Technology Initiative - ERP
Government Departments, Corporate and business houses are making increasing use of IT to streamline their operations and provide value added services to their customers. Chartered Accountants, with their matchless knowledge of business processes and accounting, finance, legal requirements, have to increasingly provide business consultancy services in implementing and maintaining Information Systems, particularly ERP implementations.
The Committee on Information Technology has identified IT Enabled Services (ITES), particularly ERP, as a thrust area for the development of the profession considering increasing demand for these value added services within the country and abroad. The committee is keen that CA’s take this challenge as an opportunity to develop competencies and grow in this sunrise sector.While opportunities are vast, many members have not been able to develop competencies in this area considering the high costs involved in training and development in this area. The Committee after a detailed market study, identified leading ERP vendors to provide education and training in this area at concessional rates, to facilitate members to develop competencies. As a part of this ERP initiative, the Committee has finalised arrangements to provide following training training programmes:
SAP ERP Module on "Managerial and Financial Accounting" (FICO)
Oracle ERP - Financials 11i Module Training Module
Microsoft Dynamics NAV - Finance Module
These courses are being introduced to provide practical training content desired by members participating in the Post Qualification Course on Information System Audit (ISA). This course would enabled ISA Members to get a practical insight into SAP/ Oracle ERP implementation for their finance/ control area,.