All right, that's it for our demo now. I'm going to turn it over to William for the live Q&A portion of the session I see a question from the audience Specifically we not ask if the situation arises that developer one and two Have developed your code in their one branches and wanted to merge both the developers code What is the best optimal way to have parallel commits? William Yeah, let me let me see if I can take a look. So in this situation, there's there seems to be two developers This is from Vinon. Thanks for the question So both developers have developed their code in Their one branches. So in this case, it sounds like we have You know some type of branching branching strategy where there's a there's a master branch or a or a feature branch And then each of those developers have created their own branch off of that Where that's their own feature branch that they're developing their code in and now they want to both Merge in that code. What would be the optimal way to have parallel commits? and so I Would say in this way, I don't I don't know that there's a A huge a huge difficult strategy in order to enable this workflow In fact with the with using git, which is what git lab uses as our as our version control You you basically get this functionality out of the box and so In a nutshell developer one is going to merge their feature branch back into Let's say the main branch Then they just would submit a merge request through git lab as you saw that merge request would kick off It would have all the testing that you saw in the demo And you go could you could even reply to a review environment and then you could merge that into the master branch Now a few things may arise and then then developer to so it sounds like Maybe you would want to test both code changes together Before merging them into the main branch and getting them out into production In that case you could you could merge them both into into an integration branch or Simply merge one of those branches into the other. So that's that's a flow that we use here at git lab frequently When I'm doing development You know, I'll often have my own feature branch. We use a very simple model. We have a feature branch For each and every change And then we try to make those changes very small and then we merge them back into main So we just have one main branch production runs off of that And we branch out for each of these small features now from time to time I'll be working on a feature and one of my colleagues Dan who you heard giving the demo will also be working on a feature And in this case we want to integrate both of those changes together before merging it back into main and that's really as simple as me merging dance changes into mine and now my branch contains both of the changes And I can kick off all of the tests. I can see how those two changes perform together in my review environment Before merging them back into main What's really nice about git lab again because it's based on git Is by simply merging that dance branch into mine then my merge request updates automatically I can see all of Dan's commits in my merge requests and the pipeline kicks off and in fact get lab will automatically close His merge request if he had an open one open because His code has an effect been merged into mine So hopefully that's That's some helpful explanation there So Additionally to anybody who's on the call will definitely send you a copy of this recording It looks like that was one of the other questions and then There is a Few more questions in here as well. It looks like Are the default auto devop pipelines jobs as described in the gilab ci yaml configuration? And if yes, can we see that? That is a really good question. So absolutely. Let me see if I can share window So I I just have a random get lab project here This is one that I have just a little bit of code in this is this is a Pretty simple app. This is basically I ran rails new and Just generated this code. So this is a very simple application. Nothing's been changed here. And so There's a few different ways that you can see I've enabled auto dev ops And so when you do that when you go into the settings and you enable auto dev ops, what that does is it gives you this Get lab ci yaml file Which I may have pulled out of here, but I can show you what it looks like. So for example Let's go to add a new file And what you can see is that I can choose a template like if I want a docker file or whatnot and I Can choose gilab ci yaml as my template and then we have many Templates for you to choose from you know, there's a go template you know Laravel if you're using that there's a lot of different templates available and you can even build your own ci yaml templates and The one that I want to show off is auto dev ops so auto dev ops in effect is Is basically a get lab ci yaml template? So the way that you automatically build all those pipelines that you saw in Dan's demo is based on this file And so literally this is what the auto dev ops file is you can see it's not too long, but it is thorough and this is This is a file that you can actually then go in and edit and modify and Build off of an extend so we see a few ways that people use this One would be is if if they're starting from scratch and they need to figure out like what should my yaml file look like how what stages doesn't need What jobs do I need in each stage? Just where do I start from? that could end up being a lot of researching in our docs and You know can take you a long while so the auto dev ops Template that just gets you up and started right away like here. You've got a you've got a Pipeline and now you can go and modify this pipeline And so we see folks using two ways one is they go into this file and they add to or they modify this test suite as they need And then the other way would be to use elements from this file in their own get lab ci yaml file So this template is a is available. It's in the code base online literally in and any It's part of our templates repository And so you can see all the templates we have here including the auto dev ops template And in fact, I have a docs page open this you can see that our yaml You know specification is Very thoroughly documented So if you want to know everything about all of the keywords that are available all the ways that you can extend and modify your pipelines and build CI-cds code Using the ci yaml file You can see there's some thorough documentation available as well Thanks, William, I think there is additional questions And I just want to make sure we get through all of them if not most of them So in the Q&A box Jim Robbins asked how do you configure the DAS for auto dev ops? How do you configure the DAS for auto dev ops? So the really nice thing is that it is part of the template and There is nothing to configure so you can see that I Can disable it if I want but if you're using auto dev ops The auto dev ops templates automatically going to add a DAS which is stands for dynamic application security testing So this is the part of the pipeline where once you've deployed your app into the or once you've deployed your code into the review app It then tests that running code And you just get this out of the box So you can see it's defined as a stage there and then within the stage These are the jobs that are defined and there's nothing for you to configure So if you wanted to build your own pipeline, you could actually leverage this auto dev ops stage and This would be how you could configure DAS for any pipeline or if you just use the auto dev ops template It comes out of the box and there's nothing to configure. It's literally just a check the box Yes for auto dev ops and you it'll add this template for you. All right That's super helpful And now from Mike and he's asking how do the runners docker images work if your app is a desktop application? Is there more setup involved? That's that's a good question. Let me let me think about that. So if your application is a desktop application So let's let's just assume for the moment that It's a it's a Linux application that becomes very easy because our runners run on Linux And so anything that you would do to Test the Linux application. You can just run on runners I do know that our runners also work on Mac OS X and so if you're building like a cocoa app or Like a Mac OS X native application you can actually run the runner on OS X and Run tests for that for that desktop application I know that we do also have in the works Are on the roadmap? runners for Windows and I It is just slipping my mind at the moment If that is the case today get lab runner Windows I'm just going to take it a guess here and say yes, you can do it on Windows as well so you can actually install your runner on a Windows system and That way it can it can execute on Windows I would say in addition to running on that environment. There's there's probably a few different things To testing out a desktop application Versus a web application But Any anything that you can script you can run in a runner So the runner is literally just a shell executable environment So anything from your shell that you would be able to say go and execute this test job and automate that way You can you can run from a runner and test your desktop apps or mobile apps In that way, I see questions again about you know testing Android phones Or other types of environments like that the the answer would be anything you can script you can execute from a get lab runner All right Thanks, William. So we are at 1131 and we still have two more questions If everybody is okay with going a little bit over we can