PRC-3 Business and Economic Insights By Sir Owais Kasmani

This course is part of the PRC Module

Students already enrolled: 10,000+

Fee: Rs 14,999

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Dear sir Owais kasmani I want to express my heartfelt appreciation for the teaching & guidance you have provided. your dedication, passion and expertise have made a significant impact on my learning journey.Your encouragement has helped me build Confidence and achieve a deeper understanding of the subject matter.

HATEEZ NOOR

I am extremely satisfied with the guidance and support I received from IQSF, especially sir Owais kasmani, portal was an excellent resource for learning My experience with IQSF has been outstanding. I have learned a create deal and feel well prepared for my PRC exams. I highly recommend IQSF to anyone pursuing a ca career.

SHAHZAIB ULLAH

I am very grateful to all team of prc, especially sir Owais are great teacher. Your teaching methodology is marvelous and admirable. In my opinion, no one can compete you in your subjects.I appreciate the way you create a supportive learning environment where everyone feels comfortable asking questions. Your encouragement has made a big difference you truly care about your student's success, and it shows.

LAIBA

Thank you sir ovais kasmani for amazing prc 5 lectures. Smart classes are time saver and i was able to clear the exam with smart classes in one go. The lectures contained in depth understanding of all concepts.

AYESHA KHAN

puts in a lot of effort for his students he arranges workshops, conducts extra classes, and continues teaching until everything is fully understood. He makes every effort to clear students concepts. Over all it was a good experience with IQSF.

SAQIB

What you will Learn

This course is designed to equip future chartered accountants with the knowledge and skills necessary to understand how businesses operate and make informed financial and strategic decisions.

Course Content

A. Business Organizations

1-Discuss the business and it's long term vision and objectives.
2-Explain the concept of sole proprietorship, partnerships, private, public limited and public sector companies.
3-Describe key features of general laws that govern partnership and limited companies.

B. Business Operations

1-Explain functional, divisional, matrix and virtual organizational structure.
2-Discuss the fundamentals of recruitment, development and retention of human sources.
3-Elaborate on the level, role and types of information systems.
4-Discuss concepts of branding, marketing and selling.
5-Understand the difference between conventional and Islamic banking.

C- Business Finance and Ethics

1-Identify various sources of financing available to a limited company.
2-Apply the concept of financial leverage to business scenarios.
3-Explain the nature of ethics for business decisions.
4-Discuss the importance of core values for a business organization.

D- Economic Principles and Micro Economics

1-Define basic economics concept.
2-Discuss the production possibility frontier and it's relevant.
3-Discuss features of planned, mixed, market economy and Islamic economic system.
4-Discuss the law of demand.
5-Discuss the law of supply.
6-Discuss market equilibrium and its dynamics.
7-Discuss the elasticity of demand and supply.
8-Describe basic concepts of the firm's costs and revenue.
9-Discuss short and long- run equilibrium of firms.

E- Macroeconomics - Basic Concepts

1-Discuss the measurement of national income, nominal and real gross domestic product, gross national product, net national product, personal income and disposable personal income per capita.
2-Explain the functions of consumption, saving and investment.
3-Basic concepts of multiplier and accelerator principle.
4-Discuss the different phases of the business cycle and the indicators.

F- Economic Policy and Trends

1-Discuss the nature and objectives of taxation.
2-Discuss the kinds and objectives of fiscal policy.
3-Discuss the concepts associated with money and banking.
4-Define the functions of a central bank and the role of the State bank of Pakistan.
5-Define monetary policy and its objectives.
6-Discuss inflation, its causes, measurement and impact.
7-State unemployment and its types.
8-Discuss the balance of payment and trade and their trends in Pakistan.

Additional Content

1-Properties of Production Possibility Frontier.
2-Demand and supply
3-Buffer stock
4-Accounting and economic profit
5-Output gaps
6-Keyne's Multiplier and Accelerator principles
7-Keynesian Liquidity Preference Model
8-Short run Philips Curve

Meet Ovais Kasmani, a dynamic and engaging educator within the CA Fraternity. With a teaching career since 2019, Ovais has been consistently delivering high-quality lectures across a diverse range of subjects, encompassing CA, Bachelor's, and various professional qualifications. His academic achievements include dual master's degrees in International Relations and Business Administration (Marketing).