IT skills Important for CA


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Sandesh Mundra

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  • Timecode: 5/20. Computer access is assumed by grantmakers, by donors and by other voluntary sector organizations who want to partner with like-minded organizations. Imagine the difficulty of writing a grant proposal without a computer… the challenges of having no way to track the contact information of donors or members … or not being able to send and receive information electronically to partners working together on an education campaign. Everyone – grantmakers, donors, partners – we all expect to be able to contact VSOs not only by phone or fax but electronically as well. Yet 60% of small Canadian voluntary sector organizations face great obstacles to meeting these demands because they simply don’t have the hardware, the software, the connectedness or the training to use what is today considered basic technology. IMPACS surveyed Canadian grantmakers in April and May this year, to determine trends in technology grantmaking. 13 of 37 respondents do not provide grants for technology of any kind, which means that 2/3 of grantmakers who responded DO support the technology needs of Canadian voluntary sector organizations. Of those grantmakers who support technology requests, here are the top reasons why they believe the investment is important: 76% believe technology can help grantees deliver their services – this is strategic use of technology; 62% believe technology can help an organization meet its mission – this, too, is strategic use. (notes continue on next page)
  • IT skills Important for CA

    1. 1. If you have gone through the THE TIMES OF INDIA Today <ul><li>You would know:- </li></ul><ul><li>Almost entire dubbing of the movie “Race” was erased when a hard disk crashed at Sound city. So our heroes Anil & Saif had to redo the complete sound recording again. </li></ul><ul><li>US Defence department has said it is forbidding Google from filming and depicting in details its Military bases. </li></ul><ul><li>Govt to upgrade hospitals to Meet Medical Council of India norms by developing softwares which would enable better access to books on medicines and better connectivity with other universities across the globe. </li></ul><ul><li>Ahmedabad Times – “Thinking of what to gift that special women in your life on International Women’s day? Forget Diamonds, give her a high-tech Gadget instead </li></ul><ul><li>This is just what I could read from scrolling through the paper --------------- But the focus of media definitely seems to be technology driven </li></ul>THE TIMES OF INDIA Dt. 08/03/2008
    2. 2. <ul><li>“ We must be the change we wish to see in the world” </li></ul><ul><li>Gandhi </li></ul>
    3. 3. What Should we CA’s should Know About Information Technology???????
    4. 4. <ul><li>Dear Friends, </li></ul><ul><li>Well I was scrolling through the world wide web, looking at the exact requirements which the corporates place on the net with regard to the candidate profile. Well some want knowledge of direct taxation, some US GAAP and sox, some internal audit……………..but one thing that I could find common amongst all was </li></ul><ul><li>Good PC Skills </li></ul><ul><li>Information Technology skills </li></ul><ul><li>Focus on advanced ways of working </li></ul>
    5. 5. <ul><li>Q . A mechanical, electrical and computer engineer were riding together to an engineering seminar when the car suddenly began jerking and shuttering. The mechanical engineer, said, &quot;I think the car has a faulty carburetor.&quot; The electrical engineer said, &quot;No, I think the problem lies with the alternator.&quot; </li></ul>
    6. 6. <ul><li>Ans. The computer engineer brightened up and said, &quot;I know, let`s stop the car, all get out of the car and get back in again!“ </li></ul>
    7. 7. Fundamental Rationale <ul><li>As technology has transformed practice, legal education has not kept pace. Curricula do not integrally reflect the ways in which information technologies are being used, and could be used, to change the scenario of profession in our country. While the schools & Universities have started taking initiatives but still many transformations remain outside the scope of our day to day affairs: </li></ul><ul><li>Large-scale document management; </li></ul><ul><li>Information presentation and simulations in the classrooms; </li></ul><ul><li>and the evaluation of electronic resources outside the narrow confines of the legal document databases. </li></ul>
    8. 8. A world which is increasingly becoming overdependent on information technology… <ul><li>Prospective students fill out applications online. </li></ul><ul><li>E-mail is the predominant means of one-to-one and web sites are the means of mass communication. </li></ul><ul><li>Ethernet and wireless networks become pervasive. </li></ul><ul><li>Some Educational Institutions purchase and require expensive exam administration software. </li></ul>
    9. 9. In a world dependent on information technology… <ul><li>Multinationals firms build extranets. </li></ul><ul><li>Courts require electronic filing. </li></ul><ul><li>Knowledge management organizes institutional memory </li></ul><ul><li>Online legal research is efficient and relatively economical. </li></ul><ul><li>Evidence is starting to be presented digitally </li></ul>
    10. 10. IT is a meta-tool <ul><li>Information technology is a fundamentally different way to do the same old thing - overcoming time, space and other historical limitations </li></ul><ul><li>It is a tool whose conventions you have to “get” – that takes exposure </li></ul><ul><li>There are implications to using technology that require a basic understanding of how technology works </li></ul><ul><li>Before I move forward a small question:- </li></ul>
    11. 11. Well how many of you feel that a Computer is MALE ?
