://cutt.ly/meMFf76h Triple i CMA India: https://cutt.ly/IeMFgklk Triple i CS: https://shorturl.at/uXJtr Triple i CMA USA: https://cutt.ly/4eMFaEdG Follow Our YouTube Channels 📺 Triple i Commerce Academy: / @tripleicommercea 📺 Triple i CMA USA: / @tripleicmausa 📺 Triple i UG: / @tripleidegree 📺 Triple i CA Malayalam: / @triplei-ca 📺 Triple i ACCA Malayalam: / @tripleiacca 📺 Triple i CMA INDIA Malayalam: / @tripleicma 📺 Triple i CS Malayalam: / @tripleics Timestamp 00:00 - Starting 01:20 - Introduction 04:40 - Stages in External Audit 18:22 - Corporate Governance 20:58 - Exam Format 23:45 - Reasons for Failure 29:41 - Plan 34:25 - Audit Risk 54:56 - Points to Remember while answering Audit Risk 1:08:05 - Break 1:17:21 - Should Explain Audit Risk not Business Risk 1:20:21 - Illustraton 1: Secario 1: Audit Risk 1:34:24 - Illustraton 1: Scenario 2: Audit Risk 1:48:00 - Illustration 2 1:55:17 - Illustration 4 2:03:40 - Substantive procedures 2:07:47 - ISA 500 Audit Evidence 2:13:41 - Substantive Porcedures - Account Balances 2:21:45 - Substantive Procedures - Transaction & Events 2:25:48 - Assertions 2:31:43 - Audit Assertions v/s Audit Procedures 2:35:53 - A Good Substative procedure 2:41:56 - Challenges