Class slides for CA Professional Knowledge Level students at ICAB.

1. IT KNOWLEDGE
CA Professional Stage - Knowledge Level, ICAB
Tutor: Mohammad Abdul Matin
Chapter 1
Information Within Organization

2. Chapter Outline
 What is Information?
 Difference Between Data and Information
 Why Information is a Key Resource in Organization?
 Attributes of Information
 What is an Organization?
 Characteristics of Decision Support System
 Information System and Different Levels
 Information Systems Between and Within Organizations
 What is Financial Reporting System and Role of IT in FRS

3. Components of DSS
The Users
Manager at Different Levels | Business User
Databases
Can be Multiple | Can be External
Planning Languages
Cube | General Purpose | Special Purpose
Model Base
Tabulation | Analysis | Time Series Analysis

4. Examples of DSS
 Cost Accounting System
 Capital Budgeting System
 Budget Variance Analysis System
 General Decision Support System
 Balanced Scorecard / Performance Scorecard
 What If Analysis (Business Intelligence)

5. Information System Levels
EIS
MIS, DSS
TPS
Execution Level Management
Mid & Top Level Management
Top Management
Source of
Information
UsageFrequency
Impact
NumberofReports

6. Scorecard
F3
Improve Productivity of Our
Employees
MF3.1
Net Sales Value (NSV) Per
Employee
Based on
ABP
MF3.2 Profit Per Employee
Based on
ABP
S3 Be The Employer of Choice MS3.1
Third Party “Employer of
Choice” Ranking
Top 2 in
BD
KS3.1
Initiate participation in all major job
fairs
P3A
Ensure Role Clarity with
Appropriate Empowerment
MP3A.
1
Employee Survey Score <9 KP3A.1
Survey to find out the availability of
formal Role Definition & role clarity
KP3A.2
Conduct sessions at CEC level to ensure
100% availability of RD
KP3A.3
Survey to assess the level of employee
empowerment
KS3.2 Develop student engagement program
P3B
Establish Clear Succession
Plan for All Key Personnel
MP3B.
1
Succession Readiness Index 0.8 KP3B.1
Leadership Succession Process (in
conjunction with outside consultant)
MS3.2
Employee Satisfaction Index
(ESI)
1.2
KP3A.4
Run management programs to drive
the culture of empowerment
KP3A.5
Design supervisors’ KRA to drive
employee empowerment

7. IS Between & Within Organizations
 Passive or Interactive Information Systems
– Passive is static / one way
– Interactive is updatable
 Management Information Systems
 Batch Processing and Rapid Processing
– Batch: payroll system
– Rapid: movie ticketing system

8. IS Between & Within Organizations
 Knowledge Based Systems
– Diagnostic: leads to specific area of knowledge by questioning
and filtering
– Advice giving: MRP, MAP, Automated Factory Order, etc.
– Decision Making: “What if” Analysis or Scenario Analysis

9. Financial Reporting Features
 Rating Ratios
– System calculation of useful ratios based on data
– Configurable context for the ratios
 Graphics
– Infographics help better understanding and attention
 Pivot Tables
– Analysis, comparison
 Alarms
– Reduces pitfalls and mistakes
– Helps keeping right pace in workflows/dependecies

10. Infographics
Helps quick attention and understanding

11. Pivot Table

12. Financial Reporting
International Financial Reporting Standards (IFRS)
 It’s a standard framework
 Standards, interpretations and the framework adopted
by the International Accounting Standards Board (IASB)

13. Policy Details (System Owner)
 Access Control
– Add/Change to be formally requested
– Deactivated on termination
– Change permissions as per role changes
– Periodic review for appropriateness
 Segregation of Duties
– Role based access and permissions
– “Need to have” basis access to features and information

14. Policy Details (System Owner)
 Review Procedures
– Administrator provides list
– System owner reviews permissions and recommends changes
– Functional/technical staff executes changes
– System owner checks and confirms changes
 Audit of Externally Hosted Vendor Systems
– External vendors conduct SAS 70 review
– System owner reviews and reports to Chief Security Officer
 Compliance
– Different standards and Government regulations

15. Policy Details (Technical Owner)
 Antivirus Controls
 Auditing and Review
 Authentication
 Backup & Recovery
 Incident Response
 Passwords
 Physical Security
 Security Updates and
Patches
 Change Control
 System Warnings / Alerts

16. Exam Questions
 What is Information? Narrate the importance of
Information.
 Write in brief, the important attributes of Information.
 What is DSS?

17. Thank You
Next Class
Topics: Chapter 3