CA - PRC
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Pre Requisite Competencies (PRC)
In the field of Chartered Accountancy (CA) in Pakistan, Pre-Requisite Competencies (PRC) refers to a set of skills and knowledge that candidates must possess before they can progress to more advanced stages of their professional training. These competencies are essential for ensuring that aspiring CAs have a strong foundation in key areas such as accounting principles, auditing standards, taxation laws, and business ethics. The PRC is designed to equip students with the necessary tools to excel in their future careers, making them well-prepared for the challenges they will face in the professional world.
Importance of PRC in CA Education
The PRC framework is integral to the Chartered Accountancy curriculum as it sets the standard for the minimum level of competence required from students before they advance to higher levels of study or professional practice. By mastering these competencies, CA students demonstrate their readiness to handle more complex financial scenarios and contribute effectively to the business environment. This rigorous preparation ensures that Chartered Accountants maintain high standards of professional excellence and integrity, which are critical in maintaining public trust in financial reporting and auditing practices.
Exam Structure
Pre Requisite Competencies (PRC)
- PRC 1 - Business Writing And Comprehension Skills
- PRC 2 - Quantitative Methods
- PRC 3 - Principle of Economics
- PRC 4 - Introduction To Accounting
- PRC 5 - Introduction To Business
Department Contact
- 10 B & 11 Aibak Block,
- Garden Town, Lahore
- +(92) 300 788 1403
- info@cfecollege.edu.pk
- Mon - Fri : 08:00 - 18:00
