Financial Accounting WASSCE (SCHOOL CANDIDATES), 2019

CANDIDATES’ WEAKNESSES


The candidates performed poorly in questions testing the following topics:

  • End of year adjustments;

  • Petty cash book;

  • Branch and departmental accounts;

  • Partnership accounts;

  • Journal entries and suspense account.


  • Some of the weaknesses observed were:


  • Candidates’ inability to interpret questions correctly;

  • Inadequate preparation for the examination as reflected in lack of proper understanding of the basic principles of accounting;

  • Poor expression, scrawled handwriting and disorderly presentation of points;

  • The use of unapproved abbreviations such as COGS for cost of goods sold, AS for average stock etc;

  • Poor knowledge of the procedures involved in accounting as majority of the candidates prepared accounts without headings while some failed to state narrations as required in some questions;

  • Candidates’ failure to adhere to rubrics and instructions.

  • SUGGESTED REMEDIES


  • Candidates should prepare properly for examinations and be conversant with accounting terminologies and definitions.

  • The teaching of the basic principles of Financial Accounting must be emphasized in schools with emphasis on the rudiments of accounting practice and the rudiments of posting and entries.

  • Candidates should prepare very well by covering all aspects of the syllabus before writing the examination.

  • Teachers should make use of past question papers for revision exercise in preparing for examinations.

  • Qualified teachers should be employed to teach the subject in schools.

  • Candidates should be taught to write in full instead of abbreviations and teachers should discourage the use of unapproved abbreviations in their answers to questions.