CA INTER PAPER 7 – EIS SM (EIS) – TOPICS TO BE FOCUSED ONE DAY BEFORE EXAM (MAY 23)

Chapter 1 – Automated Business Processes

• BPA – Processes suitable for BPA, Challenges in BPA, BPA Implementation (Step 1, 3, 4, 5)
• Risk and its Management – Technology risks, Risk management strategies
• IT Controls – ITGC (General controls), Key indicators of effective IT controls, Limitations of
internal control system
• ERM - Benefits
• Risks and controls for specific business processes – Levels where controls should be checked,
Business processes (P2P, O2C, Inventory)
• Flowchart – Practical questions, Advantages & disadvantages of flowchart, DFD symbols
• Regulatory and compliance – Computer related offences
• Flowchart Questions – 6, 7, 8, 9, 11

Chapter 2 – Financial and Accounting systems

• Basic concepts – Types of Data (Master & Non master)

• Technical concepts – Front end vs Back end, Application software – 3 tier architecture
• Risks and controls in ERP (Issues) – People, Technological, Implementation
• Role Based Access Controls (RBAC) and Types of access
• ERP Modules – Financial module, Sales and distribution process, Components / parts of PP
Module, Material management process, Components / aspects of Quality, Benefits of CRM
Module,
• Data Analytics – Application areas, Data analytics process
• Business Intelligence – Advantages / Benefits
• Business Reporting – Importance / Significance
• XBRL – Features of XBRL
• Single vs Integrated software

Chapter 3 – Information Systems and its Components

• Components of Information Systems – 3 units / parts of processor, Data storage devices, Data
warehouse (ETL process, Criteria, Benefits), Data Mining (Steps), Database models, (in brief –
focus on relational model), Networking and Communication system (Issues addressed, Benefits)
• IS Controls based on objective
• IS Controls based on Nature of IS Resources – Environmental controls (Fire, Water, Audit),
Physical Access controls (Logging, Audit), Logical Access controls (Violators, Technical exposures
& Asynchronous attacks, Audit – User access logs, Internet points of presence)
• Managerial controls – Top management / IS management controls, Systems development
management controls, Programming management controls, Security management controls, Data
resource management controls

Reach out to us on ranjanperiwalclasses15@gmail.com or 9831827268 / 8777565301

• Application controls – All application controls (Amended topic) – Boundary, Database and
Output controls
• Segregation of Duties – Examples

Chapter 4 – E-commerce, M-commerce and Emerging technologies

• Introduction to E-commerce – Benefits to consumers, disadvantages of e-commerce, E-market

models, Components (E-commerce vendors, Web portal)
• E-commerce workflow
• Risks and controls in e-commerce – Risks in e-business environment, Controls necessary for
various persons in the e-business chain,
• Guidelines and laws governing e-commerce – Commercial laws governing e-commerce, Forces
behind e-commerce revolution / trends,
• Digital Payments – Various methods, E-rupi, Advantages and drawbacks of digital payments
• Computing technologies – Virtualization (Application areas), Grid computing (Security
constraints, Benefits, Application areas), Cloud computing (models of cloud computing), Green
computing (Best practices), BYOD (Advantages, Threats / Risks), Bitcoin (Working, Applications,
Risk and Controls)

Chapter 5 – Core Banking Systems

• Core Banking Services – Features of banking business, Types of Clearing services

• CBS – Technology components of CBS (Focus on cyber security), Aspects of CBS architecture,
Internet Banking process
• General Risks and Controls in CBS – Risks (Operational risk, IT risk), Information Security Policy
(Sub processes, Sample listing of risks and controls), Internal Control system in banks (Internal
controls, IT controls)
• Specific Risks and Controls in CBS – CASA (Process flow), Credit cards (Process flow of clearing
and settlement process), Treasury operation (Core areas)
• Regulatory and compliance requirements – Money laundering (Meaning, Stages), Cyber crime,
Functions of RBI

Reach out to us on ranjanperiwalclasses15@gmail.com or 9831827268 / 8777565301