Financial Accounting WASSCE (PC 2ND), 2020

Candidates' Weakness

 

Some of the observed weaknesses in the candidates’ scripts were:


-  Poor understanding of the rudiments of financial accounting and basic principles of bookkeeping;
-   Inadequate preparation for the examination;
-  Poorly use of English grammar and expressions in explaining points;
-   Wrong placement of values and digits in computations;
-   Posting of entries with wrong narrations and account headings.

Some of these weaknesses were significantly reflected in the questions testing the following topics:

  1.       Cash Book;
  2.       Accounting Ratio;
  3.       Partnership;
  4.       Suspense Account.

                                                                 

    SUGGESTED REMEDIES

- Candidates should improve in the application of accounting principles and fundamentals during practice and preparation for the examination.


-Teachers should place more emphasis on rudiments and practical aspects of the syllabus for teaching and learning Financial Accounting in schools.


- Candidates should prepare very well by covering all aspects of the syllabus before writing the examination.


- Teachers should make use of past question papers during revision exercises for comprehensive exposition on examiners’ requirements for each question

.

-Candidates should improve in their studies to master the appropriate