Charles Hall's "The Why and How of Auditing" (2019) serves as a practical guide to conducting financial statement audits. The book is structured to cover the entire audit process, beginning with planning and risk assessment, then moving through performing audit procedures for various account balances like cash, receivables, inventory (implied), property, payables, payroll, debt, and equity. Finally, it addresses the crucial stage of wrapping up audits. Written from the author's extensive experience in US generally accepted auditing standards, the text aims to make auditing understandable and provides concise guidance, emphasizing the importance of risk assessment in tailoring audit procedures for efficiency and effectiveness.