EXAMINER’S GENERAL COMMENTS The Taxation and Fiscal Policy Paper was very clear as to the requirement of answers demanded from students. The quality of the paper was very commendable. The spread of the questions across the entire spectrum of the syllabus was also quite commendable and demonstrated that -- The Institute of Chartered Accountants (Ghana) is committed to quality standard in its examination processes. Any serious student who applied a little effort could pass the paper easily. The reverse is true. Given the spread and the appropriate level of difficulty of the paper, the expectation should have been an impressive performance but that did not happen as some students gave the examiners cause to think that the preparation towards the examination was inadequate. The Institute should continue to maintain standards in the setting of the examination questions. The paper was designed to help an average student be able to pass the examination easily. The marks allocated are proportionate to the level of difficulty and the standard of question known for this kind of paper. A good student who prepared adequately for this paper was sure to pass and pass well. The paper took note of the level of students and its appropriateness for the final level. What was remarkable for me is that the paper was properly strewn across the entire syllabus so as not to disadvantage any serious and focused candidate. The standard of the paper was very good and followed normal pattern. The type setting of the paper was quite good and made reading very easy. The clarity of the questions were impressive and did not leave any one in doubt as to the requirement of the questions.

STANDARD OF PAPER The standard of the paper was high, appropriate and applicable to the final level paper and comparable to any final level professional taxation paper anywhere across the globe. Over the years, the Taxation and Fiscal Policy Paper has maintained the high standard depicting a final level paper of a comparable standard much to the admiration of the Examiners (Script Markers). The questions were properly selected to ensure that an average student who prepared well was sure to pass. On the flipside, a lazy student who selected few areas of the syllabus to study was sure to perform poorly. The marks allocated for each question was very appropriate as the marks took account of the level of difficulty of the questions and the demands of the Institute from students