GENERAL PERFORMANCE The performance of candidates was better compared to the previous sittings. A good number of candidates exhibited a high sense of preparedness while others were not well prepared. The strength of most candidates was demonstrated in the Income Statement and the Statement of Financial Position. Candidates generally scored better in question seven than in the other questions. The level of comprehension of candidates in the preparation Income Statement and Statement of Financial Position was good.

STANDARD OF THE PAPER The standard of the question paper was good and candidates were asked to answer five (5) questions out of seven (7) question. The questions were clear, well typed and the instructions were also clearly stated. There were no ambiguities in the paper. The mark allocations followed the weight as stated in the syllabus and marks were allocated to each sub-questions. The questions were evenly spread over the topics in the syllabus. The marking scheme was well typed out.