EXAMINER’S GENERAL COMMENT The standard of the questions was better and could be compared to those of the earlier years administered. With the exception of Question 2 which was based mainly on the Standards the rest of the questions were also of the required standard. However, the volume of work required was quite involving, looking at the time allocated to the paper. The questions covered all the relevant sections of the syllabus and reflected the weighting of the topics in the syllabus, and it followed a similar pattern in the previous exams. No errors were noted in the paper. The model answers and the marking schemes adopted were good. An alternative presentation to the consolidation in question one and an amendment to the Fixed Assets schedule in question three were presented to avoid any student being disadvantaged. The standard of the paper was good except that the workings were on the high side in all the questions. The mark allocation followed the weightings in the syllabus.

PERFORMANCE OF CANDIDATES More than 80% of the candidates scored less than 35% of the total marks while a few candidates scored as low as 12%. This could be attributed to inadequate preparation by candidates, or the low standard achieved in their previous levels of studies. The general performance of the candidates was far below average. The high level of performance from candidates was concentrated in Kumasi. The low performers were in the rest of the regional centres and the low performers were concentrated in the rest of the regional centres including Accra. There were no signs of copying. The level of preparedness of candidates for the exams was low and this reflected in their poor performance