Friday, October 22, 2010

CAT | Paper 2 [T2] - Information for Management Control

CAT T2 - Paper 2
Information for Management Control

As the name suggests, Certified Accounting Technician's paper 2 or CAT - T2 is about information and how management can use such information for control purposes. After learning CAT - T2 students will acquire knowledge regarding collection of information, how information is processed and how it is then used by management for different managerial aspects like planning, organizing and controlling etc. CAT - T2 also underpins the advancement of information technology and how it can help management in performing their duties. Also, this advancement in IT raised significant challenges regarding security of crucial organizational information and the measures adopted by management to have complete, effective and secure information.
Principal Objectives

Among principal aims of this paper, it requires students to learn:
  • Hardware and software and how to set them in working condition
  • Securing access to hardware and software using locking down important premises, using passwords, anti-virus, firewalls other security measures.
  • converting usual business documents in soft copies using appropriate hardware and how this process can be automated and saving them in soft format.
  • obtaining prints and maintaining backups
  • legal rules related to data protection, data retention, understanding the concept of copyright.
  • using word processors, spread sheets and how to use them for managerial purposes
  • the concept of cost, different types of cost and their behaviours and how analyzing them can help us in decision making
  • how to handle confidential information

    Exam Format

    CAT - T2 is examined through Computer Based Examination (CBE) or Paper Based Exam. Each paper contains 50 multiple choice questions carrying 2 marks each thus 100 marks in total. Duration of exam is 2 hours and to pass CAT - T2 you must get 55% marks.




    LinksInfo
    Past Exam PapersExaminer: Nigel Coulthurst
    Examiner's ApproachExam fee: £38
    Student Accountant ArticlesNo. of Variants: 1
    Examiner's ReportsExam Type: CBE
    Important DatesPass Rates
    Syllabus and Study guide-
    Examinable Documents-




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    CAT  - Paper 2 [T2]
    Information for Management Control Study Notes


    Access FREE CAT - T2 Study Notes exclusively designed to memorize and grab key areas of CAT - T2 syllabus.
     
    CAT  - Paper 2 [T2]
    Information for Management Control Practice Questions

    Access FREE CAT - T2 Practice questions. As past papers for CAT - T1 are not available these practice questions can help in great to deal to practice different concepts examinable in CAT - T2 course.
     
    CAT  - Paper 2 [T2]
    Information for Management Control Mock Exams

    Access eX-clusive! CAT - T2 Mock Exams. These free mock exams enable you to check, test, stress yourself in every possible way so that you enter exam hall confident.

    CAT - T2
    Information for Management Control
    Exams Tips
    CAT  - Paper 2 [T2]
    Information for Management Control Exam Tips

    Learn what tips, tricks and topics you must have before you sit for an exam. These exam tips specifically details important areas of CAT - T2 course.


    Resources by Syllabus Area


    > Syllabus Area A
    Computer Systems
    This area introduces different kind of hardware and what software are how they both interact. Discussing different kinds of hardware available and their functions, what is networking and how organizations can take benefit of networked systems. What are different kind of systems available and which organization use what kind of system and how users should check whether hardware and software and working properly and how to troubleshoot. 
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    > Syllabus Area B
    Security, confidentiality & legal issues
    This area sheds light on confidentiality and how to maintain it, how to secure access to crucial hardware and measures management can take to safeguard vulnerable information by implementing security checks in software using passwords, user authentication, ranking according to managerial layers. It also covers why maintaining regular backups is important. Other than that it also involves legal issues related to managerial information

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    > Syllabus Area C
    Management Information
    This area of CAT - T2 deals with the differences in financial and managerial accounting and why managerial accounting was needed. After going through this area students will understand how managerial information can help managers in performing different managerial functions and how information technology can aid them in decision making

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    > Syllabus Area D
    Income and Expenditure
    This area of CAT - T2 introduces about cost and different elements of cost and how costs can be analyzed on different basis. Key concept of this area is responsibility centres and how they co-ordinate with each other to run the business. Going through this area, one learn the documents used to record managerial information and how coding system can help structuring organizational information

    - Access Revision Notes for Area D
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    - Access Prep-tips video lectures for Area D
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    - Access list of questions answered by tutors related to Area D
    > Syllabus Area E
    Comparisons
    This area details the sources from where management can gather information for comparison and analysis purposes in order to reach informed decisions. How to calculate variances and what such information is interpreted for control purposes.
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    > Syllabus Area F
    Decision Making
    This area of CAT - T2 is possibly the most practical and important areas where students learn how to collect relevant information and using different techniques mangers can reach decisions.
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