How to Audit and Analyze a Trial Balance

  Рет қаралды 48,677

Bryan Carreto, CPA

Bryan Carreto, CPA

2 жыл бұрын

Follow me on Instagram: @bryan_carreto
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Link: / bryan_carreto​
On this channel I am not trying to sell you anything other than hard work and sweat. If you do the work and stay disciplined, I promise you that you will succeed.
Please make sure to subscribe to the channel because I plan to make this channel all about the CPA exam, the accounting profession, and topics I think could help young professionals just starting their career.
Make sure to comment below any topic you would like me to cover.
My Mission:
My goal on this channel is to help all of the young professionals out there wanting to excel in their careers and in life.
So please stay tuned.
Until next time work hard and dress well
-Bryan Carreto, CPA

Пікірлер: 85
@sergecanepa1971
@sergecanepa1971 2 жыл бұрын
love this video and how you show a practical example of what an auditor does/the logical thought process behind it
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Appreciate the feedback bro! Please let me know if you have any accounting topic you are struggling with
@dennislartey5566
@dennislartey5566 Жыл бұрын
@@BryanCarretoCPA please we want to know how to prepare working papers, how to audit fixed Asset, payables revenue
@CC-wo2xc
@CC-wo2xc 2 жыл бұрын
On the right track. This was exactly the niche that needs to be filled. Practical audit content. Keep up the good work. More content like this please.
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Appreciate you bro! Definitely on to something here ;). More content on the way
@PeterPohl-uq7xu
@PeterPohl-uq7xu Жыл бұрын
Best introduction to trial balance I have seen on KZfaq.
@johnankitgomes5442
@johnankitgomes5442 8 ай бұрын
Do you know what's the best thing I liked about your video? You really loved and enjoyed teaching your viewers. You took that extra mile, to make your viewers understand.... I really appreciate it. Thank you.
@stephendeochua5812
@stephendeochua5812 6 ай бұрын
For a non-accountant, you made it very easy to understand. Thanks alot!
@caonlyca4971
@caonlyca4971 Жыл бұрын
I'm a CA. Loving your video. Please do it more. This is unique in KZfaq channel. You can conquer all finance aspirants and professionals
@aRiyomi
@aRiyomi Жыл бұрын
Great video and thanks for being a helpful mentor to audit trainees. We all wish that we could receive the same amount of training and support as you provide your mentees.
@evang8472
@evang8472 Жыл бұрын
Well done!!I'm an associate and been looking for this.Ur content is on point.Thank you.Looking forward to watch more of your videos.
@garyherndon1222
@garyherndon1222 5 ай бұрын
I Just found your page. I’m hooked. I would elaborate, but I’m at the gym. Keep it simple- stupid. The simplicity of the delivery & content are impeccable! Thank you
@miriambrown6229
@miriambrown6229 2 ай бұрын
Subscribed!! Thank you for taking the time out of your busy schedule 😘
@pema4624
@pema4624 Жыл бұрын
thank you so much! I am struggling at my job and this is very helpful~ very new to audit.
@jayaseto
@jayaseto Жыл бұрын
Thanks man, I did accounting and got a job as an auditor this is will be very useful when I undertake the audit of the FS come July
@dyvitajones8657
@dyvitajones8657 5 ай бұрын
Current audit associate and I’m feeling pretty slow so reviewing your content is really helpful. I need a lot of help
@sashac9526
@sashac9526 Ай бұрын
same, gosh. its my first job ever and i had a TB TO FS file and i honestly struggled with it so much
@GouAndSotsuWereMistakes
@GouAndSotsuWereMistakes Жыл бұрын
Thanks mate, this is better than our firm's training video.
@nigarlalayeva3419
@nigarlalayeva3419 4 ай бұрын
That’s extremely helpful, thanks for the help
@AndreA-qp6in
@AndreA-qp6in 2 жыл бұрын
Great video, thank you! When you have some time please make a video on how to analyze cash flow and preform work throughs
@erfansharifi7969
@erfansharifi7969 2 ай бұрын
loved this
@jiscarkavick2952
@jiscarkavick2952 Ай бұрын
Can you establish a complete audit of financial statements. Your videos is so real practical. And that's the point that everyone should do. Thank you
