Accounting Information System

Task 3 (4 of 25 marks for this assessment item) Identify five present controls and five missing controls. List them in the table provided and annotate on the flowchart you have created in Task 2. Task 4 (4 of 25 marks for this assessment item) Develop the control risk matrix, listing the five present and five recommended controls for addressing missing controls in the annotated flowchart you have done for Task 3. Task 5 (3 of 25 marks for this assessment item) Suggest what are the critical improvements needed based on your answers in Task 4. In addition, discuss what approach is better for HGG if it wants to achieve the suggested improvement (Total Quality Management or Business Process Reengineering)? Task 6 (3 of 25 marks for this assessment item) Based on your answers in Task 1 to 5, determine whether HHG needs to adopt an ERP or not. Explain why.