    12. 12. Well how many of you feel that a Computer is MALE ? <ul><li>A better model is just around the corner </li></ul><ul><li>They have a lot of data but are still clueless </li></ul><ul><li>It is always necessary to have a backup </li></ul><ul><li>Even the best are unreliable and insecure </li></ul><ul><li>Despite years of evolution, they still can't think for themselves </li></ul>
    13. 13. I also have something in defence for those who thought otherwise i.e. a Computer is a Female:- <ul><li>No one but their creator understands their internal logic. </li></ul><ul><li>Even your smallest mistakes are immediately committed to memory for future reference. </li></ul><ul><li>They can produce incorrect results at alarming speed. </li></ul><ul><li>They look nice and shiny, until you get them home </li></ul><ul><li>As soon as you make a commitment to one, you find yourself spending half your paycheck on the accessories. </li></ul>
    14. 14. X Curriculum Content Emerging Technologist ITS - Information Technology Specialist ITS SKILLS <ul><li>Application Training </li></ul><ul><li>Networking </li></ul><ul><li>Hardware / Software </li></ul><ul><li>Configuration </li></ul><ul><li>Troubleshooting </li></ul><ul><li>Independent Thinking </li></ul><ul><li>Human Relations & Support </li></ul>New Student Incumbent Student
    15. 15. IT FITness Curriculum <ul><li>       I. Communication </li></ul><ul><li>  </li></ul><ul><li>   Connect to and use USB Devices. </li></ul><ul><li>   Use directories to find people. </li></ul><ul><li>   Send, read email messages. </li></ul><ul><li>  Take part in virtual discussions. </li></ul><ul><li>   Use your email to send files to others. </li></ul>
    16. 16. IT FITness Curriculum <ul><li>     II. Research & discovery </li></ul><ul><li>Use a browser to effectively search for information on the web. </li></ul><ul><li>Learn to use the library’s information sources. </li></ul><ul><li>C hoose the best research tools. </li></ul><ul><li>  Evaluate information. </li></ul>
    17. 17. IT FITness Curriculum <ul><li>    III. Product creation skills </li></ul><ul><li>  Use word processing software to create and edit documents. </li></ul><ul><li>  Conceptualize and build a web site. </li></ul><ul><li>  Use software to make presentations. </li></ul><ul><li>  Create spreadsheets to store and manipulate data. </li></ul><ul><li>  Use database software </li></ul><ul><li>  Use software to represent data in graphs and charts. </li></ul><ul><li>  Use software to work with basic statistics. </li></ul><ul><li>  Use graphics software to create or manipulate images. </li></ul>
    18. 18. IT FITness Curriculum <ul><li> IV. Information use & management skills </li></ul><ul><li>Understand the basic computer operating system (Windows XX) </li></ul><ul><li>Move information between documents, programs. </li></ul><ul><li>Store and organize information. </li></ul><ul><li>Protect personal information and your computer and files. </li></ul><ul><li>Understand rights and responsibilities in the online environment. </li></ul>
    19. 19. IT FITness Curriculum <ul><li>    V. Information Technology Concepts </li></ul><ul><li>   Computer hardware. </li></ul><ul><li>   Computer software. </li></ul><ul><li>   Databases and Information systems. </li></ul><ul><li>   Networks. </li></ul><ul><li>  The Internet. </li></ul><ul><li>   Digital representation of information. </li></ul><ul><li>   Limitations of information technology. </li></ul><ul><li>   How to get connected to the Internet. </li></ul>
    20. 20. <ul><li>The business case for basic </li></ul><ul><li>technology support is clear: </li></ul><ul><ul><li>Technology increases efficiency and lowers costs </li></ul></ul><ul><ul><li>This means fewer resources are spent on administration saving more resources for high touch </li></ul></ul><ul><ul><li>Technology is essential for communicating with funders and partner organizations </li></ul></ul>1. Technology as 'must have'
    21. 22. <ul><li>Q. If you were to advise Microsoft as to Which area in MS Windows should be sold in order to make a good money out of advertisement? </li></ul>
