CA Inter Audit Chapter-10 Revision Marathon | ICAI Exam Oriented Sept 24 & Jan 25 | Neeraj Arora

#icaiexams #neerajarora #edu91

🔴 Audit Classes by Neeraj Arora Sir-
👉🏻 September 2024: https://www.edu91.org/s/store/courses...
👉🏻 January 2025: https://www.edu91.org/s/store/courses...

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-10 of CA Inter Audit which is Bank Audit.

0:00 Introduction
0:50 Types of Bank
4:34 Regulating Body- RBI
6:37 Regulatory Framework
8:26 Banking operations -conducted only at branches
15:28 Power of Auditor
15:33 Auditor's Report
17:10 LFAR
18:13 Reporting to RBI
18:22 SA-240
20:55 Bank audit Approach
22:17 Control Environment at Bank
23:29 Engagement team discussion
24:03 Matters on which discussion will take place
26:13 conduct an audit
29:55 understanding the risk management process
31:43 Audit planning memorandum
32:47 Assess the risk of Fraud including Money Laundering
33:45 Risk associated with outsourcing activities
34:35 Response to the Assessed Risks
35:40 Stress testing
37:36 Substantive procedures
38:19 BASEL lll framework
39:48 Reliance on/review of other reports
41:17 Understanding Bank's accounting process
42:10 Advances
42:48 types of advances
43:55 classification of Advances(sector wise)
44:29 Security wise
50:58 Questions
53:34 Prudential norms
59:40 Advances under consortium
1:00:57 Accounts where there is erosion in the value of security
1:01:38 Advances against Term Deposits, NSCs , KVPs/ IVPs ,etc.
1:01:54 Agricultural Advances Affected by Natural Calamities
1:02:31 Advances to Staff
1:03:24 Agricultural Advances
1:04:38 Audit of Advances
1:08:21 Evaluation of IC over Advances
1:12:51 Drawing power
1:17:48 Audit Procedure and Approach for Income
1:31:58 Reversal of Income
1:35:07 Income from Investment
1:36:01 Expenses
1:39:59 Audit of Provisioning and Contingencies
1:41:15 Disclosure of the prior period items

Rest of the timestamps will be uploaded in a while.