Who Audits Walmart?
Who audits Walmart?
Walmart is one of the largest companies in the world. They are number 1 on the Fortune 500.
Since Walmart is a retailer, they don’t have too man complex financial issues. This is why their audit fee is not that big compared to their revenues and market cap.
Ernst and Young is walmart’s auditor.
Walmart paid EY $28.1 million in 2019 and $24.4million in 2018.
The Walmart audit fee breaks down as follows:
2019 audit fees
26.5 million – Audit Fees
855 thousand – Audit related fees
753 thousand – Tax Fees
2018 fees
22.379 million – Audit Fees
1.094 million – Audit related fees
965 thousand – Tax Fees
| Fee Description | 2019 | 2018 |
|---|---|---|
| Audit Fees | $26.5 million | $22.4 million |
| Audit Related Fees | $855,000 | $1.1 million |
| Tax Fees | $753,00 | $965,000 |
| Total | $28.1 million | $24.4 million |