GENERAL COMMENTS The standard of the question paper administered was very good. The question paper was clear, practical, unambiguous and extensive coverage. However, the performance of the candidates was not reflective of the quality of the questions administered. The general performance was below the previous performances. In all, only 18% of the candidates who sat for the paper passed, as against 34% pass rate in the November 2021 examinations. Prospective candidates are encouraged to give the necessary attention to the paper and prepare for it accordingly. STANDARD OF THE PAPER The question paper is made up of five questions, eleven sub-questions and seventeen sub-sub questions. In all, twenty-four test items were put to the candidates. The test items were largely testing understanding (20%), application (65%), analysis (10%) and evaluation (5%) in relation to the Bloom’s Taxonomy (Armstrong, 2016). This is consistent with the learning outcomes set out in the examination syllabus. The standard of the paper is comparable to the previous years. Nevertheless, exam setters are encouraged to explore innovations in making the questions more practical and interactive

PERFORMANCE OF CANDIDATES Despite the impressive quality and standard of the paper, candidates performed poorly. The performance fell below the previous years’ 34%, 23% and 20% in November 2021, May 2021, and November 2020 diets respectively. NOTABLE STRENGTHS & WEAKNESSES OF CANDIDATES Generally, the candidates demonstrated strengths in certain aspects of the subject, as reflected in the responses produced to the questions in those areas. Some of these areas of strength are:  Preparation of financial statement. Question 2 required candidates to prepare financial statements of a transport service agency of government in accordance with the International Public sector Accounting Standards (IPSAS). Most candidates scored above-average marks in this question, indicating their familiarity with financial reporting in the public sector.  Appreciation of accrual policy of accounting. Most candidates demonstrated in depth understanding of the full accrual accounting system in the public sector.  Budget performance reporting. Question 3b tested candidates on how to prepare budget performance report and the question was well answered by most candidates, except that some failed to analyse the budget outturns in the corresponding reports. In spite of the above strengths, candidates were challenged in several other areas which could be attributed to poor preparation for the examinations. The areas of weakness include: