04 PRC ITA by Sir Jahanzaib

Rs. 10000

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This course includes

Videos : 230
Quizzes : 13

Introduction to the Course and how to study and FAQ

1 Introduction to the Course

Video 1 Introduction to the Subject and other Basic Information
9 min
Video 2 How Nearpeer Provides you Education in best Possible Way
14 min
Video 3 How you should Study online at Nearpeer
13 min
Video 4 Medical Background vs other Background (Will there be any issue)
11 min

FAQ

Question 1 How much A student of CA PRC should study on Daily Basis
4 min
Question 2 As a PRC student what should i do if i want to get inducted in ideal CA Firm after CAF
5 min
Question 3 Due to Information Technology will CA Profession Die
9 min
Question 4 How to make Own notes in PRC
7 min
Question 5 What book should be Used for PRC Subjects
8 min
Question 6 PRC Model Paper Exam pattren and Exam environment sample
18 min

Introduction to Accounting And Double Entry Bookeeping [ICAP Chapter 1 & 3]

1 Basics of Double Entry book keeping

Video 1 What is accounting, Its need and defintion
12 min
Video 2 Separate Entity concept, 5 Heads of Account and their nature
20 min
Video 3 Double entry concept how to find the two accounts and record the transection
21 min
Video 4 Passing Accounting Entries Example 6 complete solution
26 min
Video 5 Example 7 and 8 with concept of receivable payable markup and bank transections
25 min
Video 6 Example 9 to 11 with concept of license fee, subscription fee,till and way forwards
10 min
Video 7 Objective Type Questions Set 1
17 min

2 Making Ledger and Trial Balance

Video 1 Making ledgers from journal (posting) and trial Balance from Ledger with examples
36 min
Video 2 Example 7 Making ledgers and trial balance practices
22 min
Video 3 Trading accounts Understanding and relevant accounts
11 min
Video 4 Entries of Trading accounts with Example 12 and 13
33 min
Video 5 Preparing ledgers directy from transection and preparing specific ledgers example 14 and 15
20 min
Video 6 Objective type questions set 2
23 min
Video 7 Example 16 working out the transection from closing balances before and after transection
20 min
Video 8 Continuing entries from opening trial balances Example 17
11 min

3 Making Financial Statements

Video 1 Making Financial statements Final step with formats of Financial statements
23 min
Video 2 Example 18 to 20 making financial statements from Trial
26 min
Video 3 Example 21 and 22 making selective statements
5 min
Video 4 Example 22 a Comprehensive Questions of Journal, PL, BS and concept of balacing figure
15 min

4 Additional Concepts and Past paper Prctice

Video 1 Trade Discounts, Settlement discount, Discount income and expense & apportionment
17 min
Video 2 Full and Final ICAP Past paper Questions Autumn 2019 Q5 Omega Limited
31 min
Video 3 Objective Type Questions set 2
12 min

5 Theoratical Discussions

1 Cash Sales Vs Credit Sales
3 min
2 Classification of Business Transactions
8 min
3 Capital and Revenue Expenditure and Income with example
10 min
4 Components of FS, Gross VS Net and Types of Business
11 min
5 Stakeholder Analysis
6 min
6 Contra Entry
6 min
7 Debit note vs Credit Note
9 min

6 ICAP Book MCQs Chapter 1

V1 ICAP Book MCQS (Chapter 1) 1 to 26
29 min
V2 ICAP Book MCQS (Chapter 1) 27 to 44
26 min
V3 ICAP Book MCQS (Chapter 1) 44 to 60
20 min
Test of Basics of Double Entry book keeping
15 Q

Books of Prime Entry [ICAP Chapter 2]

1 Core Concept of Books of Prime Entry

Video 1 The concept and need of Books of Prime Entry
17 min
Video 2 A comprehensive Questions of Books of Prime Entry ICAP Past paper Omega Limited
27 min
Video 3 Tripple Column Cash book from Omega Limited Questions
7 min
Video 4 Example 2 Oak Gardens and Example 3 KWARK Books of Prime Entry
10 min

