http://41.66.247.10:8080/xmlui/handle/123456789/83 MAY 2016 PAST QUESTION AND SOLUTIONS 2026-04-29T02:08:22Z http://41.66.247.10:8080/xmlui/handle/123456789/590 TAXATION & FISCAL POLICY (PAPER 3.4) INSTITUTE OF CHARTERED ACCOUNTANT GHANA, ICAG EXAMINER’S REPORT STANDARD OF THE PAPER The standard of the paper compared favourably with most of the diets administered in the previous sessions. The questions were based on the syllabus and also were within the capability of the candidates GENERAL PERFORMANCE OF CANDIDATES The general performance of the candidates were above average. One could observe that some candidates did not prepare adequately for the exanimation. Some candidates seemed not to have properly grasped the basic principles of taxation. Candidates are probably engaged in self tuitioning. Some of the candidates performed so poorly and as such could be said to be woefully below average. No signs of copying were observed 2016-04-01T00:00:00Z INSTITUTE OF CHARTERED ACCOUNTANT GHANA, ICAG EXAMINER’S REPORT STANDARD OF THE PAPER The standard of the paper compared favourably with most of the diets administered in the previous sessions. The questions were based on the syllabus and also were within the capability of the candidates http://41.66.247.10:8080/xmlui/handle/123456789/589 CORPORATE REPORTING (PAPER 3.1) INSTITUTE OF CHARTERED ACCOUNTANT GHANA, ICAG EXAMINER’S REPORT STANDARD OF THE PAPER This paper covered all the topics in the syllabus. The syllabus weightings were fairly respected in this diet. The questions were spread well enough to cover all areas of the syllabus. GENERAL PERFORMANCE Generally, there was improvement in performance as compared to previous diets. However, performance in centres outside Accra was generally poor. ICAG should consider providing tuition for students in those locations. ICAG should organise orientation sessions for students to make them aware of the current nature and trend of corporate reporting requirements. There was no similarity of answers to suggest any possible copying. 2016-05-01T00:00:00Z INSTITUTE OF CHARTERED ACCOUNTANT GHANA, ICAG EXAMINER’S REPORT STANDARD OF THE PAPER This paper covered all the topics in the syllabus. The syllabus weightings were fairly respected in this diet. The questions were spread well enough to cover all areas of the syllabus. http://41.66.247.10:8080/xmlui/handle/123456789/588 ADVANCED FINANCIAL MANAGEMENT (PAPER 3.3) INSTITUTE OF CHARTERED ACCOUNTANT GHANA, ICAG MAY 2016 PROFESSIONAL EXAMINATION ADVANCED FINANCIAL MANAGEMENT (3.3) QUESTIONS AND MARKING SCHEME MAY 2016 PROFESSIONAL EXAMINATION ADVANCED FINANCIAL MANAGEMENT (3.3) QUESTIONS AND MARKING SCHEME 2016-05-01T00:00:00Z INSTITUTE OF CHARTERED ACCOUNTANT GHANA, ICAG MAY 2016 PROFESSIONAL EXAMINATION ADVANCED FINANCIAL MANAGEMENT (3.3) QUESTIONS AND MARKING SCHEME http://41.66.247.10:8080/xmlui/handle/123456789/587 ADVANCED AUDIT & ASSURANCE (PAPER 3.2) INSTITUTE OF CHARTERED ACCOUNTANT GHANA, ICAG EXAMINER’S REPORT STANDARD OF THE PAPER The questions were featured from all the nine sections of the syllabus. The marks allocation was also done strictly in accordance with the syllabus weighting as reflected in the chart below. SECTIONS OF SYLLABUS COVERAGE AND WEIGHTING SECTIONS A B C D E F G H I TOTAL SYLLABUS WEIGHTING (%) 10 10 10 20 10 10 10 10 10 100 MARKS ALLOTED TO QUESTIONS 10 10 10 20 10 10 10 10 10 100 The solutions were very detailed and responded adequately to the requirements of the questions. The marking scheme was structured fairly to the advantage of candidates PERFORMANCE OF CANDIDATES Performance in the paper fell far below expectation. Candidates demonstrated that they did not prepare adequately and therefore lacked required knowledge to answer the questions correctly. Answers provided did not respond to the requirements of the questions. While many candidates wrote ‘auditing’, they did not answer the questions. However, the approach to the questions, the style of writing and use of language indicated that candidates did individual work and there was no sign of copy work among candidates. 2016-05-01T00:00:00Z INSTITUTE OF CHARTERED ACCOUNTANT GHANA, ICAG EXAMINER’S REPORT STANDARD OF THE PAPER The questions were featured from all the nine sections of the syllabus. The marks allocation was also done strictly in accordance with the syllabus weighting as reflected in the chart below. SECTIONS OF SYLLABUS COVERAGE AND WEIGHTING SECTIONS A B C D E F G H I TOTAL SYLLABUS WEIGHTING (%) 10 10 10 20 10 10 10 10 10 100 MARKS ALLOTED TO QUESTIONS 10 10 10 20 10 10 10 10 10 100 The solutions were very detailed and responded adequately to the requirements of the questions. The marking scheme was structured fairly to the advantage of candidates