Revision/Quick Notes Of ISCA in Just 55 Pages - CA Final

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Revision Notes Of ISCA in Just 55 Pages - CA Final 

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Importance of ISCA

In today’s business world, accounting professionals have to interact with computer-based Information Systems on a regular basis. As primary users of Information Systems in Organisations, Accountants must appreciate in their design and understand their operation. Accounting Managers must measure and evaluate the performance of Information Systems.
The New System of Chartered Accountancy course recognizes the importance of Information Technology has included it as part of CA Final Syllabus with Subject named ISCA.

The Course Study Material covers the theoretical framework in detail. The basic knowledge about Information Technology gained at IPCC level is sought to built up further through this paper.

Question to CA Final Topper. ‘Any tips to cope with tough papers?’

A.In the last few days, I started solving ICAI’s previous years papers. I used to self conduct exam for myself. It was a challenge to beat time! I used create an exam like ambience on my study table. For me, Information System Control Audit (ICSA) and Indirect Tax (IDT) were easy papers. Rest of the other subjects were pretty difficult, especially Costing and DT. In the Costing paper, I kept my cool and solved those questions about which I was confident. The tougher and tricky ones needed more time, so I approached them at the end.

So, what was your study mantra?

A.“Failing to plan is planning to fail” is a mantra I randomly read somewhere. After contemplation, it was interesting to note that I was following it since childhood. My studies were all well-planned. I had made a small diary in which I used to design a 15-day timetable. I took two subjects in a day – one theory and the other practical. I was clear at what time I have to carry Subject 1 and Subject 2. Every evening post studies, I would take stock of chapters finished on the same day and subsequent days. Before sleep, I used to always put down black and white. My timetables are always on paper. Discussing verbal time table with friends mostly go vain. Your mind can forget but paper hits your mind. 

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