2 Practice questions incuding Past paper Questions

Video 1 ICAP Past paper Question Spring 2017 Q1 Gull Brothers
17 min
Video 2 ICAP Past paper Autumn 20 Q6 Iljhay Suljhay Brothers
21 min
Video 3 ICAP Past paper Question Autumn 2015 Q8 Ali baba
23 min

3 Objective Type Question

Video 1 Extensive Practice of Objective Type Questions
31 min
Video 2 Objective Type Question
6 min
Video 3 ICAP Book Mcqs (Chapter 2) Mcqs 1 to 15
12 min
Video 4 ICAP Book Mcqs (Chapter 2) Mcqs 16 to 34
19 min
Video 5 ICAP Book Mcqs (Chapter 2) Mcqs 35 to 50
8 min
Test of Books of Prime Entry [ICAP Chapter 2]
10 Q

Accruals & Prepayments [ICAP Chapter 4]

1 Core Area Accruals & Prepayments

Video 1 Understanding the cash and accrual basis of accounting accrued and prepaid expenses
20 min
Video 2 Prepaid expense and accrued expense Example 1, 2 and 3
20 min
Video 3 Example 4, 5 and 6 for Prepaid Expense and accrue d expense
18 min
Video 4 Example 7 question Mega practice for 3 years accounts
11 min
Video 5 Accruals and prepayments for Income with example 8 and 9
20 min
Video 6 Example 10 and 11 Accrued and advance income
10 min
Video 7 Example 12 accounts for both parties (combined practice)
17 min
Video 8 Example 13
16 min

2 Practice questions incuding Past paper Questions

Video 1 Example Waqas Estates
17 min
Video 2 Practice Question Uhura
26 min
Video 3 Past Paper Question Autumn 2017 Q4 Quality Services part 1
21 min
Video 4 Past Paper Question Autumn 2017 Q4 Quality Services part 2
27 min

3 Objective Type Questions

V1 ICAP Book MCQs (CH 4) MCQs 1, 2, 3, 4, 5
16 min
V2 ICAP Book MCQs Questions 6 to 10
10 min
V3 ICAP Book MCQs Question 11 to 15
19 min
V4 ICAP Book MCQs question 16
5 min
V5 ICAP Book MCQs Chapter 4 Question 17
4 min
V6 ICAP Book MCQs Chapter 4 Question 18
6 min
V7 ICAP Book MCQs Chapter 4 question 19
3 min
V8 ICAP Book MCQs Chapter 4 question 20
3 min
V9 ICAP Book MCQs Questions 21 to 30
18 min
V10 ICAP Book MCQs Chapter 4 Question 31 to 40
37 min
V11 ICAP Book MCQs Chapter 4 Question 41 to 45
29 min
V12 ICAP Book MCQs Chapter 4 Question 46 to 50
24 min
V13 MCQs Old Past Paper Accruals & prepayments
4 min
Test Accruals & Prepayments [ICAP Chapter 4]
15 Q

Bad And Doubtful Debts [ICAP Chapter 5]

1 Core Area Bad and Doubtful Debts

Video 1 Concept of Bad debt its entry and recovery of bad debts
14 min
Video 2 Concept of Doubtful debt and introduction to provisions
14 min
video 3 Example 1 the Entry of Bad Debts and Relevant Accounts
8 min
Video 4 Example 2 A practice for Bad Debt and Provision (General Provision)
21 min
Video 5 Practice Question 3,4 and 5
16 min
Video 6 Practice Question 6 with example of specific and general provision
17 min
Video 7 Practice question 7 with practice of specific and general provision
10 min
Video 8 Age analysis with Example
11 min

