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 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. 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 course is an essential component of learning how to effectively perform a walkthrough.