How To Pass PRC-01 FOA (New Scheme) | MCQs + Long Question

PRC-1 Fundamentals of Accounting | Complete Exam Guidance | MCQs + Long Question (ICAP) This complete PRC-1 guidance video is made for CA Foundation / PRC students who want to clear PRC-1 Fundamentals of Accounting in first attempt with concept clarity and exam confidence. This video is fully aligned with ICAP syllabus and is based on: ✔ Recent PRC-1 exam trends ✔ Real student feedback from latest attempts ✔ ICAP MCQ testing patterns ✔ Most frequently tested chapters & numericals If you are confused about where to study from, what to focus on, and how ICAP actually tests PRC-1, this video is for you. ⸻ 📘 What This PRC-1 Video Covers (Chapter-Wise) ✅ PRC-1 Paper Pattern (ICAP) • PRC-1 Fundamentals of Accounting – 100 marks • 40 MCQs × 2 marks = 80 marks • 1 Long Question = 20 marks • How MCQs decide your final result ✅ Accounting Basics (Chapter 1–3) ✅ Accruals & Prepayments ✅ Bad & Doubtful Debts ✅ Depreciation & PPE (IAS-16) ✅ Inventory (IAS-2) ✅ Bank Reconciliation Statement (BRS) ✅ Correction of Errors ✅ Final Accounts – Long Question (20 Marks) ⸻ TIMESTAMPS: 00:00 Into 01:13 Paper Pattern 3:47 Chapter 1 7:08 Chapter 2 8:45 Chapter 3 12:51 Chapter 4 14:12 Chapter 5 17:15 Chapter 6 20:44 Chapter 7 25:07 Chapter 8 26:52 Chapter 9 29:02 Chapter 10 36:28 Tips to Attempt MCQs 38:47 Time Allocation Between MCQs & Long Question 40:04 Things To Carry in Exam Hall 42:21 Advice About Proper Sleep 41:33 Advice About Breakfast 44:42 Funny Blunder Which I did in My Exams 🤣🤣 47:06 Assignment Recommendation 47:22 Question Bank Pracrice 🎯 Who Should Watch This Video? ✔ PRC-1 / CA Foundation students ✔ Students attempting PRC-1 for the first time ✔ Repeat students struggling with MCQs ✔ Anyone looking for ICAP-oriented preparation ⸻ 🔑 Why This Video Is Different • Based on actual PRC-1 exam feedback • Focuses on how ICAP sets MCQs • Explains concepts + examiner mindset • Covers entire syllabus in one video ⸻ 📌 How to Use This Video 1️⃣ Watch once for overall understanding 2️⃣ Rewatch before exam for revision 3️⃣ Practice MCQs after each chapter 4️⃣ Focus more on bad debts, accruals, inventory & final accounts #PRC #castudents #castudents #PRC1Accounting #FundamentalsOfAccounting #ICAP #CAFoundation #CAAccounting #AccountingBasics #ICAPPRC #CAStudentsPakistan