The company for this is : Lockheed Martin Corporation

General Audit Concerns

The requisite background you and your team will need to adequately audit this company. Time it will take to adequately audit this client.

General Business Concerns Has the company you're auditing recently increased or decreased their operations due to mergers or sales of parts of the business? Are they a conglomerate with lots of disparate kinds of goods and services, or are they a simple straight-forward type of business operating in a relatively small location? Are operating supplies (such as jet fuel or specialty plastics) in short supply or subject to wild pricing swings on the open market? What about overseas operations - are they operating in dangerous parts of the world? How robust or intense is the competition in this particular industry? Has their top management recently been replaced and if so, why? Is seasonality a factor for this company? How does that affect revenue and other operations?