Candidates' Weaknesses
Some of the weaknesses observed were:
- Candidates’ inability to answer question in bank reconciliation statement, classification of accounting ratios and manufacturing accounting terms;
- Lack of proper understanding of the basic principles of accounting;
- Non-coverage of syllabus before registering for the examination;
- Inadequate preparation for the examination;
- Candidates make used of abbreviation like B.S for (Balance Sheet),
C. L. for (current Liability) F. A. for (Fixed Asset), etc.;
- poorly used of English Language in explaining their points.
SUGGESTED REMEDIES
- The teaching of the basic principles of Financial Accounting must be emphasized in schools.
- Candidates should prepare very well by covering all aspects of the syllabus before writing the examination.
- Teachers should make use of past question papers as a revision exercise and educate the candidates on what is required for each question.
- Qualified teachers should be employed to teach the subject.
- Candidates should be taught to write in full instead of abbreviations.