CA Inter Audit Chapter-11 Revision Marathon | ICAI Exam Oriented September 2024 | Neeraj Arora

Neeraj Arora
Neeraj Arora
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🔴 Audit Classes by Neeraj Arora Sir- https://www.edu91.org/s/pages/interaudit

At Intermediate Level, Auditing & Ethics is Paper-5 which is of 100 Marks.

As per the New Course Syllabus of ICAI, CA Inter Audit has been renamed as CA Inter Auditing & Ethics. Now, the CA New Course Syllabus has been divided into 11 Chapters. In this video, we will be revising Chapter-11 of CA Inter Audit which is Ethics and Terms of Audit Engagements.

Timstamps-
00:00 Introduction
01:14 Meaning of Ethics
01:21 Need for Professional Ethics For CAs
02:36 Principles Based Approach Vs Rules Based Approach
05:02 Fundamental Principles of Professional Ethics
09:16 Independence of Auditor
11:26 Threats to Independence
17:20 Safeguards to Independence
18:53 Professional Skepticism
21:05 Quiz
32:51 SA 210 Revision starts
33:13 Objective of the auditor as per SA 210 and Preconditions for an audit
36:32 Agreement on Audit Engagement Terms
37:48 Content of Audit Engagement Letter
39:16 Limitation on Scope Prior to Audit Engagement Acceptance
39:54 Acceptance of a change in engagement
43:10 Terms of Engagement in Recurring Audits
46:57 Questions discussed related to SA 210
51:48 SQC 1 and SA 220 Revision starts
53:22 SQC1, Elements of SQC1, QCPP
55:27 Leadership responsibilities for quality within the firm
56:41 Ethical requirements
59:20 Acceptance and Continuance of Client Relationships and Specific Engagements
01:05:52 Human Resources
01:07:10 Engagement Performance
01:12:03 Monitoring
01:13:55 SA 220 Basics
01:17:11 Leadership Responsibilities for Quality on Audits
01:19:28 Relevant ethical requirements
01:20:07 Acceptance and Continuance of Client Relationships and Audit Engagements
01:22:01 Assignment of Engagement Teams
01:22:36 Monitoring
01:24:42 Engagement Performance

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