ACCT 90030 Information Processes & Control Group Assignment

Q2. A presentation, presented with visual aids to guide the audience and including a brief introduction/summary to your project. The presentation must not exceed 10 minutes and should include the following sections:

2a. An assessment of the strengths and weaknesses of AOD’s process. This section will assess the extent to which AOD’s process achieves the primary goal and the information reliability goals (i.e., validity, accuracy, and completeness). The assessment should also include an evaluation of the effect of AOD’s processes on their financial statements. Explanations should support the assessment.

2b. Recommendations on how AOD’s process could be redesigned to better achieve the primary goals and improve information reliability. Specifically, this section will:
i. Briefly describe your recommended changes;
ii. Explain exactly how your recommended changes will alter the operation of the process and consequently help achieve the operational and information reliability goals (particularly regarding information provided in financial statements);
iii. Discuss the strengths of your recommended process over AOD’s proposed process;
iv. Discuss any possible weaknesses in your recommended process.