    22. 23. <ul><li>“ Sell Ad spaces in error messages” </li></ul>
    23. 24. BANKING SECTOR The IT saga in Indian Banking commenced from the mid eighties of the twentieth century when the Reserve Bank took upon itself the task of promoting automation in banking to improve customer service, book keeping, MIS and productivity. This role played by the Reserve Bank has continued over the years. <ul><li>Introduction of MICR based cheque processing – a first for the region, during the years 1986-88 </li></ul>
    24. 25. Banking Sector Developments………….. <ul><li>Computerisation of branches of banks – an activity which commenced from the late eighties with the introduction of ledger posting machines (LPMs), advanced ledger posting machines (ALPMs), which have paved the way for installation of Core Banking solutions. </li></ul><ul><li>The setting up of the Institute for Development and Research in Banking Technology (IDRBT), Hyderabad in the mid nineties, as a research and technology centre for the Banking sector ; </li></ul><ul><li>The commissioning in 1999, of the Indian Financial Network as a Closed User Group based network for the exclusive use of the Banking sector with state-of-the-art safety and security. The network supports applications having features such as Public Key Infrastructure (PKI) which international networks such as S.W.I.F.T. are now planning to implement ; </li></ul>
    25. 26. Banking Sector Developments………….. <ul><li>Commencement of Certification Authority (CA) functions of the IDRBT for ensuring that electronic banking transactions get the requisite legal protection under the Information Technology Act, 2000; </li></ul><ul><li>Ensuring Information Systems Audit (IS Audit) in the banks for which detailed guidelines relating to IS Audit were formulated and circulated; </li></ul><ul><li>Enabling IT based delivery channels which enhance customer service at banks, in areas such as cash delivery through shared Automated Teller Machines (ATMs), card based transaction settlements etc.; </li></ul>
    26. 27. <ul><li>Providing Guidelines for Internet Banking, which facilitated the banks to ensure that common minimum requirements relating to Internet Banking offerings were provided for; </li></ul><ul><li>Providing detailed specifications to banks on the configuration of systems relating to critical inter-bank payment system applications such as Real Time Gross Settlement (RTGS) System, Negotiated Dealing System (NDS), Centralised Funds Management System (CFMS) etc.; </li></ul><ul><li>Implementation of the National Financial Switch (NFS) to ensure inter- connectivity of shared ATMs and to provide for funds settlement across various banks. </li></ul><ul><li>Sharing of information through the secured internet website for the Centralised Data Based Management System-Internet (CDBMSi) project. </li></ul><ul><li>Providing a platform for transmission of electronic messages across banks using common standards, for facilitating ‘Straight Through Processing’ (STP) in the form of the Structured Financial Messaging System (SFMS) </li></ul>
    27. 28. <ul><li>Setting up connectivity of all clearing houses of the country so as to enable the introduction of the National Settlement System (NSS). </li></ul><ul><li>Given these critical requirements and in its endeavour to sustain the progress and provide direction to the IT initiatives of the financial sector , the Reserve Bank sets out this Vision document which provides a bird’s eye view of the plans for IT development in the medium term, with the required focus on corporate governance. The Vision document has been divided into four major focus areas as follows: </li></ul><ul><ul><li>IT for regulation and supervision </li></ul></ul><ul><ul><li>IT and IDRBT </li></ul></ul><ul><ul><li>IT for the Financial Sector </li></ul></ul><ul><ul><li>IT for Government related functions </li></ul></ul>
    28. 29. <ul><li>This is it………. </li></ul><ul><li>Thanks for the patient hearing……… </li></ul><ul><li>But Finally one more question------------ </li></ul>