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Conduct an Initial Risk Assessment for walmart company. Identify at least 3 factors each for IR ( Inherent risk), CR( control risk) , and Audit R and assess the risk of each (Low , MidLow, M, MH, H, etc.). Set the Materiality for the company. Describe each input to your calculation. there will be actual calculation( use yahoo web for income statement for lowes) explain and show your work .

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Conduct an Initial Risk Assessment for walmart company. Identify at least 3 factors each for IR ( Inherent risk), CR( control risk) , and Audit R and assess the risk of each (Low , MidLow, M, MH, H, etc.). Set the Materiality for the company. Describe each input to your calculation. there will be actual calculation( use yahoo web for income statement for lowes) explain and show your work

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