2 Practice questions incuding Past paper Questions

Video 1 ICAP Past paper Practice autumn 2016 Q2 Ravi Enterprises
21 min
Video 2 ICAP Past paper question Autumn 2018 Q7a Automan Enterprises
19 min
Video 3 ICAP Past paper questions Autumn 2015 Q 3 Ghazi Traders
19 min
Video 4 ICAP Past paper question Autumn 17 Q6 GNS
24 min

3 Objective Type Questions

ICAP Past paper MCQs of ITA
7 min
V1 ICAP Question Bank MCQs 1 to 16
35 min
V2 ICAP Question Bank MCQs 17 to 20
17 min
V3 ICAP Question Bank MCQs 21 to 31
13 min
V4 ICAP Question Bank MCQs 32 33 34
15 min
V5 ICAP Question Bank MCQ 35
5 min
V6 ICAP Question Bank MCQ 36 to 43
13 min
V7 ICAP Question Bank MCQs 44 to 50
26 min
Test Bad and Doubtful Debts [ICAP Chapter 5]
15 Q

1 Core Topic Depreciation

Video 1 why do we depreciate the Property plant and equipments
11 min
Video 2 Depreciation (why when and how)
11 min
Video 3 Straight Line Method with example 1
23 min
Video 4 Depreciation (Estimates and application)
7 min
Video 5 Practice Question 2 SLM Comprehensive
24 min
Video 6 SLM Depreciation charged on monthly basis
13 min
Video 7 Reducing Balance Method and a secret about Residual Value
13 min
Video 8A Comprehensive Example Depreciation WDV Yearwise depreciation
24 min
Video 8B Comprehensive Example Depreciation WDV Yearwise depreciation
20 min
Video 9 Sum of the Years Digit Method
10 min
Video 10 Activity Based Depreciation (Machine hour and Units produced)
14 min
Video 11 What happens when asset is fully depreciated and not disposed off
8 min

2 Core Topic Cost of Assets, other concepts and change in estimates

Video 1 cost of asset and its components
17 min
Video 2 Cost should not include and other concepts relating to cost
16 min
Video 3 Proceeds from selling itme produced while testing
5 min
video 4 Example 20 of Cost components and accounting for dismentaling cost
15 min
Video 5 ICAP Past paper questions Spring 2021 Q 1 Shangrila Enterprises cost components
13 min
Video 6 Transfer to PPE from Invetory and asset taken by Owner with example
8 min
Video 7 Other concepts of Assets(CWIP Repair Maintinance additions expansions and overhauling)
29 min
Video 8 Change in estimates with 3 practice questions
22 min

3 Practice questions incuding Past paper Questions

Video 1 Past paper Autumn 2006 Q3 ABC Limited
17 min
Video 2 Other depreciation methods S Yaseen trading (Easy Question)
6 min

4 Objective Type Questions

V1 ICAP QB Mcqs 1 to 7
14 min
V2 ICAP QB Mcqs 8 to 20
40 min
V3 ICAP QB Mcqs 21 to 33
24 min
V4 ICAP QB Mcqs 34 to 40
22 min
V5 ICAP QB Mcqs 41 to 50
28 min
Test of Depreciation
15 Q

IAS 2 Inventories [ICAP Chapter 7]

1 Core Area Inventories cost formula

Video 1 Why businesses Perform their activities
12 min
Video 2 Inventory, Defintion, IASB IFRS and IAS
11 min
Video 3 Periodic Invetory valution with FIFO and WAC
21 min
Video 4 Prepetual Inventory Valuation Method (the difference, entries and accounts)
13 min
Video 5 Store Ledger cards in Prepetual Method (FIFO Method)
14 min
Video 6 Store ledger card in prepetual Inventory valuation method (Weighted Average method)
9 min
Video 7 Prepetual system FIFO Method entries and caculation of GP
17 min
Video 8 Perpetual system average cost method Entries accounts and GP
9 min
Video 9 finding value of closing stock and relationship between various components of SOCI
20 min
Video 10 Concept of purchase and sales returns drawings NRV normal and abnormal loss
14 min
Video 11 Example (purchase returns, drawings, normal and abnormal loss)with FIFO and AVco method
18 min

