Candidates' Weaknesses
Some of the weaknesses observed were:
-        Candidates’ inability to answer question  in bank reconciliation statement, classification of accounting ratios and  manufacturing accounting terms;
      -        Lack  of proper understanding of the basic principles of accounting;
      -        Non-coverage  of syllabus before registering for the examination;
      -        Inadequate preparation for the  examination;
      -        Candidates  make used of abbreviation like B.S for (Balance Sheet), 
      C. L. for (current  Liability) F. A. for (Fixed Asset), etc.; 
      -        poorly  used of English Language in explaining their points.
SUGGESTED REMEDIES
-        The teaching of the basic principles of  Financial Accounting must be emphasized 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 as a revision exercise and educate the candidates on what is  required for each question.
      -        Qualified teachers should be employed to  teach the subject.
      -        Candidates should be taught to write in  full instead of abbreviations.