
PRC-4 Introduction to Accounting by Sir Nasir Vohra
This course is part of the PRC Module
Students already enrolled: 10,000+

Nasir Vohra
Instructor
Fee: Rs 10,000
Feedbacks
1am a pre-engineering background student and to be honest sir Nasir Vohra was the best Ita teacher. His smart. Classes were up to the mark. He literally answered my queries within a minute and even late night. His style of teaching and explanation is brilliant. I am not exaggerating but 1 would highly recommend him for Ita.
Sir Nasir Vohra is a legend in accounting. His teaching skills are outstanding. His teaching method is really very helpful for every student but blessings for beginner like me who belongs to medical background. During lecture he cleared all concepts in such a way that there left no need to rec ap lecture. May Allah enrich him with more skills and bless him with good health.
Sir Nasir Vohra is indeed a gem. His teaching style is so good, effective and student friendly specially I’m a big fan of the jokes he cracks instantly while teaching in a serious mood. I wish sir Nasir Vohra and IQ school of finance a very good luck for future and thank you so much for the initiative of smart classes.
Sincere gratitude to sir Nasir Vohra for his remarkable guidance and support in assisting students in passing the prc-4 Ita exam on their first attempt. His skill to simplify complex ideas into lessons that are simply easy to grasp has been really outstanding. Sir Nasir’s approach to teaching, coupled with his kindness and motivation, has been instrumental in making his students' learning process a valuable one. His passion for learning and devotion to student achievement are attributes that make him an exceptional teacher
What you will Learn
This course covers essential topics and concepts that are fundamental to the field of accounting.
Course Content
Accounting and Book Keeping:
1.Describe accounting and book keeping.
2.Discuss elements of financial statements.
3. Account for financial transactions in books of prime entry, factory ledger and general ledger.
4. Compute and account for adjustments for bad debts and doubtful, accrued expenses and prepayment.
5. Prepare trial balance.
6. Prepare bank reconciliation statements and make corrections in books of accounts.
Financial Statements:
- Prepare manufacturing account.
- Prepare a statement of comprehensive income.
- Prepare a statement of financial position.
Depreciation and Inventories:
- Calculate cost and net realizable value of inventory.
- Compute depreciation.
- Account for the given amount of depreciation.
Additional Content
- IAS 1 - Presentation of Financial Statements
- Inventories
- IAS 16 - Property, plant and equipment
