How Big 4 do the Statutory audit | Practical experience of Big 4 Audit experience | Audit planning 

Sonu, Monu, Chetan & Pappu is waiting for you. We have launched the full course on Statutory audit with detailed explanation of each and everything. Sonu, Monu, Chetan & Pappu is there in whole series. I would recommend to just check out once. We have covered everything in deep. Here is the link www.catusharmakkar.com/

1.Kick off meeting 2.extrapulate 3.risk assessment procedure (changes comp to p.y/analytical procedure 4.nature,time, extent(audit procedure) 5.assertion in area of audit(occurrence, accuracy,cut off, present & disclose, complete) 6.documentation 7.sampling basis/materiality /benchmark (revenue,PBIT,asset and liability) 8.fraud enquiry

I recently joined PWC...too excited since done my articleship from small firm...ur videos will be very helpful 🙏🙏👍👍🤗

I am pursuing articleship from a small sized firm and was always keen and intimidated by how the audit procedures are carried out in big 4s. Can't thank you enough for sharing your experience about the same. Thank you so much!!!

This is how things are meant to be explained during our initial stages of articleship. it gives us a birds eye view of how things are done in a systematic manner. Am sure this will become handy in future . Expecting more practical topics from you. Hats off brother 😍

Here's a tip folks; it all sounds wonderful when the speaker is storytelling like this but reality is often dissapointing. I have spent almost 4 years with constant traveling; leave at Monday 4AM and back home every Friday late night. Only thing you see the whole week is 1. Airport 2. Hotel 3. Client Place. You barely have any time to do anything other than Work. If you aren't upto doing this kind of hardwork don't bother even applying in a BIG 4.

Being a CA, I can say that it is really a great initiative. People in mid size firms really have curiosity to know that how big 4 works All the Best ✌

I think that's the reason articles working in big4(s) are more comfortable in the audit subject than mid size ir small firms... they get to see the things that are writting in books, happening in practical audit which leads to frequent and thorough revision of their audit subject!! This could also be the reason why big4 articles dominte CA Finals rank list

YOU EXPLAINED EVERYTHING VERY NICELY AND THE BEST THING WAS YOU MADE A STORY WHICH IS THE BEST WAY TO EXPLAIN ANYTHING.PLEASE SHARE MORE VIDEOS ABT PRACTICAL EXPERIENCE

Am just amazed at your explanations, at times even seniors won't explain this much.. thanks a lot sir :)

Amazing series ...keep uploading more ..u deserve a million community of ca subscribers a..good luck

Great video. I was studying auditing under CA Inter level and wanted some practical standpoint on the same. This video provided just the required. Whole story was brilliantly explained and brought together. 👍

Yaar bohat zabardast channel hai. Was looking for a way to explain this to my juniors now I'll just share a link with them and my problem is solved. Thank you for saving me the effort with such detailed yet simple explanation brother!

I have Audit and Assurance exam of ACCA, soon. This video helps me a lot to understand what am I learning about.

You have really provided good understanding of audit. Very helpful for us.

Best part of your videos, there's no faltu ka gyaan like many other youtubers

excellent ji... hats off .... I never passed for a second... like your way.... introduction of characters->technical audit words->explanation of technical words through story->complete process

What a nice delivery sir... It's been amazing to hear all the procedure with all the characters in it... Great work

Nice work! Looking forward for more practical videos like these from you.

When ur saying like a story i am feeling and thinking what and how to do next . Great video bro,its very educative

Really loved how you have explained everything with such a good story line. Thanks 🤗🤗

Thank u sir for giving informative practical walk-through. Finally feels like wht Audit subject is trying to teach and its vague-confusing terminology.....Wish had senior like u in articleship...grt way of explaining...keep it up n educate us..👏👏👍

Awesome , great explanation , by this anyone can understand the process , Thanks for the series👏👏 !!

Well done bro, CA field needs guys like you

thank you sir it was very interesting and knowledgeable session as i am pursuing articleship from small firm was curious to know this . thank you so much

sir u r giving knowledge that ia very rare on Utube ie actual practical knowledge u r great❤️❤️❤️

Boss, I am also in Big4, mza aa gya, please make more informational videos on Audit

I was learning audit for first time and got scared. Came here and i am getting clarity of background of this subject. Thanks.

Wow series, it will definately help lots of students... Thanks..

