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Foreword & Acknowledgement ……………………………………… (i)
CHAPTER VI The
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……………......................... 133
133
FOREWORD AND ACKNOWLEDGEMENT
________________
The phased out syllabi were tested for the first time in 2008. According to the Board‟s
Examination and Training By-laws, there is a requirement to review the syllabi for both
Accounting Technician and Professional examination schemes after every five years. The
current syllabi which have been tested for the third time this session were launched on 2nd
June 2014. These syllabi are different from the phased out ones. One of the major differences
is the outcome and results objectives of the syllabi. The current syllabi have been developed
in terms of competence based as opposed to knowledge (contents) based approach.
It should be noted that courses and programmes which were reflected in the former syllabi
concentrated on the gaining of knowledge and theory and somehow neglected performance
issues.
The move from the old syllabi has been heavily influenced by the changing environment,
demand by employers and business practices.
The introduction of competence based syllabi came up with fewer subjects: The Accounting
Technician Level has eight subjects as opposed to the phased out syllabus which had nine
subjects while the Professional syllabus has fifteen instead of twenty subjects.
The revised Accounting Technician syllabus continued to maintain a two level structure of
four subjects in each level; ATEC I and ATEC II as detailed below.
Code Name
Accounting Technician Level I
T01 Book keeping and Accounts
T02 Elements of Business Maths & Statistics
T03 Introduction to Information and Communication Technology
T.04 Business Communication Skills
i
In total the Professional Examination Scheme have 15 instead 20 subjects in the phased out
scheme as shown hereunder:
Foundation (Knowledge and Skills Level)
Exam Subject Name
Code
A1 Quantitative Techniques
A2 Business and Management
A3 Accounting
A4 Business Information
A5 Business Law
(a) Review of Examination and Training By-laws to reflect the new syllabi
The Board has been forced to review the Examination and Training By-laws. The revised
Examination and Training by-laws has included among others the following provisions:-
Retaining of a passed grade in an examination, „pass one and keep one‟
Exemption granted on subject to subject basis in the Accounting Technician and
Foundation levels
A requirement for any foreign qualification to do CPA examination papers on law
and taxation, save for the East African Community Countries‟ professional
qualifications which their requirement have been provided in a Mutual
Recognition Agreement (MRA)
ii
Sanctions and penalties (to cover everybody associated with examination
procedures)
Examination rules and procedures
Establishment of Examination Disciplinary Committee
The scheme aims at ensuring that candidates under the current examination scheme are
fairly placed in the revised syllabi by considering the subject papers that have already
been passed so that they can get exemption (a credit) on them.
(d) Learning Materials: For effective implementation of the new syllabi NBAA has
introduced learning materials for each subject. A candidate who applies for the
examination for the first time is provided with a package of learning materials for the
respective subject(s). This has been taken as one way of improving candidates‟
performance in the Board‟s examinations. Although candidates are supposed to also read
other books, the learning materials that have been prepared are used to guide and give
them a direct focus on what ought to be covered in a respective subject.
ACCOUNTING MANPOWER
Since the inception of the Accounting Technician examinations the Board has been able to
produce 13,861 Accounting Technicians. This category of Accounting Technicians covers 3,607
Accounting Technicians Certificate (ATEC) graduates, 2,971 Basic Book-keeping Certificate
(BBC) graduates, 5,746 National Book-keeping Certificate (NABOCE) graduates and 1,537
National Accountancy Diploma (NAD) graduates.
