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Description
Master Your ICAP PRC-1 Preparation with 1,000+ Practice Questions
Prepare confidently for the ICAP PRC-1 Fundamentals of Accounting examination with CA PRC-1 Fundamentals of Accounting Volume 2 (3rd Edition) by H.M. Umer Chaudhry (CA Affiliate). Published by Crescent College of Accountancy, this comprehensive practice book is fully updated according to the 2025 ICAP Education Scheme and is specifically designed to help students excel in PRC-1 through extensive chapter-wise MCQs, conceptual questions, theoretical questions, and past paper practice.
This book follows the latest ICAP testing pattern and includes approximately 1,000 carefully selected practice questions covering every important topic from the PRC-1 syllabus. Whether you are preparing for your first attempt or revising before exams, this book provides everything you need for effective practice.
Why Choose This Book?
Unlike ordinary question banks, this book is designed to strengthen both conceptual understanding and exam-solving skills.
Key Features
- ✅ Updated according to the 2025 ICAP Education Scheme
- ✅ Chapter-wise Multiple Choice Questions (MCQs)
- ✅ Questions based on the latest ICAP examination pattern
- ✅ Self-developed questions extracted from the ICAP Study Text
- ✅ Feedback and Past Paper Questions
- ✅ Questions from important areas that have not yet been tested
- ✅ Strong emphasis on theoretical and conceptual learning
- ✅ Approximately 1,000 practice questions
- ✅ Ideal for classroom learning, self-study, and exam revision
Contents
The book comprehensively covers the following PRC-1 topics:
- Accounting Heads & Accounting Equation
- Double Entry, Ledgers and Trial Balance
- Basics of Financial Statements & Theoretical Portion
- Accruals and Prepayments
- Bad & Doubtful Debts
- Depreciation
- IAS-2: Inventories
- Correction of Errors
- Bank Reconciliation Statements
- Preparation of Financial Statements
- Books of Prime Entry & Miscellaneous Concepts
- Assignments & Feedback Questions
Is This Book Enough for PRC-1 Preparation?
Yes.
According to the author, this book contains sufficient practice material for PRC-1 examinations. Every important concept from the ICAP Study Text has been incorporated into the practice questions.
For the best results, students are advised to use this book alongside Volume 1 (Study Notes) by the same author. Volume 1 explains the concepts, while Volume 2 provides extensive exam-oriented practice.
Suggested Study Plan
For maximum success in ICAP PRC-1:
- Study all concepts from Volume 1 Study Notes.
- Practice chapter-wise questions from Volume 2.
- Solve instructor-recommended questions thoroughly.
- Attempt weekly tests, assessments, and mock exams.
- Follow the final revision plan before the examination.
Consistent study and regular practice will significantly improve your chances of passing the examination.
About the Author
H.M. Umer Chaudhry (CA Affiliate) is an Affiliate Member of the Institute of Chartered Accountants of Pakistan (ICAP).
His professional background includes:
- Completed 3.5 years of mandatory training with KPMG & Co. (Lahore)
- Worked at managerial level with KPMG Taseer Hadi & Co.
- Served in an Audit Supervisory role at KPMG Abu Dhabi
- Director at Bizcon Corporate & Consultants
- Faculty Member at Crescent College of Accountancy
He teaches several accounting and financial reporting subjects for ICAP and ACCA students, including:
- PRC-04 Introduction to Accounting
- CAF-01 Financial Accounting & Reporting
- FA1
- FA2
- FFA (F3)
- FR (F7)
Notable Achievements
- Student secured PRC Merit Certificate (May 2026 Attempt)
- Students achieved Overall CAF Merit Certificates (Spring 2026)
- Students earned ACCA Certificates of Achievement in FFA (F3)
Who Should Buy This Book?
This book is highly recommended for:
- ICAP PRC-1 Students
- CA Foundation Students
- Accounting Beginners
- Students preparing for ICAP examinations
- Coaching institute students
- Self-study candidates
Product Specifications
| Feature | Details |
|---|---|
| Title | CA PRC-1 Fundamentals of Accounting Volume 2 |
| Edition | 3rd Edition |
| Author | H.M. Umer Chaudhry |
| Publisher | Crescent College of Accountancy |
| Subject | Fundamentals of Accounting |
| Qualification | ICAP CA PRC-1 |
| Updated | As Per 2025 Education Scheme |
| Practice Questions | Approximately 1,000 |
| Language | English |
| Book Type | Practice Question Book |
CONDITION
new
cbpbook.com offers ca prc 1 fundamentals of accounting v-2 3rd ed by h m umer chaudhry – crescent buy online with best lowest price in Pakistan with fast shipping in all major cites of Pakistan including Karachi, Rawalpindi, Sialkot, Islamabad, Gujranwala, Hyderabad, Faisalabad, Quetta, Peshawar, Multan, Larkana, Lahore, Abbotabad, Sargodha, Sukkur and many more cities in Pakistan.
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