Question: Listen ACC 315 Project Two Guidelines and Rubric Competency In this project, you will demonstrate your mastery of the following competency: Analyze how controls in

Listen ACC 315 Project Two Guidelines and Rubric Competency In this project, you will demonstrate your mastery of the following competency: Analyze how controls in an organization's accounting information system mitigate risk Overview k For this project, you will focus on identifying and mitigating risks associated with an accounting information system (AIS). Using your knowledge of financial statements, you will review select financial statement accounts (general ledger accounts) of an organization that were processed through an AIS and identify any inconsistencies or anomalies among the financial accounts and subsidiary journals that could be an opportunity for risk. In your role as a professional accountant, you will experience internal and external controls within accounting information systems that will help mitigate risk. Scenario You are a business analyst at a small direct-to-consumer organization and have been tasked with verifying the integrity of the accounts payable process. You will compare select general ledger data with other journals to prove the ledger, identify areas of risk, and determine whether appropriate internal and external controls are present. You will need to draft a memo to the chief financial officer (CFO) to ommunicate soy findings N W 77F Partly cloudy AS

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