continue otherwise We can some of the questions through email the answers I mean for the questions So, how do you see if I can I can answer just a few quick ones here? And that way it'll at least be in the recording that folks will get afterwards Another question is What features from GitLab do I miss if I use a different IDE? Let's say a clips Instead of using the GitLab web ID and the answer is you don't miss any features at all And so in fact, I regularly use different ID ease to edit my code And there's no requirement to use the GitLab web ID So I use the web ID all the time. In fact, I was using it right before this webinar and But there's not a requirement to so it just depends on that the task that I'm doing If I want to review somebody else's branch I might just do it right in the web ID because I don't have to change any of my local state But for my own local development, I use Adam editor and it works just fine as soon as I push My git branch up to GitLab everything just works And so you can use GitLab with with any editor In fact, we even have an integration with Xcode and so if you're using Xcode You can push right from Xcode to GitLab And then there was a question also about testing for Android, which I believe I answered Earlier that you can anything you can script you can you can run With with that Agnes any more questions before we close it down No, I think that's all the questions we have. Thank you so much for submitting all of your questions So this demo and live Q&A session is something new that we're trying So we'd love to hear what your thoughts on today's session and would appreciate your responses to our survey Which I'll drop in the chat We also would like to invite you to sign up for free trial of GitLab ultimate I'll chat that link as well And finally, if you have any other questions, then hesitate to reach us via our sales contact page about the good lab comm slash sales That's all for today. Thank you so much for joining us and thanks William for being our product expert today. My pleasure


and this is Beyond the Lines on Think Tech, Hawaii. I was the head coach of the Punahou Boys Varsity Tennis Team for 22 years, and we were fortunate to win 22 consecutive state championships. This show is based on my books Beyond the Lines and Beyond the Game, and it's about leadership, character, and creating a superior culture of excellence. My special guest today is the owner of the very beautiful Gondona Estate Winery in Napa Valley on Prichard Hill. He is Manuel Pires, and today we are going Beyond Fine Wines. Hey, Manny, welcome to Beyond the Lines. Thank you, Rusty, it's a pleasure to be here to tell my story, you know, across three continents.  You've had so much success in your life, but can you first tell me a bit about your background? Well, I was born and raised in Portugal in the Dorou region, and it is actually it's called Trajors Monsets behind the mountains. So that kind of goes well with the show today. I was 15 when we came to the United States to specific Connecticut and attended the school in Connecticut on star of my young career, spending a summertime, you know, when working for a watch company on that, put me on the right path of electronic timers. Very after that, I started the company in 1977 manufacturing and repair electronic timers. Then right after that in three, acquire Morse Watchments, which is the leading technology of time devices, that watch, you know, night watchman systems, smart keys, and we took a national and not only that, but it also international. Manny, I'm impressed that you were the president of Morse Watchments because like you said, you were the global leader, global technology leader in management security systems. I mean, this is worldwide. Now, I want to ask you, what did you focus on with your company that made you successful? Focus was technology at the time in the early 80s things were just moving so fast, but the way the technology was being, the systems were all mechanical devices. Everybody was in the age to, you know, to change it to some method of doing it electronically. And that is when I developed the first night watchman systems in the 83, took it to the market for six months and then put it into a global and that we were the very first ones on that field. And then that literally within six months was overnight success. Man, and it's amazing the patents that you had developed with Morse Watchments. And Manny, I want to ask you about your beautiful Gandona State Winery. I mean, you're in Napa Valley overlooking Lake Hennessy. It's absolutely beautiful. And why did you name your winery after your grandfather? Well, that goes back to as a young boy spending the amount, you know, the time and the summertime on that, and on this farm, you know, school would not be able to finish fast enough so I could work, you know, not work, but spend the time with them in the summers. And the name was given to him when he returned from the United States in 1920 and he helped the village a great deal until the very last day of his life and that it means humble, someone, you know, gracious and that stayed with me for until now. Even when I visit the village, the village refers to me is the grandson of Gandona is coming, so that's what the name is. So I made a promise to myself someday I will develop or own a winery and I will name it Gandona. I love that, that the name means humble man and many tell me about why your winery is so special. I mean, you're at Pritchard Hill and how many acres do you own and how many acres are the actual vineyards? So we're in the north corner of Pritchard Hill, the middle ridge. The Pritchard Hill consists of three ridges and we're at the middle. The property, it's a 114 acres estate and we have under 20 under vines. Man, it's absolutely beautiful. Justin Cruz and I had the pleasure of being there at your estate last month and it was absolutely gorgeous.  We love all of your wines and we love being there with you, Manny. Did you like having, did you have fun with us too?  So that was a surprise. Now, Manny, I wanna ask you, why is your winery successful? I think it's not a, it's one, it's the leadership I have on and then surrounding with a great team, like Philippe and Adam on Costa as well. It's being focused, you know, being coming from outside, no wine experience. The fundamental was acquiring, you know, beautiful land, you know, the best land and then, you know, consider the best land to produce Cabernets of Young and this, and Pritcher Hill. I should not be any less, the wines, they should not reflect no less than our neighbors. And with the right team on, and it put me where I needed to be, you know, and continue improving what we need to be done to be successful. You're so right about the importance of building the right team around you. And Manny, tell me about how the fires had affected you or that area. Well, we've been affected by the fires the last three years, one way or the other. Started at 17, but under normal conditions and what I have, we haven't experienced fires, they come in much later than what was the fire in 2020. You know, it's after the harvest. So all the fruit is in, you know, we're the only biggest concern we have, you know, make sure the fires don't get, you know, they got close enough. So, you know, add damage and structural or the vineyards. But the 2020 fires started at, you know, August 14th and that was, we just had finished variation, you know, not even close to be picking.  People need to know that even if a winery doesn't, you know, get burnt down because of the fires, the smoke will ruin the grapes. Is that true? That's what happened in 2020. So we made a decision not able to pick any fruit for that reason alone, you know, not totally ruined, but it would be showing in the wine after this bottle. So the level of wine we're producing on Pritcher Hill, that would have been very difficult for us to put it in the bottle. And what type of grapes do you grow at your vineyard? What a, the estate is 100% Cabernet, you know, so we, you know, it's, that's what the soils and what if the region is well known for it. And right there, you mentioned about the soils. Tell me about the uniqueness of the soil and why it turns out to be such great soils for your wines. We're sitting in the middle of, which took place some type of lint slide, you know, during maybe two or 5,000 years ago when the soils are just lots of volcanic rock, you know, reddish, so lots of iron, you know, as well. So it's great because lots of rock, with also lots of nutrients decompose materials and great drainage for the vines and the soil exposure, various areas with vines enjoy and be able to produce the level of fruit work. No, it's amazing. And I want to ask you about Philippe Melka. Philippe Melka has been named one of the top nine winemakers in the world and he's your winemaker. What makes him so great? Well, Philippe and I met about 2006. He was familiar with the property even back then. And, you know, in 2007, I approached Philippe said, would you consider being the winemaker? So the answer was, he didn't give me an answer right away, but within a year or so, he said, yes, I will be. But he was fundamental involved with replanting the entire state as well, even before he was the winemaker. So, and he's been our winemaker since 2010. And that's amazing. And I want to ask you about Terry Kakazu. I mean, Terry is the owner of Terry's Place and Hazard Wine Company here in Hawaii. And she is the one that connected you and I together. And there she is with you and Philippe. Correct. I, you know, that photograph brings memories. You know, I was, I believe it was the very first day. I remember the conversation I had with Terry. He said, I'm going to be in town. I'd like to visit you.  