FINANCIAL ACCOUNTING (PAPER 1.1)

INSTITUTE OF CHARTERED ACCOUNTANT GHANA, ICAG

dc.contributor.author	INSTITUTE OF CHARTERED ACCOUNTANT GHANA, ICAG
dc.date.accessioned	2022-07-25T10:35:57Z
dc.date.available	2022-07-25T10:35:57Z
dc.date.issued	2017-11
dc.identifier.uri	http://41.66.247.10:8080/xmlui/handle/123456789/564
dc.description	NOTABLE STRENGTHS & WEAKNESS OF CANDIDATES The strength of most candidates was demonstrated in the question 5 and 7. The most prevalent reasons for some candidates obtaining low marks remains as in previous sittings, i.e. studying only a few selected topics, not reading the question carefully enough, or a lack of structure in the approach to answering questions. There were improper labelling of answers and not reading the question carefully enough, or a lack of structure in the approach to answering questions. There were improper labelling of answers and improper presentation of answers. The overall standard of some answers was disappointing. In particular some candidates showed a poor understanding of bookkeeping across several questions. Few candidates did not attempt the required number of questions, making the achievement of an overall passing mark a challenge. The other areas of weakness around presentation are as follows: • Poor and untidy handwriting • No workings presented for some questions • Some candidates are making calculation errors within workings and thus presenting an incorrect figure in the solution.  Many candidates either did not number their answers or miss-numbered them. This was the case on the cover page too.	en_US
dc.description.abstract	STANDARD OF THE PAPER The standard of the question paper was good and candidates were asked to answer five (5) questions out of seven. The mark allocations followed the weight as stated in the syllabus and marks were allocated to all sub-questions. Question 3 was overloaded. There were no ambiguities in the paper. The questions were clear, well typed and the instructions were also clearly stated. The questions were evenly spread over the topics in the syllabus. The marking scheme was well typed. PERFORMANCE OF CANDIDATES The performance of candidates was above average and better as compared to the previous sitting. Candidates scored 65.5%. High performers were evenly spread across all centres and so also were low performers. There were no signs of copying in any centre. Some candidates exhibited a high sense of preparedness while others were not well prepared and therefore performed poorly.	en_US
dc.description.sponsorship	ICAG	en_US
dc.language.iso	en	en_US
dc.publisher	ICAG LIBRARY	en_US
dc.relation.ispartofseries	FA;PAPER 1.1
dc.subject	NOVEMBER 2017 PROFESSIONAL EXAMINATIONS FINANCIAL ACCOUNTING (PAPER 1.1) CHIEF EXAMINER’S REPORT, QUESTIONS AND MARKING SCHEME ICAG LIBRARY NYARKO TWUM OSBORN ERNEST YAW DENKYIRA	en_US
dc.title	FINANCIAL ACCOUNTING (PAPER 1.1)	en_US
dc.title.alternative	FA PAPER 1.1	en_US
dc.type	Learning Object	en_US