What Do Auditors Do? [± 5 mins]
This video explains what auditors actually do – with Sumaya West

The Audit Process [± 6 mins]
This video explains the four stages of the audit process – with Wayne Coetzee

Fraud [±7 mins]
This video explains what fraud is and whether it is relevant to an external audit – with Mark van Rensburg

What is a Misstatement? [± 5 mins]
This video explains what is meant by a misstatement – with Sumaya West

Materiality [±5 mins]
This video explains the concept of materiality – with Wayne Coetzee

What are Assertions? [±6 mins]
This video explains what is meant by assertions in auditing – with Sumaya West

Business Risk vs Audit Risk [±6 mins]
This video explains why understanding business and audit risks are important to both management and auditors – with Wayne Coetzee

The Audit Risk Formula [± 8 mins]
This video explains a key part of how an audit actually takes place: the audit risk formula – with Mark van Rensburg

Control Testing [±7 mins]
This video explains tests of control and how they differ from substantive testing – with Mark van Rensburg

Modified Audit Opinions [±6 mins]
This video explains what is meant by a modified audit opinion – with Sumaya West (co-authored by John Chambers (UZ))

An Overview of the Audit Process [±9 mins]
This video explains how the various audit process topics link together i.e. the big picture – with Sumaya West

Risk of Material Misstatement Assessment: Part 1 [±12 mins]
This video explains assessing the risks of material misstatement (RoMM) around both fraud and error, at the financial statement and assertion levels, explaining its component of inherent risk in detail – with Michael Harber

Risk of Material Misstatement Assessment: Part 2 [±13 mins]
This video explains assessing the risks of material misstatement (RoMM) around both fraud and error, at the financial statement and assertion levels, explaining its component of control risk in detail – with Michael Harber

The Code of Professional Conduct [±20 mins]
This video explains the different components of the SAICA Code and reviews ethical considerations for chartered accountants, such as threats to the fundamental principles and auditor’s threats, especially to independence – with Michael Harber

System CAATs [±9 mins]
This video explains the principles of how the auditor can make use of computerised techniques in order to perform system and controls testing. The distinction between the two broad categories of Computer Assisted Audit Techniques (CAATs) is briefly explained and illustrated – with Michael Harber

Data CAATs [±12 mins]
This video explains the principles of how the auditor can make use of computerised techniques, specifically Data CAATs / audit retrieval software, in order to perform audit tests and data retrieval – with Michael Harber