2 Core Area Inventories cost of item purchased

Video 1 IAS2.10 cost of inventories includes
20 min
Video 2 Exampe of cost of inventories
7 min

3 Core Area NRV vs Cost

Video 1 the concept of NRV with Example
11 min
Video 2 Reasons and examples where NRV is less than cost
13 min
Video 3 Example 6 Inventory at Lower of Cost and NRV
9 min
Video 4 Example 7 Inventory Valuation at Lower of cost and NRV
22 min

4 Comprehensive Examples

Video 1 ICAP Past paper Questions Spring 2017 Q2 Zamil traders with examiner comments
35 min
Video 2 ICAP Practice Question Spring 2019 Q4 Multan Traders
21 min
Video 3 ICAP Past paper Question Spring 20 Q5 Kallar Traders
21 min
Video 4 ICAP Past paper Question Autumn 19 Q2 Omikron Trader
25 min

5 Theoratical Items and FAQ

Cost measurement Techniques (Standard Cost Method and Retail Method)
11 min

6 MCQs

V1 ICAP Book MCQS (Chapter 7) 1 to 20
50 min
V2 ICAP Book MCQS (Chapter 7) 21 to 25
16 min
V3 ICAP Book MCQS (Chapter 7) 26 to 28
8 min
V4 ICAP Book MCQS (Chapter 7) 29 to 35
31 min
V5 ICAP Book MCQS (Chapter 7) 36 to 50
27 min
Test of Inventories
15 Q

Accounting for Manufacturing [ICAP Chapter 8]

1 Core Topic Accounting for Manufacturing

Video 1 Types of Business in Terms of Their Activity
13 min
Video 2 Statement of Profit and Loss for Service Provider and Trader
8 min
Video 3 Statement of Profit and Loss for Manufacturing Business
6 min
Video 4 Direct vs Indirect Cost
13 min
Video 5 Status of Stock of a Manufacturing Concern
8 min
Video 6 Example of Statement Beauty Bar
26 min
Video 7 Accounting Entires in Factory
18 min
Video 8 factory cost Overheads
15 min
Video 9 Factory Overheads
12 min
Video 10 Factory Ledgers Example 1
16 min
Video 11 Factory Ledger Comprehensive Example
24 min

2 Objective Type Questions

V1 ICAP Book MCQS (Chapter 8) 1 to 17
18 min
V2 ICAP Book MCQS (Chapter 8) 18 to 32
26 min
V3 ICAP Book MCQS (Chapter 8) 33 to 41
13 min
V4 ICAP Book MCQS (Chapter 8) 42 to 50
16 min
Test of Accounting for Manufacturing
15 Q

Preparation of Financial Statements [ICAP Chapter 9]

1 Core Topic Preparation of Financial Statements

Video 1 Purpose Need and procedure to make Financial statements and stakeholders
17 min
Video 2 Type of statements and Sample Financial Statement (Amreli Steels YE 20)
18 min
Video 4 How to solve Final Account Question with Practice question 1 Steven chee (Part 2)
19 min
Video 5 Difference between Current and no current assets and liabilities
11 min
Video 6 Financial Statements complete Question 2 Maria
26 min
Video 7 ICAP Past paper Question Spring 18 Q4 Tulip Enterprises Adj 1 to 4
25 min
Video 8 ICAP Past paper Question Spring 18 Q4 Tulip Enterprises Adj 5 to 8
13 min
Video 9 ICAP Past paper question Spring 2017 Q4 Rainbow Lights (RL) Adj 1 to 4
24 min
Video 10 ICAP Past paper question Spring 2017 Q4 Rainbow Lights (RL) point 5 to 8
24 min
Video 11 ICAP Past paper Question Autumn 14 Q7 Salman
19 min
Video 3 How to solve Final Account Question with Practice question 1 (part 1)
27 min