@felipau29
@felipau29 2 жыл бұрын
Currently an audit intern & this was my assignment today. Great content & super useful!
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Awesome bro! Glad it was helpful. Keep me updated on your internship and best of luck
@k4i808
@k4i808 2 жыл бұрын
Thank you so much Brian! I start my first audit this morning and I’m so nervous. This was so helpful
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Awesome! Glad this was helpful. As you go through your audit please comment any topics you are struggling with
@nohakhattab2427
@nohakhattab2427 Жыл бұрын
Extremely useful thank you so much !!
@johnoloyede4153
@johnoloyede4153 2 жыл бұрын
Mr.Carreto thank you so much, this is excellent.
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Appreciate you bro! Glad I could help.
@jimmiejoshua3307
@jimmiejoshua3307 2 жыл бұрын
Yes, we needed this, great stuff!
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Thanks bro! More to come
@jonathanrianto4668
@jonathanrianto4668 2 ай бұрын
This is so informative and elaborate, i wish if you could make a video of how to do analytical procedures to test all items of the TB and maybe an excel template.
@a.beaverhausen1140
@a.beaverhausen1140 2 жыл бұрын
Awesome video for students & new auditors! Keep up the great work!
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
I appreciate you thank you!
@lizziejumbe5777
@lizziejumbe5777 6 ай бұрын
So helpful, thank you!
@belindabrooks7620
@belindabrooks7620 5 ай бұрын
This was so helpful! Subscribed!
@chideraozomma8035
@chideraozomma8035 3 ай бұрын
This was so insightful.
@tecfab4557
@tecfab4557 Жыл бұрын
Very informative, thank you. When you have the chance, can you please make a video on risk assessments and internal controls? Thanks🙏🙏
@charlesoparah3178
@charlesoparah3178 5 ай бұрын
Bryan, excellent job. Please make a video on how you developed the WP from scratch. Thanks bro.
@hamzahfrs6548
@hamzahfrs6548 9 ай бұрын
Thanks a lot this is really helpful
@ronaghimire
@ronaghimire 2 жыл бұрын
You earned a subscriber! Much love to you and your channel. Hope you do the worksheet video soon. People like me who loves to learn will be so grateful ❤️
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Thank you! What worksheet were you referring to? How to prepare a Trial Balance? If you have any questions please let me know
@ronaghimire
@ronaghimire 2 жыл бұрын
Thanks to you for replying. I was talking about work paper that you have prepared in this video. Can you make a video on this please. I am a newbie and I am struggling to make proper and efficient work papers for analysing data. And thank you in advance for all the great video you will do in future. 🙏🏻❤️ And yes please continue this series.
@charlesoparah3178
@charlesoparah3178 9 ай бұрын
Hello Bryan. Very helpful video. Thank you. Please Please make a video about how you prepared the WP from scratch. Thank you.
@amanabutt9239
@amanabutt9239 Жыл бұрын
Hello, i just wanted to say that this is by far the best video i have seen on TB and very well explained. I have subscribed 2 ur channel now. I do alot of TB work as a financial accountant as i deal with multi-entities and reconciling the entities requires their TBs, IS, BS. So thank you
@BryanCarretoCPA
@BryanCarretoCPA Жыл бұрын
I appreciate you!!! Thank you. Please let me know if you want me to cover anything in detail
@amanabutt9239
@amanabutt9239 Жыл бұрын
@@BryanCarretoCPA sure, i will check more videos on your channel and see the concepts you have already covered and will request as required. Thanks
@Mk-jz7ty
@Mk-jz7ty 9 ай бұрын
Thank you for your amazing video; Can you please do a video on payroll audit. ADP report vs Income statement payroll line item.
@tosinfayiga1044
@tosinfayiga1044 Жыл бұрын
Thanks Bryan for this insightful lesson. Please can you do videos on how you generated this trial balance from scratch and another video on statement of change in equity and valued added statement in the financial statement. Please Bryan be a little slow in explaining as I am a slow learner. Thanks once again for the good work you do.
@msbelen2532
@msbelen2532 2 жыл бұрын
Thanks a lot 🤗 Right on time for my career