The Board has also been able to produce 6,885 CPA (T) graduates since it started conducting
these examinations in May, 1975. In total, the Board has been able to produce 20,746 accounting
personnel (manpower) of different levels and categories serving both in public and private sectors
inside and outside Tanzania.
iii
EXAMINATION CENTRES
During the 82nd examination session, examinations were held in 11examination centres located in
Tanzania Mainland and Zanzibar. These centres accommodated 5,679 candidates sitting at
different levels of the Board‟s examinations. The examination centres were as shown here below:
Upcountry centres
1. Arusha- Institute of Accountancy Arusha (IAA)
2. Dodoma- CBE – College of Business Education
3. Kilimanjaro -Young Men Christian Association (YMCA) Moshi
4. Mbeya- Mkapa Conference Centre
5. Morogoro- CCT Women‟s Training Centre
6. Mwanza- Gold Crest Hotel
7. Tanga- St. Joseph‟s Commercial School (SJCS) – Tanga
8. Zanzibar- Chuo cha Elimu Mbadala - Zanzibar
Analysis of the examination performance is presented in Table 5 of this report while a detailed
analysis indicating the performance of candidates registered by the recognized Tuition Providers
is shown in Tables 15.1 to 15.5 of the report. Comments and observations in the Examiners' and
Performance Report are supported by relevant statistical analysis of the candidates' performance
in each examination layer.
The last chapter of the Report comprises a list of prizes offered by NBAA and other award donor
institutions. These prizes will be awarded to candidates who have excelled in their examinations
during the graduation ceremony to be held in October 2016.
iv
ACKNOWLEDGEMENT
On behalf of the Board and on my own behalf, I wish to convey my very sincere appreciation to
all persons who willingly supported the Board in this demanding professional task. I am indeed
particularly thankful to the Board‟s Examiners, Markers, Invigilators, the Board‟s Secretariat, the
Education and Publications Committee and the Governing Board for their much appreciated co-
operation during the whole process of the NBAA‟s 82nd examination session.
Once again, I would like to reiterate that the Examiners' Report is prepared to help trainers and
the Board‟s candidates to improve on their future performance by learning from previous
mistakes. I, therefore, call upon readers of this Report to come up with constructive suggestions
on how to improve further the examination process and reports arising therein.
Yours sincerely,
Pius A. Maneno
EXECUTIVE DIRECTOR
v
EXECUTIVE SUMMARY TO THE 82nd EXAMINATION SESSION – NOVEMBER 2015
1.0 PREAMBLE:
The Board conducts its examinations twice in a year during the months of May and
November. This session is the 82nd examination session in which the examinations were
conducted from Tuesday 3rd to Friday 6th November 2015.
There were 6,404 candidates who applied for the examinations, out of whom 725 (11.3%)
were absent, 5,679 sat for the examinations at different levels. The candidature
distribution this session is as shown below:
vi
2.0 TREND OF THE EXAMINATION CANDIDATURE
2.1 Candidature Exam Sitting
Candidature enrolment this session has slightly decreased by 107 candidates
(1.9%) compared with the November 2014 examination session. There were
5,679 candidates who sat for the November 2015 examinations against 5,786
candidates who sat for the November 2014 examinations.
Table 1 and Graph 1 show candidature trend (candidates who sat for the
examinations) for the six examination sessions: May 2013 to November 2015.
Table 1
EXAMINATION CANDIDATURE TREND FOR THE PRECEDING SIX EXAMINATION
SESSIONS MAY 2013 TO NOVEMBER 2015
78th Session November, 2013 111 162 59 125 168 83 2,556 1,487 4,751
80th Session November, 2014 159 125 372 3,109 2,021 5,786
81st Session May, 2015 159 119 365 3,163 2,011 5,817
82nd Session November, 2015 111 134 364 3,114 1956 5,679
vii
2.2 Candidature Distribution – November 2015
Candidature distribution for the November 2015 examination session shows that majority
of the candidates who sat for these examinations were in the Intermediate level
examinations.
ATEC I , 111, 2%
ATEC II , 134, 2%
INTERMEDIATE,
3,114, 55%
Candidature in Intermediate level is highest as most of the candidates who enrol at this
level are those who have completed a three years‟ bachelor degree programme or its
equivalent in accounting and enjoy exemptions to sit for the Intermediate Level
examinations. Currently, the Board has recognized 19 accountancy training institutions
whose programmes enjoy such exemption. A tertiary institution which offers bachelor
degree courses related to accountancy courses has to apply to NBAA for its graduands to
be given exemption in the Board‟s examinations.
