GENERAL COMMENTS The overall standard of the paper was very good and the performance of the candidates has improved over the previous examination’s performance. However, the performance falls below expectation. STANDARD OF THE PAPER The paper contained five (5) questions with eleven (11) sub-questions and 24 sub-sub questions. The standard of the paper is comparable to previously administered ones. The marks allocated was consistent with the weights assigned in the syllabus. The marks were fairly allocated to each question, sub-questions and sub-sub questions. The questions were clear, unambiguous, free of errors and well typed.

PERFORMANCE OF CANDIDATES The general performance of the candidates in the paper was below expectation, however it was better than the previous examination’s performance. In all 1,380 candidates sat for the paper and 23.26% were successful compared with 9.63% in the previous examination. Performance has therefore improved by 13.63%. This may be explained by the publication of the study manual and question bank of public sector accounting and finance by the Institute.