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Great! Please leave me a comment on any other topics that come to mind.
@ahmednagy3234
@ahmednagy3234 4 ай бұрын
Thank you, Bryan. Can you please share with me the worksheet?
@jnkvngz2965
@jnkvngz2965 Жыл бұрын
Great insights!
@user-oz1ip2pp2o
@user-oz1ip2pp2o 8 ай бұрын
love your vidoes. Please make more vidoes !!!
@allprolemontonz8448
@allprolemontonz8448 2 жыл бұрын
Thanks I start as an audit associate in September very helpful series
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Awesome!! Best of luck. I am here to help
@rhodakejik43
@rhodakejik43 Жыл бұрын
You are good teacher. Please make the video on how you came up with spreasheet
@tanyarolle8001
@tanyarolle8001 6 ай бұрын
Please Know that this video is just great quality! A whole course in 30 minutes
@BryanCarretoCPA
@BryanCarretoCPA 6 ай бұрын
I appreciate you! Thank you
@ChristianCPA
@ChristianCPA 6 ай бұрын
I like this guy! He knows his stuff!
@BryanCarretoCPA
@BryanCarretoCPA 6 ай бұрын
I like you too haha.. appreciate it bro
@jondoe5590
@jondoe5590 Жыл бұрын
Can you do a vid on "Balance Sheet reconciliation" please? Lots of job descriptions require this skill, but I only learned about bank reconciliations in school.
@abdoulienyassi884
@abdoulienyassi884 Жыл бұрын
Wonderful job, but could you make a on how to prepare full financial statements reports. I believe it could be much helpful.
@charlesoparah3178
@charlesoparah3178 9 ай бұрын
Bryan shortcut video please. Thanks
@olayinkayisa2477
@olayinkayisa2477 Жыл бұрын
Awesome
@denisseh3946
@denisseh3946 Жыл бұрын
What about a video on journal entry testing? My senior said I’m working on this next month for a job I’m on… think you could make a video on what this is?
@hasinarafenoarisoa3747
@hasinarafenoarisoa3747 Жыл бұрын
Thank you so much! Could you share (upload ) this file according audit of trial balance, please? How to audit the intangible assets, please?
@dennislartey5566
@dennislartey5566 Жыл бұрын
Please do a video on how to develop a working paper
@waeeeezeeeee
@waeeeezeeeee Жыл бұрын
omg ive been searching for this type of video ! T_T
@BryanCarretoCPA
@BryanCarretoCPA Жыл бұрын
Appreciate you bro!
@sarthakapte7288
@sarthakapte7288 7 ай бұрын
Can you make a video on how to audit inventories and fixed assets
@stikofbota6499
@stikofbota6499 2 жыл бұрын
More like this one ☝️
@BryanCarretoCPA
@BryanCarretoCPA 2 жыл бұрын
Gotchuu bro!
@nidhilakhani9340
@nidhilakhani9340 4 ай бұрын
Please create video audit workpapers for each line item
@brp7016
@brp7016 Жыл бұрын
Any plans to continue this series!? This is seriously great content !!!
@BryanCarretoCPA
@BryanCarretoCPA Жыл бұрын
I will definitely be releasing an entire audit series that covers all main parts of a financial statement audit. More to come..
@christopherreed3019
@christopherreed3019 Жыл бұрын
When you have a credit balance Account receivable, that means you OWE
@hansredgate1
@hansredgate1 Жыл бұрын
Quick question, you see prepaid as being quantitatively immaterial 0 balance at reporting so it won’t be tested. However, would you do then more testing on opex or cogs closer to cutoff period? Or would this be verified with testing of payables?
@denisseh3946
@denisseh3946 Жыл бұрын
Have you made a shortcut video? For excel
@user-ny7lj9uk8q
@user-ny7lj9uk8q 11 ай бұрын
PLEASE MAKE A VIDEO ON HOW TO CREATE A WORKING PAPER
@hasinarafenoarisoa3747
@hasinarafenoarisoa3747 Жыл бұрын
Could you make videos about NPO Auditing, please?
@sarthakapte7288
@sarthakapte7288 7 ай бұрын
Can you ma'am video on how to audit inventories and fixed assets
@sarthakapte7288
@sarthakapte7288 7 ай бұрын
Make
@tosinfayiga1044
@tosinfayiga1044 Жыл бұрын
Plaese Bryan, can you kindly avail me any of your social media address with which i can reach you incase i have a question or there is something i do not understand? Pleaseeeeeeeeeee!!!
@tosinfayiga1044
@tosinfayiga1044 Жыл бұрын
Plaese Bryan, can you kindly avail me any of your social media address(WhatsApp or telegram)where i can reach you incase i have a question or there is something i do not understand? Pleaseeeeeeeeeee!!!
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