Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. choose a company that interests you and access the

Choose a company that interests you and access their most current financial statements, MD&A and...

70.2K

Verified Solution

Question

Accounting

Choose a company that interests you and access their most current financial statements, MD&A and SEC filings. Using this information and any additional information you can gather about the industry, economy, and regulatory environment the company operates in complete a Risk Assessment for the company's audit.

You should have multiple risks in each area. Risk areas may include competition, economic, industry, regulatory, environment, etc.

At a minimum, your risk assessments should include the following:

Risk description

Estimated impact (low med high) based on materiality

Estimated likelihood (low med high)

Use an Excel table to present your risk assessment. This workbook will then become your audit working papers.

The Company I chose to do was Walmart

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students