Yeah, she's such a great promoter for Gandona. I mean, you're in Costa, the mayor. I mean, I love all of your wines and Terry is just so knowledgeable. And I'm so appreciative that she was able to connect you and I together. And Manny, I want to ask you, what's a big challenge for you in dealing with your winery at the moment? I think the challenge is young now, what, you know, specific in the summer times, the fires. That is, it's the biggest challenge. You know, there's not a single day goes by. We don't think about it. And it's been on our minds for, you know, since 2017. That's, right now that's, that's what it is. Even this year, the challenge was the nature of, we were getting, we got on five days, the temperature reached the 117 feet from five days straight. And this is just before harvest, you know, and we were forced to pick right after that, you know. And that's the challenge we have young now, what's coming in during that those 30 day period of harvest. When you deal with those high temperatures on certain days, is there a way that you can cover certain parts of your vineyard or what do you do about it? We do have shade called, we can protect the food and the South side, but it's, we do that as well. That helps, but wasn't, this year was just, we never had experience that 120, you know, for that period of time. You know, in the 2015, we experienced two or three days at 110 and that does help. But this year was, you know, it was beyond that. So Manny, when it gets that hot, how does it affect the grapes? It really depends out quick and now if they're exposed to the sun at the late afternoon, literally dehydrates the fruit. So, you know, if we get them in days and without protection, if we, you know, they'll start turning to raisins. What's another challenge you deal with, maybe in terms of, you know, there's some bigger wineries versus, you know, you're more of a limited production winery. What's a challenge with that? Challenge is if you're able to find the right partner to support you in the certain markets in the United States because we're so small, we're, it's difficult to find that partner to represent the wines and those specific markets. You know, it's unless, you know, it's done, most of it is done direct to the consumer, but where else we want it to be exposed and into the certain markets. And many, how many, so how many limited cases do you produce per year approximately? The total wines from the, it's under 2,000 cases, you know, varies, you know, from year to year, but that's, it's very small. Okay. And how would you describe the details of your Cabernet wines? The Cabernet is that they're, they represent the site, that is lots of beautiful fruit, very fruit-forward, they're levels of fruit, lots of beautiful mineralic, clean, velvety. These are the wines are for long aging. Yeah, I agree because for me, I can't really taste all of these unique details. I just try the wine, I'm like, oh, this is really great. I mean, I know if it's great wines or just okay wines and all of your wines are just superb. And Manny, you have my first book Beyond the Lines, I need to get you my second book, but I want to know how did you like the book and what stood out to you in it? What stood out to be in the different sections of the book was that one, it's a team player. So it's not only that, but also at the same time, it's the success is gets measured, not in the short term and the long term.  No, I'm glad you brought up that because I mean, we have teams, whether it be in sports, business, I look at a family as a team and not just being able to achieve success but to sustain success. And that's what you've done with Morse Watchmen's, that's what you're doing with Gandona Estates. Is there like a secret recipe for you achieving this sustained success? It is the team, but also we have to move with the market to where the market takes you and be sensitive to that as well and be focused and that if it's domestic or international-specific at Morse Watchmen's, we were very successful in the European countries, with the fact perhaps was because growing up and spending that amount of time in the summers, that I was sensitive to that versus the United States and pick the right partners, I think that it is essential. And they have to be at the same level of focus of the market and develop those markets based on teamwork. And many, we've heard of the phrase attention to details and I'm all about a superior discipline details and that's what you're about too, these superior discipline details in terms of why your winery stands out as one of the premier wineries in Napa. How detailed are you when you're doing what you do with your vineyards? We are very detail-oriented but more on not only in the winemaking but also in the farming and that's what it's all about. It's producing a great bottle of wine. You also need stars and farming, stars in the soils and that. Yeah, I agree. And Manny, tell me about the caves that you built at your winery. I mean, you have some incredible caves there. So tell me about how you built it and why is it important to have the caves? Well, the caves is, it's nothing new. There were very difficult and logistics just to come up to the bridge to the top of the hill. It was a company that they've been doing it for a long time but it was challenging because it was bedrock on a very unstable rock on it. But the caves is great for the wine because that's where the wine rests in a way for 20 to 30 months on a barrel without changing the temperature. It maintains around 56 to 60 all year round without any influence from outside. And Manny, you have been to Hawaii multiple times and before the pandemic, you were featured at the Kapalua in Maui, the Kapalua Wine and Food Festival, right? And how was that experience for you? It was a great experience and we kept on supporting that association as well and we continued doing it and we start coming more often visiting Hawaii in specific Maui. So it was not only once but we would come and visit and stay there, you know, effervescent times a year. Well, Maui is absolutely beautiful and I want you to come to Oahu. When will you be coming to Oahu next? Soon, that'll make a short trip to the big island, you know. And Manny, obviously, you know, in my book I talk about the importance of taking calculated risks. You cannot just be complacent and have success. You need to take calculated risks. What are your thoughts about the importance of taking risk? But you have to evaluate the risk. There's a level of risk and I think that overcomes what you know as well. So the risk can be there but at the same time you have to measure their risk. It is a worth to go through that and in our case, we don't, you know, Morris Watchman's, there was always a risk when we introduce a new revision or a new version of the system. The risk is, you know, when you're dealing with the state of the art electronics, you know, specific in the software, you know, it's very quickly, you know, it's redundant, you know, because the technology moves so fast. And so, but there's risks. Any risk, and every day we walk out the door, we just have to overcome those. Ian, when you came up with those patents for Morris Watchman's, I mean, you were always very forward thinking. You're trying to anticipate the next trend, right? Correct. You know, it was not only the patents but the product. The product didn't exist. So we not only created the product but we developed the market so the product can be actually sold and used. And that is, that was the biggest risk that we didn't know how the market would accept it. But we, so the market for the key control didn't exist. All the keys were B&House and metal cabinet with the paper tag on it with the name all in, you know, together and our system allows us to be very precise. It's all done electronically. And so that along the market, we moved the market from, you know, from a mechanical device to a solid state device.  You did the same with Gandona State Winery. What type of leader are you? What kind of, how would you describe your leadership style? I wouldn't even know how to answer it but I'm looking for an excellency on that, whoever the outcome is, you know, it's not easy every day or any day, but at the same time you have to deal with those situations, you know, and overcome, you know, with the team. No, I'm glad you said excellence because that's all, that's what we're about. We're all about, and I always say, Manny, there's a difference between a culture of excellence and a superior culture of excellence. And that's what I really like. I like helping good teams become great, but I like helping great teams become extraordinary. And you truly have an extraordinary vineyard there. And Manny, I want to really thank you for taking time to share your insights on my show today. You're very welcome. Thank you, Manny. And thank you for watching Beyond the Lines on Think Tech Hawaii. For more information, please visit RustyKamori.com and my books are available on Amazon and Barnes & Noble. I hope that Manny and I will inspire you to create your own superior culture of excellence and to find your greatness and help others find theirs. Aloha. Thank you so much for watching Think Tech Hawaii. If you like what we do, please like us and click the subscribe button on YouTube and the follow button on Vimeo. You can also follow us on Facebook, Instagram, Twitter and LinkedIn and donate to us at thinktechhawaii.com. Mahalo.