2 Objective Type Questions

V1 ICAP Book Mcqs (Chapter 9) Mcqs 1 to 5
9 min
V2 ICAP Book Mcqs (Chapter 9) Mcqs 6 to 9
20 min
V3 ICAP Book Mcqs (Chapter 9) Mcqs 10 to 17
20 min
V4 ICAP Book Mcqs (Chapter 9) Mcqs 18 to 22
18 min
V5 ICAP Book Mcqs (Chapter 9) Mcqs 23 to 27
16 min
V6 ICAP Book Mcqs (Chapter 9) Mcqs 28 to 38
27 min
Test of Preparation of Financial Statements
10 Q
V7 ICAP Book Mcqs (Chapter 9) Mcqs 30 to 50
38 min

Additional Questions of Final Account

Bank Reconciliation Statement [ICAP Chapter 10]

1 Core Topic

Video 1 The concept and need of BRS
26 min
Video 2 Format of Bank Reconcilation and brief of reasons of differences
8 min
Video 3 Basic question of BRS Example 2 and 3
23 min
Video 4 Example 5 with narration practice
21 min
Video 5 Example 6 with more adjustments
13 min
Video 6 Finding unknonwn opening balance of cash book or bank statement practice Question 7
19 min
Video 7 BRS with opening reconciliations Example 8
15 min
Video 8 Achievement so far
13 min
Video 9 Example 7 with dishonoured cheque and late deposit example
21 min
Video 10 time barred cheques and post dated cheques ICAP Past paper A19Q1 Lamda Enterprises
34 min
Video 11 More practice for time barred and post dated cheques ICAP Past paper S17Q8 Comforts Travels
24 min
Video 12 Exam standard Question Two accounts
29 min

2 Objective Type Questions

V4 ICAP Book Mcqs (Chapter 10) Mcqs 21 to 30
12 min
V6 ICAP Book Mcqs (Chapter 10) Mcqs 41 to 50
41 min
V1 ICAP Book Mcqs (Chapter 10) Mcqs 1 to 5
19 min
V3 ICAP Book Mcqs (Chapter 10) Mcqs 11 to 20
40 min
V2 ICAP Book Mcqs (Chapter 10) Mcqs 6 to 10
21 min
V5 ICAP Book Mcqs (Chapter 10) Mcqs 31 to 40
37 min
Test of Bank Reconciliation Statement
15 Q

Accounting Fundamentals [Theory from Chapter 1 of ICAP Book]

1 Accounting Fundamentals

Video 1 What is business and business entity
6 min
Video 2 Types of Business in term of Ownership
9 min
Video 3 Comparison of Sole trader, partnership, and company
9 min
Video 4 Type of business ( in terms of Activity)
4 min
Video 5 Accounting System (components and process)
15 min
Video 6 Regulation of Financial Reporting in Pakistan IASB IFRS IAS
5 min
Video 7 External Users of Financial Statements and their concern
13 min
Video 8 Difference between Current and no current assets and liabilities
11 min
Video 9 Types of Transections (revnue vs capital Nature expenses)
8 min
Video 10 Elements of Financial Statements (Assets, Liabilities, Equity, Income and expenses)
22 min
Video 11 Measurement of elements of financial statements (assets)
7 min
Test of Accounting Fundamental
15 Q

Grand test series

1st half
50 Q
Full book
59 Q
2nf half
50 Q

1 Accounting Fundamentals (Chapter 1 and 3)

Basic Accounting and Entries Part 1
24 min
Basic Accounting and Entries Part 2
74 min

3 Accruals and Prepayments

Accruals and Prepayments Complete Revision
28 min

4 bad and Doubtuful Debts

Bad Debt and provision for Bad debt Revision
38 min

Live Sessions

PRC 04 By Sir Jahanzaib Live Session 1
39 min
PRC 04 By Sir Jahanzaib Live Session 2
57 min
PRC 04 By Sir Jahanzaib Live Session 3
59 min
PRC 04 By Sir Jahanzaib Live Session 4
0 Sec
PRC 04 By Sir Jahanzaib Live Session 5
63 min
PRC 04 By Sir Jahanzaib Live Session 6
37 min
PRC 04 By Sir Jahanzaib Live Session 7
8 min

