INFORMATION TECHNOLOGY

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20 Νοε 2013 (πριν από 3 χρόνια και 7 μήνες)

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Information Technology

CA Intermediate (IPC) Course Paper 7

Agenda

1


Need for Information Technology

2


Course Coverage


An Overview

3


Strategy
to Qualify IT Paper

4


General
Tips

Technology Impact Examples

Income
Tax Returns e
-
filed in India

More e
-
filings

Excise and Service Tax Returns are also being
e
-
filed.

Many state governments have mandated e
-
filing of VAT returns.

Government is moving towards e
-
governance.

Other
Areas

Every imaginable aspect of LIFE has
information technology built into it.

Imagine your life without FACEBOOK
/ GOOGLE / EMAIL.

Student’s questions

1


Why the subject in CA course?

2


What to Study?

3


How to Study?

4


How to answer question in exam?

5


How to get
good marks in exam?

Purpose of this W
ebcast

1


Understand
Subject

2


Answer
General Issues

3


Strategy
to Qualify & Excel

Why This Subject?

Computers are inherent part of life today. Virtually, in every walk of
life, a person is expected to able to use computers.

The impact of Information technology in several aspects of
accounting profession has been pronounced over the last two
decades in India.

The accountant who does not understand computer based
accounting system is likely to
Left high & Dry

in the
Profession
.

A working Knowledge of contemporary Information Technology is a
basic Bread & Butter Requirement of Chartered Accountants Today.

Hence, The Study of this Subject will be Very Helpful in Current
Dynamic Business Scenario.

The first question
….
Why
?

Most pertinent
question

We all must have
answered the Q’s
when we decided
to do CA.

What to
Study
?

A quick run through
the syllabus.

How to study?

The best way is to look
around yourself and see
whether the subject you
are reading exists in
real life situation.

If you view the above
your natural interest in
subject shall go
-
up, and
its shall definitely get
you better marks.

Course Contents

Course Contents

1


Introduction
to Computers.

2


Data Storage, Retrieval and Data Base Management
System.

3


Computer Networks & Network Security.

4


Internet & Other Technologies.

5


Introduction
to Flowcharting.

6


Decision Table.

How to
study Chapter
1: Software

Imagine you use
all software's
described in
chapter daily.

As you start your
system / computer
you start using the
software’s listed in
the chapter.

How to
study Chapter
2:
DB

Your
registration
number is a
data in large
database of
CA students.

Adding three
alphabets tells
you are
registered
from which
region.

We are all
DATA in this
universe of
humans.

How to
study Chapter
3

ATM are
best
example for
this chapter.

Banks are
creating
ATM’s by
using VSAT
dishes.

All that
exists
around us is
NETWORK.

How to
study Chapter
4:

I feel you cannot
be informed
anything on this
chapter.

You are all born in
Internet Revolution
and you know
technology much
better.

How to
study Chapter
5:

This chapter
requires a
understanding of
how system
works.

But that issue is
simple, flowcharts
are logical
conclusion to
solve a problems.

They are pure
mathematics.

How to
study Chapter
6:

If you can make a table where all
possible ways a student can appear
in CA IPCC exams, you are done
with the idea of DECISION TABLE.

Chapter 1: Introduction to
Computers.


Meaning of Software.

Classification of Software.

Types of Operating System and their
Features.

Various types of software available in the
market for Scientific & Business Purposes.

Chapter 3: Computer Networks &
Network Security

The Concepts of Computer Networks.

Classification of computer Networks & its Topologies.

Communication Software & network Hardware.

Transmission Protocols


OSI and TCP/IP.

Client Server Architecture and Tier System.

Data Center & Disaster Recovery Sites.

Network Security, Threats & Vulnerabilities.

Chapter 2: Data Storage, Retrieval
and Data Base Management System

Number System & File Organization.

Concept of Database Management System,
Types & Components of Databases.

Difference Between various Structures of
Database Systems.

Data Warehousing and Data Mining in
Business Application.

Chapter:4 Internet & Other
Technologies

The concepts of Internet and its components.

The use of Internet & Extranet in an Organization.

Working & Benefits of E
-

Commerce.

Types of E
-

Commerce

Various Aspects of CRM & SCM.

Working Procedure and Advantages of EDI.

6. Types of Electronic Payments.

7. Various Risks & Security Consideration Like

Firewall, Encryption, Massage Authentication
and

Site Blocking.

8. Brief Description of M
-

Commerce, Bluetooth &
Wi
-

Fi
.