Welcome back fishing freaks pollen going crazy right now wind blowing 20 to 30 Trees just swaying in we haven't had a ton of rain this year to really get the creeks flowing But also it hasn't been a drought and I don't think they're gonna be dry So I'm really curious to see what the creeks are gonna be looking like I have a few of them that are around me You know, that's a pretty long hike got a bum knee right now because On the dangling with one rod and John the other day Something just popped like a guitar string at my knee. It's done that since last deer season and it's Man, it's like every couple months. It just pops. I don't know what it is takes me like three weeks to recover So we're gonna be hopping on the Baku today We're gonna be holding our danglers on that thing. I'm actually not sure what's the best I might could go two-piece rod up front with the bow rack right here That might be easier. I think it's gonna be kind of a rough ride. It's gonna be adventurous We're gonna take all the gear just I'm not gonna put it together I'm just gonna take it take it as it is. I'm gonna put it together when I get there because I think it's gonna be rough I don't want anything bouncing out The new ultra light rod This is a one-piece right here. It's the only one I have I wish I had a two-piece would be perfect I don't want to take my gold series because they're seven foot and this one is I think just over six. I'm gonna be in amongst trees It's gonna be nasty down in the creek So I want a really short rod the ultra light is perfect for the creek fishing So I'm gonna take that take a green series reel and I've got a couple of tackle boxes Already in my little saddle bag here just a bunch of different stuff for maybe encountering some white bass Possibly a crappie but I doubt it Gills, maybe even largemouth, you know, I've been to jumping online lately. Let's find a creek and let's see if we can catch something That was a little more technical than I was expecting Smart looks clean y'all. Let's get a rod and reel together and see if we can catch something. It's like a rod held up Pretty good still one piece This rod still one piece. So that's good news Put my reel inside of here Simult that reel Well, bam stick it on the rod. I actually have a gold series handle on here Because I lost my my green series real real handle and so if you have both of those just know They are interchangeable this mini this mini recon because I feel like That's their color too in this water. I feel like I could get anything on it Bass white bass crappie Saddled up on my horse here Saddle bag the only problem with this is I won't be able to fish Into the cover very much, but I want to just try Throwing around on the outside for a bit see if there's any chasers especially white bass just kind of out in the middle and it is snake season so Watch out for danger noodles. Shall we we go waters? Not be surprised to see a bass spawning up in here either That little crankbait looks nice. Oh gosh, there we go smashed It looks like a little white bass Little white bass running I got me a white bass They all caught anything cool You say you got a crappie That's great news The crappies might be moving up back here, ladies and gentlemen Noodles stay away there goes something Slythered off there. Oh, there's one Oh, it's a runner So some good on this ultra light.  I Mean knocked the pain off of it not literally but figure-to-play a Hit all day ultra light rod.   Oh my gosh. I mean the hit on this little rod is Fantastic, this one feels like it's got some girth What's going on here? Oh Yeah, that's a good one on this rod kidding me That is fun. I mean, that's a that's a legit keeper a good eater, too Love to see that right there got you behind the gill plate there, and I'm not sure what you're gonna do There you go. All right. Oh my gosh, you hammered it All right y'all white bass Officially running up on the creek here. This is what I really wanted to see today That one is juicy fat. Look at that male male spit now to spawn juices Love to see it little crankbaits like this or an excellent choice For this type fishing white bass just eat them up I've never really got only good crappie crankbait bite, but Sure, the right circumstances called it would do pretty well But my gosh, I don't know how many white bass I've caught on crankbaits I don't know how many white bass I've caught on crankbaits not meaning to while bass fishing. They just attached it Come on big and tap my land. I can't even imagine getting a five pound bass on this pole The the light which is my favorite rod The micro in the micro series. It's just that gold series light That's one I use all the time for crappie. I've got like four of them. I mean, that's a noodle, but this thing Is an absolute buggy whip but now y'all can see what I was talking about with the Rod length all these trees hanging around behind me. It's just gnarly Definitely want a compact pole when you're fishing this kind of stuff Tell you what if it was sunny, I might be able to see a bass on a bed back here, huh? Come on, man. I'm a somebody sat here was Coors like Fish on the on the river a little creek fishing. That's a good old Saturday night there Now the reason I wanted to come out here today is just it's so windy the main lake It would be brutal. It's pretty nice all the trees All right time for a little change up fish this pot for a little bit So we've gotten three White bass bites take that lure off that nice little buddy there mostly crankbaits in here, but Got a couple little roosties Throw this light little buddy right here. See if we can get some Probably gonna hang the bottom At least with the crankbait you got that bill and you can sort of slow work it deflect it up around some brush no deflecting with Exposed treble hook like this. No No bill no garden. I'm gonna look here Get something on that Why bam I went on the roostie getting me all up in the deal Come on now.   That's what you got to do on these Creeks that are getting a lot of pressure I've already seen six anglers in a hundred yard stretch Getting a little heat bite Yeah, oh Yeah, bring me the needs got no troll over you. Oh, yeah Man, oh roostie might be the program. Oh, buddy just hammered it It go Dang y'all, this is fun. This is so much fun in this pole another keeper Just to confirm The old meat getter here. Oh, yeah That'll keep that'll eat. I don't have my bucket to ride them home. I may have to come back here with a bucket I've been able to catch any of these puppies on the main lake. Oh my god Yeah, little micro buddy up there on that ridge Little more manageable. Oh, it's a bluegill. Look at that second species true bluegill Not a hybrid Well, bam dang y'all We'll catch me some dinner. Oh my gosh, you're jumping over here, too.   Oh, yeah.  Oh, no Got a knot Not good not She done got tied up hang on brief pause. Oh Wow, I just I should have kept that camera rolling because I forgot to thread the line through my bail On the spinning rod so couldn't reel in And then everything got tangled again Got tangled around my GoPro got tangled in trees on the ground So anyway, you guys missed about five minutes of me fumbling with wind and stuff What's been cool? All right, so that sometimes happens you get those little wind or not wind knots, but twisted knots My gosh, I haven't done the one right now. This is for your life.   That's great But actually, you know what? Smack one of these chubby grabbies on this thing That's a little biscuit right there Take old twisting the goo off here. I don't feel as confident in that for white bass, but Really don't want to have to deal with another Twisting line I don't have any snap swivels Beady bank dangle I'm going to give everyone down the pipe right here Distance for that bad boy. It's going to be a fast sinker though Think fishing that little spinner in line spinner slow was Very good. It's cold waters Chilled off here last few days. Let's see how this looks. Oh Looks pretty darn good. Yes. Oh I don't know what I'm talking about My best love that chubby grabby.  I just got one hook Get right out. Let me go Why by him?  I Went with the ultra clear watercolor caught a few We'll see what this will do this little combo right here This is nice. There's just no way to throw these little crankbaits on Typical basket here.  The knee is done The knee is over time to go home I'm gonna give it five more casts come on buddy Hit it I just come up here in the apex of the bite to quality quality casts Three Big money cast right there Just kidding. I got you guys. Oh last cast here we go. Oh, that's entry That's way up in tree. That's not quality I got a good redo on that one. Good redo. I think there's a little bit of current coming back this way Come on now Paul last nail of rail right here. Oh, there he is right there. Oh my gosh. I cannot make that up last cast Cannot make that up It was meant to do They do hit a red crank All right, not a keeper But fun times buzzer beater, baby Those are fun And anything catch on this rod legitimately in that fight right there awesome a Bluegill is fine on this thing But that was a good time and I'll drink to that. Whoo Let's see what's broken here micro dangler Good to go. Oh good to go See slightly bumped over really looks good bike looks good That was fun and it was good exercise. It was good. It's good for the knee got a little muddy But it was worth it Found some golden crispies. I may just have to go back there and get a couple of those for the dinner table That'd be kind of cool. Just ride back pull a cooler right here. Just come back with some crispies boom I like this plan. I like it a lot. So thank you guys for tuning in today And doing a little creek fishing action with me I've been out on the boat so much lately. It was kind of nice just to get out on the bank and see what was going on up at a creek and quite honestly, I Was impressed with what was going on up there You know just compared to everything else. I've been seeing on the main lake the creeks might be a deal I might need to get the crispy collector fired up and get to going up in some of these creeks I think I think now is the time if y'all want to get your hands on One of the micro sticks the ultra light I can use my promo code LFG at checkout and get those those are on googen squad calm Or if you want to get one in store if you're around here, you can go up to our warehouse in crumb Shop our all we got all the rods there. We even got the black series there So go check them out and as always fishing freaks Thank you for tuning in to each and every episode in the great outdoors We adventure more we get in the truck take the silver bullet. We doing we doing some bass coming up here Thank you guys for tuning in stay tuned for more outdoor action. I'll see you


