Using Voice Over PowerPoint Or YouTube Present And Discuss

Using Voice Over Powerpoint Or Youtube Present And Discuss The Type O

Using voice-over PowerPoint or YouTube, present and discuss the type of organization you selected in Week 1, the chart of accounts you plan to use in your company, and the internal controls you would set up for your company. Writing and interpreting results is a large part of your learning experience. These assignments are designed to improve your use of technology and communication skills. You will now be sharing your ideas with your classmates. Create a PowerPoint presentation discussing the key elements of the writing project. You may use the voice-over feature in PowerPoint or YouTube to present your PowerPoint. You will upload a copy of your PowerPoint or the YouTube link to this discussion board AND comment to at least 1 other student on his/her presentation that you watched. Please be sure the audio is clear and the file or link is accessible in the Week 4 Presentation discussion board ONLY POWERPOINT! NO VOICE WITH A SHEET IN WHAT TO SAY WHEN IM DOING VOICE OVER

Paper For Above instruction

Introduction

Effective communication and technological proficiency are vital skills in contemporary business environments. The use of multimedia tools such as PowerPoint and YouTube for presentations has become an essential means of sharing ideas, strategies, and plans in academic and professional settings. This paper discusses the key elements involved in preparing a voice-over presentation focusing on a specific organizational type, including an outline of the organization, its chart of accounts, and internal controls. The aim is to demonstrate a comprehensive understanding of these financial management components and how to effectively communicate them through multimedia platforms.

Selection of Organization and Its Characteristics

The first step in the presentation involves selecting an organization type. For this project, a small manufacturing company has been chosen due to its straightforward operational structure and clear financial processes. This type of organization often involves production departments, sales, and administrative functions. Understanding its structure is crucial for developing an appropriate chart of accounts and effective internal controls. Small manufacturing firms typically focus on inventory management, cost control, and compliance with industry regulations, which must be reflected in their organizational planning and financial systems.

Chart of Accounts for the Organization

The chart of accounts (COA) is foundational to any accounting system, serving as a structured list of all accounts used by the organization to record transactions. For the selected manufacturing company, the COA includes asset accounts such as cash, accounts receivable, inventory, and equipment; liability accounts including accounts payable, loans payable, and accrued expenses; equity accounts such as common stock and retained earnings; revenue accounts like sales revenue; and expense accounts including cost of goods sold, payroll expenses, utilities, and depreciation. The design of this COA aims to facilitate accurate financial reporting and ease of transaction recording. Utilizing a standardized format helps streamline reporting processes, ensure compliance with accounting standards, and enable efficient financial analysis.

Internal Controls for Financial Management

Implementing internal controls is essential to safeguard assets, ensure reliability of financial reporting, and promote operational efficiency. For the manufacturing company, internal controls include segregation of duties, such as separating accounting responsibilities from cash handling; implementing authorization protocols for expenses and procurement; maintaining accurate inventory records through periodic counts; and ensuring proper approval processes for financial transactions. Additionally, utilizing technology such as accounting software with audit trails enhances oversight and reduces risk of fraud or errors. Regular internal audits and staff training are also critical components of a robust internal control system. These measures collectively promote transparency, accountability, and compliance with financial regulations.

Communication and Presentation Strategy

The presentation will be created using PowerPoint, incorporating visuals such as charts, process diagrams, and key points to enhance understanding. The voice-over feature will be used to explain each slide, emphasizing the rationale behind the organizational choices, the structure of the chart of accounts, and the internal control mechanisms. Clear, concise narration will ensure that the audience grasps the significance of each element without the need for accompanying spoken text on slides. Recording high-quality audio and testing accessibility prior to submission are critical steps to ensure an effective presentation.

Reflection on Learning and Technology Use

This assignment emphasizes the integration of technology and communication skills in conveying complex financial concepts. Developing the presentation enhances proficiency in multimedia tools, enhances clarity of explanation, and fosters confidence in digital communication. Additionally, reviewing peer presentations promotes critical thinking and provides insights into alternative approaches to similar organizational challenges. This learning process aligns with professional needs for effective presentation skills in managerial roles, emphasizing succinct explanations, visual aids, and technological competence.

Conclusion

Creating a multimedia presentation that discusses an organization’s structure, chart of accounts, and internal controls demonstrates both financial knowledge and technological aptitude. By carefully preparing each component and delivering it through voice-over narration, the presentation effectively educates the audience about essential financial management practices. This exercise not only solidifies understanding of key accounting principles but also builds skills necessary for professional communication and digital literacy in contemporary business practice.

References

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  2. Brigham, E. F., & Ehrhardt, M. C. (2016). Financial Management: Theory & Practice. Cengage Learning.
  3. Horngren, C. T., Sundem, G. L., & Elliott, J. A. (2013). Introduction to Financial Accounting. Pearson.
  4. Schrand, C. M., & Plenborg, T. (2016). Internal Control and Financial Reporting. Journal of Accounting Literature, 36, 97-124.
  5. Rittenberg, L., Johnstone, K., & Gramling, A. (2015). Auditing: A Risk-Based Approach. Cengage Learning.
  6. Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2018). Financial Accounting. Wiley.
  7. Cosgrove, C. (2016). Understanding Internal Controls: A Guide for Small Businesses. Journal of Business & Finance Librarianship, 21(2), 80-92.
  8. Kaplan, R. S., & Norton, D. P. (2001). The Strategy-Focused Organization: How Balanced Scorecard Can Be Used to Achieve Performance Goals. Harvard Business Press.
  9. Moores, T. (2011). Effective Internal Controls for Small and Medium Enterprises. Small Business Economics Journal, 37(3), 415-430.
  10. Shang, K. (2019). The Role of Technology in Enhancing Internal Controls. Journal of Accounting and Technology, 3(2), 45-59.

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