Walkthroughs A-Z

At the root of planning and risk assessment procedures in an audit is obtaining an understanding of the entity. And what is one of the best ways to do this? By performing a walkthrough! When planned and performed appropriately, walkthroughs provide auditors with valuable insight, which helps in assessing audit risk and designing efficient and effective audit responses. This walkthroughs CPE course provides you with the knowledge you need to perform and document an effective walkthrough. It covers guidance issued by the PCAOB, AICPA (U.S. GAAS), and ISAs, so it is a comprehensive course no matter what your auditing standards are!

This walkthroughs CPE-eligible (1.0 CPE), eLearning course will define a walkthrough, discuss how to prepare a walkthrough, and cover the various items and documentation requirements to consider when performing a walkthrough, as covered by the guidance in SAS 145 (AU-C 315), AS 2110, and ISA 315.

Topics covered include:

• Why walkthroughs?
• Preparing for a walkthrough
• Performing a walkthrough
• Documenting a walkthrough

If you are an auditor who audits financial statements in accordance with Public Company Accounting Oversight Board (PCAOB) auditing standards, U.S. generally accepted auditing standards (U.S. GAAS), or International Standards of Auditing (ISAs), this walkthroughs CPE course is an essential component of learning how to effectively perform a walkthrough. It is easy to understand and full of practical examples. And, with GAAP Dynamics, you know it'll be fun too!

Interested in discounts for your team? Contact us to learn more.

 By the end of this course, you should be able to: 

• Identify the various requirements and considerations for preparing and performing a walkthrough, including information to be documented