Chapter 5: Introduction to
Flowcharting

Various Steps involved in Programming
Process

The concept of Algorithm

To Analyze a given problem and represent its
solution with the help of Flowchart/ Algorithm.

Many Practical Problems and their Solutions
Depicting Flowcharts.

Chapter 6: Decision Tables

The concept of Decision Table.

Various Types of Decision Tables.

Many Practical Problems & their
Corresponding Decision Tables.

What to study
?

A chart to illustrate the questions asked in exams in
previous attempts.

Questions in Exam: Average marks
from last five exams

Chapter

Marks

Chapter 1

5.30

Chapter 2

12.70

Chapter 3

13.15

Chapter 4

9.10

Chapter 5

8.90

Chapter 6

0.85

What to study…

Based on above
data it is amply clear
that few chapters
have greater weight
-
age in exams.

The above have
been adjusted for
additions / deletions
in syllabus.

How to Study
? A
General
Discussion

Before proceeding
we shall define the
type of questions
asked in exam:

Classification of
questions: Through
a chart

Classification of
Questions

Nature

Description

Marks in exam

Short Answer

Answer in two
-
five lines.

1
-
2

Long answer

Answer may run up to 8
-
10 lines.

4
-
6

Differences

Four


Five differences.

4

Flowchart

No description needed.

8
-
10

Practical Cases

Answer may run up to 8
-
10 lines.

4
-

6

Classification of questions

Above classification
is a broad
approximation of
pattern of questions
asked in exam.

Each type of
question may need
a different approach,
but still few rules are
common

Common rules for answering


Rule 1: To any question,
asked start by defining the
technical term used in
question. The definition may
not be the asked question.


Illustration follows

Common rules for answering: Rule 1

Q in exam: “Explain in
brief technical
functionality of Customer
Relationship
Management”:

Answer: Before writing
technical functionality,
please define the word
Customer Relationship
Management


Common rules for answering: Rule 1

Benefit from the Rule

It is a good way to start
an answer and it also
triggers the right
thoughts for continuing
forward. It also settles
one critical issue,
how
to start an answer.

Common
Rules:
Rule 2
:

Answer in bullets
or point
-
wise.

The rule is better
applied to
long
answer /
difference Q’s.

Common
Rules :
Rule 2

Benefit
from
above:

Each point
gets you
marks.

Your
answer
appears
more
structured.

Chance of
missing a
point is
reduced.

Common Rules: Rule 3
:

Always answer your
best question first.

Many great
management guru’s
have emphasized

always put your
best foot forward”

Common
Rules:
Rule 3

This rule is toughest
to implement, but
makes a lot of
difference.

Above means the
following steps
need to be
followed:

Read question
paper thoroughly.

Prepare your
inventory of
questions.

List them from Best
to Worst.

Remember Q.1
need not be
Answer 1

Common Rules: Rule
4

Answer in crisp
and concise
language.

Use short
sentences.

Success Strategy

Failing to Plan is Planning to Fail

Main Focus Areas

Data Storage, Retrieval and Data Base Management System.

Computer Networks & Network Security.

Internet & Other Technologies.

Introduction to Flowcharting.

Practical Problems of Flowcharting & Decision Tables

Flowcharting & Decision Tables


Flowcharting

Logic


Decision
Tables

Logic


All
Eventualities

General Tips

Know Your Syllabus

Carefully Review
Syllabus

Understand
linkages between
chapters at
Macro Level

Plan Your Study

Make a study
plan covering
entire syllabus

Decide Time
Allocation/
Week

Periodical Review of Preparation

Always assess
your preparation
periodically, say
on Fortnightly/
Monthly basis.

Revise your plan
and allocate more
time for the
Subjects in which
you feel Deficient.

Study Strategy

Read Each chapter
slowly to ensure that
you understand and
assimilate the main
concept.

Recapitulate the
main concept of
each chapter by way
of brief notes.

General Tips

One should Definitely go through the Practice Manual
this will help in understanding the language to be used
and the content required to answer in the examination.

Always Try to attempt past year examination question
papers under examination conditions.

Repeatedly read through the text along with your notes
carefully.

Try to remember the definitions and important aspects
of the related topics.

How to Answer in Exams?

Plan your time so that equal time is awarded for each mark. Keep
Sometime for revision as well.

Always attempt to do all questions. Remember that Six average
answers fetch more marks than five best answers. Therefore, it is
important that you must finish each question within allocated time.

In case question is not clear, you may state your assumptions and
then answer the question.

While writing the essay type questions, try to make sub
-
headings so
that it catches examiner’s eye. In case of case study, be very precise
and write your conclusion in a clear manner.

Thank You…

Wishing you all the very best !