Hey everyone, welcome Thanks for tuning in as you guys know This is our 666th episode and I have been synthesizing the most profound things that I've learned in the last couple of years and And It all really comes down to one thing All ancient spirituality all cutting-edge science comes to one thing That's the evolution of consciousness all of the most important metaphysical questions That exists Jake, thanks for your question. I'll address that I will The question was about if this is a computed game of sorts. We'll definitely get there all of the most important metaphysical inquiries about the true nature of reality come down to the evolution of consciousness We as one cohesive cohesive whole unbounded infinite whole are exploring infinity So we're gonna refer to that as source. Okay, we're gonna call that source This infinite unbounded hole and we are exploring Infinity and if you'd like to visualize this you can visualize this like the source light splitting through a prism and becoming the visible light spectrum You may have seen that in the images that we've recently been posting This is the absolute hardest thing that I've ever done is pieced together all of this Content across Everything I've learned the last couple of years into a what I'm calling a digital cysteine chapel The world has a lot of noise and so I would really like to make Something of great signal that can last the test of time that brings people a lot of value that people can continue building on top of over time so that idea of Us all being an unbounded Infinite whole called source exploring infinity and us being a this being a permutation of That a combinatoric if you will now This completely depends. I'm gonna speak to this on a scientific level as well because it's very important that we get to the understanding of this on not only a non dual spiritual level, but also on a scientific level So on a scientific level What I believe is going to be the most important one of the most important fields of the 21st century is Called evolutionary psychology of course along with artificial intelligence and there's gonna be more that emerges But evolutionary psychology is what you could call this scientifically and it's basically what You can look back 5,000 years and you can find Spiritualists in India and many other parts of the world that have been studying these interior states of consciousness So now science has a term for it evolutionary psychology and we're studying it and Very generally speaking The evolution of consciousness Has been from a deep time Perspective from that source point which you could call the big bang or you could call God Or you could call all that is or you could call basically any of those Up until the evolution of life Somewhere around four billion years ago. Let's say and then that process of What is a biogenesis the initial formulation of life? and Everything that it's picked up over these billions of years Going from single-cell organisms to multi-cell organisms to building up this nervous system and All of the experiences that we've been like a chain Epigenetically building up until this point. That's why you when you're born Already basically have a tremendous amount of a priori Biological and cognitive infrastructures already built within you Now what we could call this evolution is that Your ability to go from egoic perceptual in infrastructure To slowly evolve beyond ego Right evolutionary psychology and spirituality are both pointing the same thing we evolve beyond ego and This next What you could call level Is something along the lines of a social or an ethno? Style perception so all of a sudden we realize that okay Well, I'm evolving beyond my ego and I can now perspective take I now know how to get behind someone else's eyes I know how to I know how to empathize better an ethno meaning that okay now I associate myself maybe with my state or maybe with my country So that's an evolution. I'm speaking very generally here We could definitely get into more of the nitty-gritty nuances, especially with people like Jean Piaget that have been literally studying this There are many other Incredible psychologists that have been studying this but I'm giving you it a very very very abstracted level rather than getting into the nitty-gritty details The next one is having a world-centric consciousness So you move beyond just being social or ethno to world-centric All of a sudden you're realizing that humans are one species out of 10 million other species You're realizing that every single breath of air that you take in You're literally summoning the photosynthesis that has been happening by phytoplankton and trees on the planet every breath of air And your exhale of co2 goes directly back to them and the pro and the cycle of photosynthesis continues So you're really starting to get this world-centric perspective, right? You can tell we're embedding both science here with things like photosynthesis and evolutionary psychology But we're also talking about this very spiritually as well as the consciousness becomes less ego centric. It becomes acknowledging the Interconnectedness the depth of the interconnectedness which many indigenous wisdoms across the planet have been Communicating for the longest time Okay, so we've gotten to this world-centric perspective Now this is kind of the this is where evolutionary psychology kind of is is trying to figure out how to get to the next levels We call this trans personal psychology Going beyond just your personal self, right? So we had a little bit of that in the world-centric with understanding the interconnectedness But are we really actually Feeling the truth of being the photosynthesis. Are we feeling the truth of being the phytoplankton and the tree and In the ancient spiritual lineages of metaphysics Again, this is not specific to one in Hinduism. We have Advaita Vedanta in Buddhism We have Zen and Dzogchen in Christianity. We have Gnosticism in In Judaism, we have the Kabbalah and Hasidism and in Islam we have Sufism So we literally have and this isn't even to include West African Vodun or This isn't even including the the practices at sweat lodges and the Native Americans So there's many many many Ancient spiritual traditions that have gone beyond the personal trans personal to feel the true Interconnectedness of the unbounded infinite whole that we all collectively are and that we are all collectively evolving as a Really great word for this is metamorphosis. It's such an important word metamorphosis and Johann Wolfgang von Goethe was a Crucial pillar and understanding metamorphosis a huge studier of it And that's basically what the evolution of consciousness is it is metamorphosis Okay, back to these trans personal states Thank you everyone for tuning in and for all these comments will definitely get to addressing what you've been asking so This idea of going beyond the personal Ultimately what we want to achieve is what is called non dual states of consciousness, right? These studies of the interior of consciousness of my own personal experience. What does it mean to be non dual? What does it mean for me to feel like I'm everything all the time? That's constantly evolving that there is no more this line of separation between myself and the exterior between the interior and the exterior Yet at the same time, it's also beautiful to acknowledge what the West has Brought forth which is this this Individuation of consciousness that you are the beautiful unique artistic expression that is in this collective symphony Okay, so we have we can carry both of these at the same time this beauty of this Unbounded infinite whole at the same time that we carry the beauty of me be and you and all of us individuation of Unique artistic expression of consciousness So we all contribute as a unique puzzle piece to the symphony that's unfolding So we have that symphony Analogy and all of the unique pieces of the symphony that is also all of our individual gifts Okay, so this these feelings whatever path you end up taking to be able to experience on the interior this non dual experience of reality and Merging that together with your unique individual expression There's several layers before non dual. There's things like nature mysticism like we were talking about with feeling the actual Photosynthesis that's happening or feeling the actual trees or the mountains but then there's deity