FINANCIAL REPORTING (PAPER 2.1)

INSTITUTE OF CHARTERED ACCOUNTANT GHANA, ICAG

dc.contributor.author	INSTITUTE OF CHARTERED ACCOUNTANT GHANA, ICAG
dc.date.accessioned	2022-07-25T10:16:33Z
dc.date.available	2022-07-25T10:16:33Z
dc.date.issued	2017-05
dc.identifier.uri	http://41.66.247.10:8080/xmlui/handle/123456789/556
dc.description	STANDARD OF THE PAPER The standard of the questions was good but could not be compared to those of the earlier diets administered in terms of volume of adjustments required. The questions covered all the relevant sections of the syllabus. All the questions reflected the weighting of the topics in the syllabus, and the mark allocations followed a similar pattern in the previous exams. Questions one, three and four were without much complications. Questions 2 and 5 (c) and (d) were on the Accounting Standards and the volumes of work required were commensurate with the allotted time and marks. The questions were not too loaded except questions four and five. For instance, in question four, the number of ratios to be computed and commented on for a 15 mark question was too loaded. There were no ambiguities or typing errors noted in the paper.	en_US
dc.description.abstract	EXAMINER’S GENERAL COMMENTS The general performance of most of the candidates was below average. It showed that they were not prepared and ready for the examination. They showed lack of understanding of the International Financial Reporting Standards and basic double entry principles. Candidates with high understanding of the Accounting Standards scored high marks especially in questions two and five. The orderly and logical presentation of answers continued to be a challenge to most candidates.	en_US
dc.description.sponsorship	ICAG	en_US
dc.language.iso	en	en_US
dc.publisher	ICAG LIBRARY	en_US
dc.relation.ispartofseries	FR;PAPER 2.1
dc.subject	MAY 2017 PROFESSIONAL EXAMINATIONS FINANCIAL REPORTING (PAPER 2.1) CHIEF EXAMINER’S REPORT, QUESTIONS AND MARKING SCHEME ICAG LIBRARY NYARKO TWUM OSBORN ERNEST YAW DENKYIRA	en_US
dc.title	FINANCIAL REPORTING (PAPER 2.1)	en_US
dc.title.alternative	FR PAPER 2.1	en_US
dc.type	Learning Object	en_US