There may be many reasons making rounds, however, a reliable information from WAEC official has enumerated peculiar Reasons Why Candidates Fail WAEC Financial Accounting 2012. Below are the reasons:

Some of the weaknesses observed were:

  1. Candidates’ inability to answer questions on Branch Account (this was repeated in the previous years).
  2. Lack of understanding of the basic principles of double entry in Financial Accounting.
  3. Inadequate preparation for the examination
  4. Non-coverage of syllabus before registering for the examination

USEFUL TIPS ON HOW TO PASS WAEC

As you can see, some of the reasons are avoidable and you are therefore counselled to take to the remedies while preparing for the next WAEC examination. Below are the remedies….

  1. Teachers should not neglect branch accounting as it is part of the syllabus and it must be taught
  2. The teaching of the basic principles of Financial Accounting must be emphasized in schools,
  3. Candidates’ should prepare very well by covering all aspects of the syllabus before writing the examination,
  4. Candidates’ should read the questions very well in order to understand the requirement of each question,
  5. More time should be devoted to the teaching and learning of English Language in schools.

Candidates’ strength during the Examination

The candidates perform very well in questions testing the following topics:

  1. Dissolution of Partnership
  2. Control Account
  3. Not-For- Profit Making Organization
  4. Public Sectors Accounting

We have specially made you a portable Financial Accounting handbook for each year, CLICK HERE TO DOWNLOAD

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