The overall learning objective of this paper “To develop understanding of Information technology as a key enabler and facilitator of implementing Information systems in enterprises and their impact on business processes and controls” has been kept in mind while developing the material. The learning objectives are translated into a set of task statements. which outline what the students should learn to do”. The task statements are linked to a set of knowledge statements, which outline what they should “know’ to be able to perform the tasks. All these together have been used to develop the topics, which provide the detailed contents with a logical flow.
Thus, strategic management is important for Chartered Accountants. With the changing scope of the chartered accountancy profession and the multifarious nature of the work profile of professionals, the students need to learn newer and different concepts and acquire multidimensional skills. With this focus the subject of strategic management has been included in the education and training of chartered accountancy. Chartered Accountants who are expected to reach high in the corporate ladder need to be sound, in the concepts and principles of strategic management.