It was a very informative video. Thanks and can you please make videos on substantive procedures that we should perform on b/s and pl items such as receivables, purchase, opex, payroll. Do we need to calculate Materiality on the 1st version of FS?

Huge appreciation sir clear cut explanation step by step super 👌

Awesome... Waiting for more such videos... Thank you sir

Worth watching n subscribing, it's interesting n helpful to understand the subject, to remember for exam n to carry out practicality☺️ great work!

Now even a science student can understand audit GREAT EXPLANATION

awesome. love that you actually used examples. please use more example in the future

Interesting and knowledgeble information sir. ❤❤ Keep sharing🙏🙏

Thanks you sir its was extremely wonderful session I learn a lot Could you please explain how fraud enquiry done little bit in details? Thank you kindly make such informative videos its really helping us to understand how big4 exactly executing their audit process specially mid size firm candidate Thanks once again.

Whhow good explanation. Keep making such videos more .It's really helpful 👌 👏 👍

Really informative to get out of that tension and unnecessary anxiety ❤❤❤

Great explanation sir plz provide us more videos

Thank you❤ for english subtitles... Please 🙏 continue it

Thank you for making such video it's very helpful.

Thank you so much for sharing your experience

Thank you sir, this videos was very helpful to me as I am currently learning.

Thank u so much, Very well explained. Please Issue next video as soon as possible.

Eagerly waiting for next video 💯 💯

Reallly best, please make Some more videos like this

Thanks a lot Sir... Keep uploading such informative video

I just want to ask sir that I am also doing my Articleship from small size firm with no experience in stat and internal audit. can I also get into big 4 based on other works done during 3 years tenure

If Aman Dhattarwal was a commerce student.

Very very informative and interesting!

Sir, very informative video.Thankyou so much for the content. It would be so nice of you if you can take out time to explain me Fraud Enquiry Process in a bit detail.

Nice of all ur viedos can u explain practically of some initial parts broo

For the first tym I have enjoyed how the initial audit process works..Thanks bhaiya for providing valuable practical insights.. Otherwise I was a audit hater

You should teach ous audit , it will give so much of conceptual clarity.

Very well explained!! Thank you Sir 😊

Great bro ! But if you can show dummy document for audit procedure then it will be too much beneficial Thanks

Good initiative. Relatable

Thank you for information.

Wa great thank you sir 💞 very informative

Excellent

Too good man!!!!

Very nice explanation ❤❤❤

thank-you bhaiya .it was very nice session

Great Work bro

Thank U Hope it will help me in future

Story of audit experience❌ story' of suspense audit experience ✅

Awesome keep doing

very nicely explained...

Hey..great video bhai😊

Hi Can you please tell me where is the applicability of statutory audit (i.e who all are compulsorily required to get their books of accounts audited) mentioned? like in which section/rule?

Really enjoyed a lot

Thank you sir very informative ❤❤❤

Great work

Which character you liked the most 1. Sonu 2. Monu 3. Pappu 4. Chetan

Awesome

Great initiative brother

Nice storyline

Great understanding 🔥 🔥

Beautifully explained

It is not necessary in big 4 only I m working in medicore firm even not rated but follow many procedures according to isa's, ifrs and applicable laws

Helpful content ...

Please make videos on practical problems/case studies

Nicely explained sir

feel like a main character of a movie or series😁😁

Sir, please discuss sampling methodology which you were talking about

Please make new video of this series asap.. waiting.

I gave a thing to ask If new qualified ca joined big 4 ask questions like what's materiality then I think they gonna make fun of him?

How Materiality Benchmark is Decided if a public Company is in loss this year??

Big fan sir.

Sir 1July ko me audit Executive ka liye select hua hun but Mera training mam kuch bta nhi Rahi hai ..kya karna ..

🔥

I'm a CA inter student. Now it's would be last attempt for inter. I know all of Audit procedures that Chaten Qualified CA didn't knew.

Thanks

Sir please made video for audit sampling methodology

Please make video on how to do sampling

👍keep up

What is a mediocre firm? Are all non big 4 firms mediocre?

Where is the video on how to do sampling?

Sir I have no experience in internal audit statutory audit or any other area I got stroke on right side and this was shock for me so whatever I learnt in my articleship i completely forgot so now m blank what should I do Please suggest (now m physically ok) My CA complete in dec21