mysticism and then there's formless mysticism and so these these are things called like the psychic being or the the the the subtle being the causal being and then the The non dual being but we go beyond even that we go beyond even that in evolutionary consciousness and transpersonal psychology an Evolutionary psychology we go beyond that because now what all of the great mystics of the last Thousands of years have never been able to intuit because they never had computers We now discovered our ability to create semiconductors and run these computations and as you can tell our obsession or channels called simulation that We are now at an unprecedented level of computational capacity and we're just about 70 years or so really into this this information age That all of these great sages and mystics of the past would have never been able to Intuit, which is simulation theory We had a question earlier about if we're all in a game so Now we have to synthesize not only ancient spiritualities of the past evolutionary psychology But we have to synthesize in artificial intelligence and simulation theory and you can tell that by having this These devices that are Incredibly Excellent at recording and then showing us what we've recorded we can now we're getting closer and closer to these indistinguishable Virtual worlds we're getting super super on the way from from punk to indistinguishable virtual worlds in half a lifetime Nuts and what that's doing is that it's creating this layer this visual layer that we look at and That we build and that we begin seeing. Oh, wow Okay, I think we get it now we get what we did we get what we are we're starting to get it more and more And if you think about it like That we as source Made this reality for us to evolve go through the process of metamorphosis and for us to evolve our consciousness and we embedded very specific things in This exploration for us to awaken and remember for example you take things like plant medicines And you realize that when you take plant medicines that you become all that is Okay, that's a hilarious feature that we embedded and so now we were being titrated a dose of remembering slowly over time as we evolve and awaken to the true nature of this reality and What these what these virtual worlds are showing us these indistinguishable virtual worlds is that we ourselves are approaching a singularity point and Again these ancient Spiritualities of the past didn't have simulation theory and computers to be able to virtual worlds to be able to tell these things Okay, so what does that mean then are we ourselves approaching a singularity point to create an Ouroboros a full circle where we ourselves Continue the cycle of the evolution of consciousness if we are truly source Exploring infinity there is much more infinity to explore and That there is more game for us to play And that we are in the process of figuring out how to embed even more complicated fun exploratory codes in these next iterations that we go through as They say turtles all the way down in respect to five MEO DMT we can say toads all the way up So in essence It is all the evolution of consciousness metaphysics the nature of reality points to metamorphosis If evolutionary psychology is understanding this transpersonal psychology is understanding this you synthesize the non-dual states of consciousness you synthesize that with Scientifically what we are discovering as children emerge from ego centric to ethnocentric and social centric to world centric to these transpersonal states of consciousness So this is the big synthesis you have to synthesize Simulation theory with those things and then you really start getting who we are Where we're going and what the true nature of this reality really is and you have to really embody you have to embody the feeling of non-duality which requires silence That's the key Leverage silence to quiet the monkey mind Rather than being a laborer in a thought factory become the witness Become the source become the sky rather than attaching yourself to the clouds of aversion and of craving Be the sky That non-dual sky that witness The more that we quiet our minds The more we tap into this evolutionary Process that's pulling that's pulling. It's coming down into us and pulling us up to our next evolutionary layers because man is a transitional being Ashri Arubindo Ken Wilbur and so many of the other greats have been figuring out and trying to communicate We are a transitionary being And so leverage that silence and you'll really beautifully see that silence be able to dissolve other people's negativity You can kind of tell sometimes there's like this adverse force that comes either at you or through other people at you And if you stay silent Equanimous Immobile cellular Ability when you stay that way You dissolve the negative vibration that's there. It's very beautiful So that silence will help you evolve your consciousness will help you get to the transpersonal states of consciousness But we really have to get to even the world-centric states of consciousness before we get to those transpersonal states of consciousness, so Ask yourselves that these big questions. Who are we? Why are we here? Where are we going and? how do we synthesize ancient spirituality non-dual wisdom with evolutionary psychology and modernity of studying consciousness and also of simulation theory and where we are going with that I Calling this for this big project. I'm calling this the metamorphosis theory of everything That's what it's being called and It'll be out in a couple of months in its full detail I'm trying to make this really like that digital Sistine Chapel where it's really beautifully disseminated via art and it's distilled via art and That it can last the test of time and people can really build on top of it find great value in it So it's taking me a while to put all these codes together But that's it That's it everyone. I love you very much. I really appreciate everybody that's tuning into this channel and that cares about literally this channel, right? this channel and That cares about the biggest questions. Thank you for caring about the biggest questions. Thank you for caring about Evolving our individual consciousnesses and this collective consciousness to the next levels, I love you very much. Thanks everyone and Happy episode number six six six. It's a very celebratory episode and on none other than the evolution of consciousness Peace


Hello, and welcome to this session in which we will discuss engagement wrap-up, which is part of completing the audit. Now we are toward the end. We have certain procedures. We have certain steps we have to undertake in order to close wrap-up the audit. So once the auditor completed the audit procedures regarding loss contingencies and subsequent event, now they are ready to conclude the audit. Now we are ready to conclude. At this stage, at this stage, this is the final opportunity for the team to do what? To assess the gathered evidence. Why? At this point, we learned so much about the company throughout the audit. Now we have a better picture of the company itself. Now we can form an opinion on the financial statements and decide what type of opinion we are going to issue. But few remaining tasks remain on hand that we have to complete, and those are the final analytical procedures, AP. Now you might be saying, hold on a second. I think we did the analytical procedures. Yes, we did the analytical procedures during the risk assessment at the beginning of the audit. We also conducted analytical procedures throughout the audit. That was an optional step. At the end, we have to do the final analytical procedures. We have to evaluate audit findings, and we're going to have a lot of findings. And as a result of evaluating the audit findings, we are going to reassess materiality because that could change. We are at the end of the audit. We know so much about the company. We might reassess the audit risk, which is inherent risk, control risk, fraud risk. We're going to have final evaluation of this. Also, we are going to evaluate the statements found during the audit. In this session, I'm going to focus on one, a little procedures, and two, and two, I'm only going to discuss reassessing materiality or reassessing audit risk. The third point, which is evaluating the statement found during the audit, would merit its own recording because it's important that you understand this topic, especially for the CPA exam inside out. Also, we're going to finalize the working paper. We're going to perform an engagement quality review, and we're going to complete the documentation for the audit. And I will have different session for these topics. Let's go ahead and get started with final analytical procedures. Before we proceed any further, I have a public announcement about my company, farhatlectures.com. Farhat Accounting Lectures is a supplemental educational tool that's going to help you with your CPA exam preparation, as well as your accounting courses. My CPA material is aligned with your CPA review course, such as Becker, Roger, Wiley, Gleam, Miles. My accounting courses are aligned with your accounting courses, broken down by chapter and topics. My resources consist of lectures, multiple choice questions, true-false questions, as well as exercises. Go ahead, start your free trial today. What are analytical procedures? Because analytical procedures, as I mentioned, they are used during risk assessment, which is at the beginning of the audit. During the audit, as a response, again, this is an optional step. And this is a required