Talha Ahmed

Latest feedback of PRC - Intro Accounting students is that the MCQs in exams are changing every month. There are a lot of practice questions in the market and lots of students are practicing those questions. I think it’s GOOD to practice but BAD to rely only on the practice of JUST these questions. One student mentioned that 95% of the paper was totally new questions. Hence I always stress to my students to first get understanding of the concepts via lectures and practice questions. Then on exam day you will have BEST chance of passing any type of unseen questions!

All the best

Get this question a lot and it’s a popular question in ICAP exams.

There are 4 depreciation methods ( Straight Line, Reducing Balance, Sum of digits and Output/Machine method )

In first 3 depreciation is charged on time basis and only in 4th one depreciation is charged on output based. It means that in first 3 method’s depreciation will be charged at end of the year regardless of whether it has been used or not ( because time =one year has passed). In 4th method depreciation will be charged at end of year only if it has been used and in proportion to use. If asset hasn’t been used, then there will be no depreciation.

For a productive day , start your mornings as early as possible and enjoy the peace and quiet nature has to offer in the morning.

My productive day starts with getting up as early as possible, followed by namaz, reading a book, exercise and then reviewing my high priorities for the day. It’s not easy at first but the rewards of this routine are very worth it !

Short video explaining Margin and Mark Up for PRC Intro to accounting students

PRC Introduction to Accounting Margin & Markup Explained 👉Apply Now: http://bit.ly/393QXHP☑️ Live & Interactive Classes☑️ Fresh Recorded Lectures☑️ On Campus Live Stream💬Live Chat: https://bit.ly/2YE7TmV📹Demo Le...

Announcement

I will be teaching PRC-4 Introduction to Accounting via recorded lectures on platform of PAC SOL. A demo video is shared below and the course is almost live. Please do share the information with someone and if you are an ex-student please do leave review of your experience so prospective students can take an informed decision.

Request for prayers and support.

Double Entry CFAP Registrations Open👉Apply Now: http://bit.ly/393QXHPGET EARLY BIRD DISCOUNT☑️ Live & Interactive Classes☑️ Fresh Recorded Lectures☑️ On Campus Live Stre...

Our teacher of Corporate Law Mr Fahad Naeem celebrating COM of his student Roshan Zafar in CFAP Corporate Law with our Principal GT campus Mr Salahuddin.

Glad to see so many happy faces today.

Congratulations to all CA Final Students that qualified today. And congrats to remarkable PAC students who secured 6 out of 10 CFAP/MSA Gold Medals announced by ICAP and also secured the only certificate of merit announced by ICAP. 4 distinctions were secured by PAC online students and 3 by PAC physical students. This result also sets the record of the highest Gold Medals secured by any institute in any result.

Credit all to the students and faculty supported by the prayers and motivation of parents and PAC management team. Complete details are below:

Certificate of Merit
1) Corporate Laws Roshan Zafar taught by Mr. Fahad Naeem

Gold Medals.
1)SPM Ubaid Ullah Azam took management support from PAC ( via tests and mock exams)

2) BFD Ubaid Ullah Azam taught by Shoaib Yaqoob

3) AARS M. Safi Ullah Javaid taught by Asim Nazir Ch.

4) CFAP all six papers Sohaib Tariq taught by Muhammad Yaseen, Attiq ur Rehman, Shoaib Yaqoob, Bilal Azhar, Jamshaid Akhtar

5)CFAP & MSA all papersSohaib Tariq taught by CFAP as above & MSA-1 Jamshaid Akhtar and MSA-2 Shahzaib Sanwal

6) CA all papers Sohaib Tariq

To all current CA students , this is proof that InshAllah you can achieve this dream of completing CA too and we see your name in this list very soon. Good luck to all and congratulations to CA qualified and distinction holders.

Important announcement for the students of AFC December attempt and CAF Mar 22 attempt. ICAP has lifted the restriction of minimum 3 paper policy for upcoming CAF March 22 attempt only. Students can appear in fewer than three papers if they wish. What does this mean for you ?

1) If you are AFC - Dec 21 attempt student your obvious first focus should be on clearing your AFC exam in December. For AFC December students, PAC will arrange a special section for you in which you will be able to appear for selected CAF papers from Group A in March 22 attempt. For this a detailed counselling session will be held with you early next week so we can discuss which subject to go for and how to plan this time.

2) If you are a CAF student and had not started studying for this attempt or you dropped early in the session this a good chance to appear for 1 or 2 papers in CAF March 22 attempt and ease your journey of CAF. If you are already studying 3 papers and they are going well you should put in full efforts to maintain the momentum of appearing in 3 papers for March 22 attempt.

Best of luck to you all and any questions please do ask!

Important Alert

Students who complete CAF and joining training firms between 1st March 2022 to 1st March 2023 are not required to do PCSC/PPE or Microsoft course.

Important updates from today’s CAF orientation by Jafar Sb

1) CAF students must give minimum 3 papers in any attempt going forward

2) Group restriction of passing 2 papers of Group A to attempt Group B will NOT apply to existing CAF students for next 2 attempts.

3) PCSC (50 hours course) should be completed before February ( including writing skill test in December). Students who do not complete PCSC and pass writing skills test by February will otherwise have to complete PPE which is a 100 hour course. So it is better to complete pcsc now ( orientation is on 30 September in PAC )