What should I expect leading / participating in my first walkthrough? Any tips or advice?

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Wear comfortable shoes

likefunny

Copy & Paste carefully

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Take notes and learn as much as you can

likesmart

Expect to be done then in a month or so. At that point, they will sit in your Sr Managers review workflow until the night before filing. This is when they will review them, and they will leave you 500 comments

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Can confirm - just had a request to review the walkthroughs for our file as the report is about to go out.

"I know you’ve done it a couple times, but can you do it again?”

And I only did the walkthroughs for one of the areas!

In the same boat. I’m just planning on going through P/Y walkthrough to gain an understanding. Everything should be very similar unless a change was made to what you’re walking through, in which case you document the change. Then go get a beer after work because we did our first walkthrough. Woop.

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You're not going to know everything no matter how much reading of the prior year workpapers you do. Just take it one day at a time, ask questions of your seniors/managers, take notes on Google drive so the other members who participate in them can also add to the notes where you may not take them down fast enough.... All in all, just remember that everyone hates walkthroughs (yes, especially the client members) and that you'll learn something.

like

Read the PY process/walkthrough to prepare. Also when doing the walkthrough make sure the same people are performing the processes noted.

Try not to be too formal. Instead try to have a genuine conversation about each business processes Clients don’t appreciate the cold, uptight, know it all auditor anymore

This is definitely true, you may have to engage in a fair amount of small talk - as long as you don’t have a particular deadline, don’t sweat it. Gets them on your side and they don’t hate you as much! Plus it isn’t always that bad

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