Model Paper Solution

V1 PRC04 Model Paper Solution Question 1 to 20
62 min
V2 PRC04 Model Paper Solution Question 21 to 40
42 min
V3 Model Paper Solution Q 41 Valsafe
29 min

Videos : 230
Quizzes : 13

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Course Description

Course Content

What you'll learn

Cover your core topics in great detail to build a solid conceptual foundation.
Learn effective strategies to tackle your exams with confidence.
Build a better foundation with in-depth concepts, illustrative examples, and practical questions.
Navigate the subject with confidence by understanding the essential dos and donts.
Explore the relevance of past papers and engage in detailed discussions of core topics.

6,694+ students are Recommending this Course

Sir Jahanzaib Khan

Experience : 9 Years

Sir Jahanzaib Khan is here at Nearpeer to literally make CA super easy. With his amazing skills in Auditing and Taxation and experience of 6+ years, Sir Jahanzaib has recorded many lectures to guide you through your CA journey as a brilliant student. He is CA Finalist, APFA and MBA as well. Nearpeer...Read More

Frequently Asked Questions

Nearpeer is an online education platform (Ed-Tech) that offers wide varaitey of online courses. These courses range from Fsc, MDCAT, ECAT, SAT, CA, ACCA, CSS, and many others. Nearpeer is the best online course offering platform in Pakistan.

Nearpeer offers wide variety of online courses including: Fsc, MDCAT, CSS, SAT, and CA. These courses are being offered as full-fledge programs that ensures students’ success. These programs are designed by experienced educators with the help of the best instructors available in the market.

Nearpeer is the best online education platfrom in Pakistan. If you want to pass your exams with amazing grades, you should study from Nearpeer. The amazing tools like MDCAT score predictor, AI Chat Bot, and AI assignments are very helpful for giving you a necessary edge to out-perform in any exam.

There are more than 500,000+ students studying at Nearpeer with total enrollments above 3 Million at the end of 2023. This large student body is a sufficient proof of the quality content and trustworthiness of Nearpeer as an established Ed-Tech Platform.

Nearpeer courses are priced anywhere between 2000 Rs to maximum of 15000 RS. You get acccess to a course till your exam date and all of the relevant material is acessible by paying the course price. There are numerous scholarships and discounts available for deserving students. So, feel free to contact to our couselors for more details.

Yes, Nearpeer courses are offered as complete preparation program and they are sufficient for your preparation. These courses are being offered by the best instructors of the market. These courses are very comprehensive and designed to focus on the exam preparation.

You can download (offline store) Nearpeer videos in your android and iOS Applications. Simply, go to any course module or video and click on the download icon. Once downloaded, your videos will appear in the “Download Section” of the application.

Nearpeer accepts all commonly used payment methods like Easypassia, Jazzcash, Debit/Credit cards, and direct bank payments. You can find more details on the payment page. We are even offering Buy-now-pay-later services to our students.

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Student can access Nearpeer through internet anywhere, but out headoffice is in Lahore, Punjab. We recommend our students to get in contact with us at 03111444734 before visiting the office so that we can arrange the relevant personals for their assistance.

If you follow Nearpeer’s recommended study plan, your success is guaranteed. We have seen students improving their scores by whopping 60% only when they followed our recommended plan. We have knowledge and experties in Test Preparations and our plan always work for our students. Our recipe includes: Smart Preparation plan, Hardwork, and focus on Practice.

Yes. Nearpeer has incorporated AI at its core. Our services like MDCAT Score Predictor, AI Chat BOT, AI Assignemnts, and AI Quizzes are few of the amazing educational AI tools that we have developed. Nearpeer strongly believes in utilizing the power of AI in making educational accessible and scalable for students across the globe.