Who to turn to for exam tips if not Examiners themselves? They know what they have examined over the years and why, they know where most students show weaknesses & they definitely know what you can do to increase your chances of passing your exams.
Now how do you increase your chances of passing your Accounting exam with flying colours? Tips below are from the examining team which you may also access from the Ecol website - https://www.examscouncil.org.ls/web/index
•Know your question verbs. When the question says “state” you should “state” not explain.
•Cash book questions, when the question says update you should update & not re-write the cash book.
•Ratio questions continue to be poorly answered, candidates should learn how to use appropriate information for calculating ratios and to comment on the rations giving suggestions & recommendation.
•Candidates should be able to differentiate between returns inwards & outwards in relation & purchases.
•Candidates should be careful only the increase or decrease goes to Income statement in the case of Provision for doubtful debts.
•All parts of the syllabus are important & can be examined, give them a fair attempt. The tips include but are not limited to the one’s mentioned here, and as always practice of exam standard questions remains key.
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