step toward the end. Analytical procedures are ratios analysis, connecting financial with non-financial data, looking at trend, looking at industry standard. Analytical procedures are cheap, but an effective and a very strong method in learning about red flags and learning about the company. So in the final stage, the procedures confirm whether the financial statements align with the auditor revised expectation. What happened here is this. Basically, we have quasi-definal numbers. Now we are running the analytical procedures again. And we already know we have certain expectation in mind. We're going to see, those are the expectation, those are the actual analytical procedures. Do they align or is there a discrepancy between them based on the evidence that we collected throughout the audit? For example, an auditor may expect a lower value for inventory after recommending and witnessing an adjustment to account for this account for absolute inventory. Well, if throughout the audit, we notice we needed to write down a lot of inventory, well, we accept inventory to have a lower percentage of sales or of current assets. Well, is this really true when we run the analytical procedures? Also, keep in mind, analytical procedures take into account industry trend. For example, if the revenue is declining in the computer manufacturing industry, well, we expect that revenue will decline if we are auditing a computer manufacturing company. So that also considered part of the analytical procedures. And any inconsistencies between what we expect as auditors in the final financial statement would require us to do what? Take a look at additional audit procedures to gather more evidence to reduce the risk of material misstatement at acceptable levels. Something is not right. I mean, believe me, guys, I know you might be, you know, if you're studying for the CPA exam, just believe me. And if you are a seasoned auditor, you know this, that if you audit the company for one to two years or more, looking at analytical procedures, it will tell you exactly what's going on within the company. If you understand the company, it's a very, as I mentioned, cheap or cost effective way to learn about any misstatement or red flags real quick. Now, the specific procedures that you would utilize, depending on the auditor's judgment, how much work you have to do, and also depend on the client. Then we have to do what? After we do the final analytical procedures, we have to evaluate the audit findings. And evaluating the audit findings would involve us to be involved in three different things. Orators engage in the following activities. One, we assess materiality that we made throughout the audit. And that materiality was said at the beginning was was changed maybe throughout the audit. And at the end, it could be assessed as well. We are going to reassess the audit risk, considering the finding throughout the audit, which include inherent risk, control risk, and fraud risk. And we are going to assess, evaluate the identified misstatements discovered during the audit. And this will be a separate session by itself. Starting with the assessing materiality, which is basically final evaluation of the materiality. Now, during the audit, conclusion, auditory assess the initially determined materiality level to ensure it's suitable based on the procedure outcome. Why? Because at the beginning, we set materiality at a certain number. Now, during the audit, we might have revised it. Why? Because we learned about the company. How? Well, we conducted analytical procedures. We did test of detail. Then we learned. We learned whether we were correct at the beginning or we need to increase or reduce materiality. We are aware of new information. This is what I'm trying to say. That could lead to a different materiality determination. Because at the beginning, we kind of not guessed it. We did our best judgment. Let's take a look at the revised materiality example, just to show you why would it be material. Why will be revised? During an audit of a manufacturing company, we set materiality initially at 100,000. And this is based on the company's financial statements, ratios, industry benchmark, our own judgment. However, during the course of the audit, what did we do? We discovered that this company is facing significant lawsuit related to a defective product that could potentially result in substantial financial losses. Is this new information? Yes, it is. So what do we have to do upon learning this new information? Well, we're going to realize that there's a larger, could be a larger impact on the financial statement. So what do we do? We revise materiality. We revise materiality to 50,000. Why? To appropriately reflect the consequences of this lawsuit that we were not aware of. This is an example. You could have all sorts of new information that you learn about. Then you're going to adjust your audit procedures accordingly. You might increase your examination of anything lawsuit related, legal expenses, any related disclosure to ensure the financial statements provide fair and accurate representation of the company's financial position. So by lowering materiality here, you were able to focus more on specific areas. Remember, when you lower materiality, you have to do more work. You can no longer tolerate mistakes. And we learned about materiality in a different session, but lowering means you have to do more work, more audit procedures to address the potential risk and ensure financial statements are reliable. So revising materiality is the first step in audit findings. The second step is evaluating inherent risk, control risk and fraud risk. Same concept in the audit planning stage, you evaluate it inherent risk, control risk, component, control risk fraud, audit fraud, everything at the beginning. But that's based on what you knew about the company, what you learned, especially if you're a new auditor. So this was the initial assessment, considering whatever factor were available at that point. Now, you're going to have an ongoing evaluation. Why? Because as you work, as you do test of control, as you test the detail balances, you are going to learn more about the company. You are going to reassess inherent risk, control risk and fraud risk at the entity level, as well as transaction level. You're going to review control risk assessment at the entity level for significant changes in internal control. You know now more about the company than what you started with. And control risk reassessment is done after test of control. That's why you do test of control. And at the end, you have the big picture you would reassess. For example, during the audit of a manufacturing company, the auditor performs substantive procedures to test the accuracy of inventory balances. Well, they selected 50 inventory items for physical count and compare the recorded quantities in the accounting system or the actual count. Just basically count them. Let's take a look at what's recorded for those 50. Upon comparing the results, what did we find out? We find out significant discrepancies in the recorded quantities for approximately 30% of the sampled item. So 15 items were incorrectly recorded. Is this a serious problem? I would say it is. These discrepancies indicate potential overstatement in the inventory balance. Well, this is new information. This outcome surprises the auditor. Why? Because they had assessed the control environment for inventory as strong and performed test of control that indicated effective inventory management. So we thought initially internal control is good. We tested the internal control. We thought it's working properly. We relied on it. When we got to the substantive procedures, we selected 50 items. 15 of them were misstated. What do we have to do? We have to reassess. We have to reassess our initial assessment of the control risk. The first thing we do is we try to explain the possibilities explanation.  You did not do a good job assessing the control risk. Or maybe the sample you selected was not representative. Or maybe internal tests performed were incorrect right from the beginning. We did not perform the test properly. Or maybe there was a change in the system or change in people operating the system. It could be any of these reasons, a combination of them. But we need to investigate further until we get to the right answer. The right answer means why, why, what went wrong. The auditor will decide to gather additional evidence by performing more detailed test of control related to inventory. We're going to go back and test those controls. We might review internal control procedures. Do they really have proper segregation of duties? Are they really reconciling the account with the accounting system? Do they have good physical access control to inventory? And we do all of this to do what? To identify deficiencies or breakdown in the internal control. What do we do next? Well, if the auditor find any significant control deficiencies such as, you know, lousy segregation of duties or weaker conciliation process, they'll have to conclude that the control risk for inventory is higher than what we initially thought. We're talking about Tahir about control deficiencies, which increase the risk of material misstatement. Remember, we have control deficiencies, or we might have many control deficiencies that could result to significant deficiencies or material weakness, or we could have, right, right, right from the get go a significant deficiency or a material weakness, which is a more serious problem. What are the significant deficiencies