INSTRUCTIONS: Using the publicly traded company, COCA-COLA CO., assess audit and business risks and document your understanding with the client relative to the engagement. Then complete the following. Company COCA-COLA Co. 1. Perform preliminary analytical procedures using common financial ratios and other data analytical tools. 2. Set preliminary judgement of materiality for financial statements as a whole and determine performance materiality. 3. Perform a risk assessment to document the relationship of risks and materiality to audit evidence.