Procedures for Identification & Assessing Risk of Material Misstatement (RoMM)|#CA Final Auditing

Confused about Risk of Material Misstatement (RoMM) in CA Final Auditing? 🤯
In this video, we break down the procedures for identification and assessment of RoMM in a simple, humanised, and exam-oriented way as per ICAI syllabus.
🎯 What you’ll learn:
✔ Meaning of RoMM (IR × CR)
✔ Step-by-step procedures to identify risks
✔ How to assess risks at Financial Statement & Assertion level
✔ Significant risks & audit focus areas
✔ Real-life examples for better understanding
✔ Memory tricks for last-day revision
💡 This video is perfect for:
CA Final students (May 2026 / Nov 2026)
Audit exam revision
Case-study based preparation
📌 Learn how auditors actually think and apply risk-based auditing approach to score high in
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Видео Procedures for Identification & Assessing Risk of Material Misstatement (RoMM)|#CA Final Auditing канала CA Gayatris Academy