or material weakness? They indicate that the control in place may not effectively prevent or detect error or fraud in a timely fashion. We have serious problem here. In response, what do we have to do? Well, we have to do more work. Expand our substantive testing by selecting a larger sample for the physical count or whatever count we are doing, whatever procedures we are performing, inventory or something else. We might have to do more analytical procedures or perform substantive tests of detail to find out if there's any potential material misstatement in the inventory balance. Here we are blaming what? We are blaming internal control, basically, trying to find out what's the problem with the control. But what if something is fraud related? Now it takes us totally to a different level because now we look at the audit finding there's something wrong and it's a fraud related. If fraud is detected in an account or class of transaction, the materiality here is not an issue. We forget about materiality because fraud is rarely, is rarely isolated to one area. So once a fraud happened in one area, it most likely exists in some other area on the company. Discovery of fraud triggers the auditor to reassess the risk, materiality and how much work to do in terms of other procedures. Now, totally different ballgame. You put a different hat on. Previous assessment of management and employee integrity now are questioned and reviewed, especially if senior management is involved. And we're going to see why senior management is more risky when they are involved. Evaluation of the employee's scope of responsibilities is conducted. Are these people on the top involved in this? Why? Because if people on the top are involved, they might have many areas under their control. It means they have more room to commit fraud. For instance, if a divisional controller is responsible for prematurely recognizing revenue, well, that's a problem that we identify. But there's a good chance of their prematurely recognizing revenue and they are on the top and they're committing fraud in one area while they have the option, the opportunity to commit fraud in other areas. They might be also inclined to partake in other inappropriate practices to manipulate earnings such as capitalizing expenses that should be expensed. What we're talking about here? Well, we're talking about serious material misstatement here. Why? Because people who are committing the fraud are on the top. It doesn't mean if they're on the bottom, it's not, it's not, it's, it's, it's good. But on the bottom, they may not have as much opportunity as someone who's on the top or she's on the top. So the deduction of any fraud necessitates careful reassessment and investigation to address risk and potential impact on financial statement. So here the auditor will have to do more work to support their conclusion when there is fraud. So what to do when the fraud exists? What is the auditor's responsibility? Well, you have to report the fraud. To who? To management at a level above where the fraud occurred. So if it occurred, if it, if it's level three, you go one step above, you report it to level four. Okay. I'm sorry if, if, if, depending on what the level is, if four, three, two, one. So if this is the lowest level and it happened here, you report it to here. If it happens here, you report it to here. So the higher the number, the higher the level, the one level above. So what happened if senior management is involved in the fraud, then you would go to the people in charge of the company, the audit committee, board of directors, people who are in charge. Well, what if these people are involved? Well, you should have been involved in this audit in the first place, right? If you did your due diligence, then we'll see what you do. You might have to just let go and withdraw. But what's the responsibility of the people who are in charge, in charge? The audit committee, the board of directors, what do they have to do? They have to take appropriate action to address the reported fraud, investigate, do internal investigation. You know, you might have to include law enforcement agencies, depending on what type of fraud we are dealing with here.  Okay. Simply put, they have to take timely action to address the fraud. If no action is taken, well, then you should also withdraw, because if there is no action is taken, it means they're okay. They are tolerating the fraud. And as an auditor, you should not be associated with those people, management, or people in charge of governance. Now, what if the fraud is pervasive? It's large. It's all over the place. Well, the first thing I will consider is consider withdrawing. Okay. So if the auditor encounter pervasive fraud, or significant reputation impact that could hinder the completion of the audit procedures, I will withdraw from the engagement. I will seriously think about withdrawing. Okay. Obviously, you'll have to do some consultation internally, externally, with your legal team, with your legal console, with the audit firm, seek some legal advice to decide what to do. I will also ensure a thorough evaluation of the circumstances and the potential consequences. So what am I looking at here? Small fraud, medium fraud, is the government involved, regulatory agencies? I'll have to look at everything in the possible consequences. Also, you're going to inform the management. Of course, that's an assumed. If the auditor decided to withdraw, they will communicate their decision to the appropriate level of management, or those charged with governance, usually the audit committee. You have to let them know why you are withdrawing, detailed reasons for the withdrawal. Now, what do they have to do? Well, they have to report this. If a publicly traded company management is required to report the change of auditors and the reasons for the change to the SEC using for 8K. Now, they may not tell them it's a fraud. They may tell them it's a disagreement of some sort, but they have to report the reason. Okay. The reporting obligation ensure disclosure, transparency to regulatory authorities, and especially to shareholders, the owner of the company. So what we did in this recording is we looked at what tasks we need to complete at the end of the audit, which is the final analytical procedures, and you have to evaluate the audit findings. And specifically, as a result of this, you might have to reassess materiality. You have to reassess the audit risk, which is inherent risk control risk, basically determine whether the internal control is working properly. And you have to evaluate the misstatement found, misstatements found during the audit. And for the misstatements found during the audit, I will have a separate recording for this, because it does merit, in my opinion, a separate recording because it is important. What should you do now?  Good luck, study hard and invest in yourself.


Hi. My name is Kelly. We come from Hope Power, Shenzhen. This is our transparent power bank. You can see all the massive here, a coin. This is PCBA inside. All this is transparent. How much MAH inside? This is 10,000 MAH. And the price is good? Yeah, the price is about 11. For how many MOQ? MOQ is 500 piece. And then you have a little stand behind. Yeah, this is a holder. And then when you put the phone, it will not fall. It will just magnetic. Cool. And there is charge. Nice. And do you have many other products? What is this kind of thing? This is a manual power bank. What is the big thing here? Just to help people? You can see, this has four USB ports. You can charge your safe out here. Ah, this is maybe good for a restaurant? Yes. You can put the menu there? Yes. And this is acrylic. Transparent acrylic. You can insert your manual inside. Cool. Do you have many customers do this? Yes. We have many customers to do this. Only in China? No. Who are the world? Who are the world? All over the world. What is the biggest market for you? The biggest market is in Europe. In Europe, yeah? Yes. So what other product do you want to show? I want to show you this one. This is our menu furniture charger. This is meant for office desk. What is it doing? You can make a hole at the office. Is it a microphone? Yeah. No. What is it? All desk. Ah, just for USB? Yeah. This is meant for furniture. Then you embrace it in the furniture. This connect with the power USB adapter. Then this you can charge your cell phone at a desk. So you will be the extension? Yeah. Or wireless. Wireless also included? Yeah. Wireless also with USB. This is two functions. What kind of price we talk? This is for five words. The price is 3.5. 3.5. And this kind of thing? This is for ten son MAH. The price is 11. You have more MAH also can do? Yeah. This also can be with 30 MAH and 6,000 MAH. Nice. Yeah. This one we also have a updated version. This one with type C and USB. This is 50 watt. Cool. You can see 50 watt. That's a lot of power. Yes. All right. And then you have a huge power bank. Yeah. We have a 50,000. 50,000. This is very big. All right. Just like a power station. Cool. And then you click the button. You can see how much power is left. Zero. Yes. You need to charge. This is PD. All right. Fast charging. How much is the price for this? This one price is... 50.5. Yes. For 50,000 MAH. Can you hold this? 50,000 MAH. All right. Cool.  Our factory has about 100 workers. And you want to introduce your friends? Colleagues. 1,000 workers, you say? 100. 100? Yes. Our square is about 5,000. And how many power banks do you sell every month? I think at least 200,000. Cool. To all over the world.