Furthermore, majority of the candidates at this level were those who sat for B5-
Performance Management subject who were referred in P19 Management Accounting in
the previous syllabus. Out of 3,114 candidates who sat for the Intermediate Level
examinations 2,783 (89.4%) sat for Performance Management subject.
viii
3.0 EXAMINATION PERFORMANCE
3.1 Pass rates for examination levels tested in November 2015
Table 2 (i) below shows pass rates in November 2015 examination session
EXAMINATION LEVEL NUMBER OF PASSES PERCENTAGE
ATEC I
Passed 31 27.9
Part passed 41 36.9
ATEC II
Passed 37 27.6
Part passed 49 36.6
FOUNDATION
Passed 152 41.8
Part passed 133 36.5
INTERMEDIATE
Passed 426 13.7
Part passed 1,050 37.7
FINAL
Passed 167 8.5
Part passed 594 30.4
TOTAL PASSES
Passed 813 14.3
Part passed 1,867 32.9
NOTE:
Among the candidates who passed Intermediate and Final Levels there were two (02)
candidates with foreign qualifications.
Table (ii) below shows number of candidates with foreign CPA equivalent
qualification who sat and cleared the subjects with local contents
Subject Number of entries
A5 Business Law 00
B4 Public Finance and Taxation I 01
C4 Public Finance and Taxation II 02
These candidates are eligible for the award of letters of success and certificates to enable
them register as NBAA members.
ix
3.2 Examination Performance by Gender:
Examination performance by gender in the five examination levels is as indicated on Table 3 below:
Foundation
105 69 47 31 152 100 82 62 51 38 133 100 42 53 79 100 42 53% 224 62 140 38 364 100
Level
Intermediate
286 67 140 33 426 100 625 60 425 40 1050 100 582 36 1638 100 582 36% 1967 63 1147 37 3114 100
Level
Final Level 97 58 70 42 167 100 383 64 211 36 594 100 417 35 1195 100 417 35% 1258 64 698 36 1956 100
TOTAL 531 65 282 35 813 100 1145 61 722 39 1867 100 1078 36 2999 100 1078 36% 3597 63 2082 37 5679 100
x
CHAPTER I
ANALYSIS OF CANDIDATES’ PERFORMANCE IN THE
82ND EXAMINATION SESSION – NOVEMBER 2015
The Accounting Technician examinations consist of four subjects. These subjects were tested for
the third time this session following the review of the examination structure and syllabi.
In this examination, 145 candidates registered themselves for the examination out of whom 11
(7.6%) candidates were absent. Of the 134 candidates who wrote the examination, 37 (27.6%)
candidates passed hence becoming eligible for a STATEMENT OF SUCCESS at this level. 49
(36.6%) candidates have part passed while a total of 48 (35.8%) candidates failed the
examination. (See Table 5 on page3).
FOUNDATION LEVEL
The Foundation Level examinations consist of five subjects. These subjects were tested for the
third time this session following the review of the examination structure and syllabi.
In this examination, 407 candidates registered themselves for the examination out of whom 43
(10.6%) candidates were absent. Of the 364 candidates who wrote the examination, 152 (41.8%)
candidates passed hence becoming eligible for a STATEMENT OF SUCCESS at this level. 133
(36.5%) candidates have part passed while a total of 79 (21.7%) candidates failed the
examination. (See Table 5 on page3).
1
INTERMEDIATE LEVEL
The Intermediate Level examinations consist of six subjects. As with the Foundation Level
examinations, these subjects were tested for the second time this session following the review of
the examination structure.
In this examination, 3,617 candidates registered themselves out of whom 503 (13.9%) candidates
were absent. Of the 3,114 candidates who wrote the examination, 426 (13.7 %) candidates passed
hence becoming eligible for a STATEMENT OF SUCCESS at this level. 1050 (33.7%)
candidates have part passed while a total of 1,638 (52.6%) candidates failed the examination.
(See Table 5 on page3).
FINAL LEVEL
The Final Level examinations consist of four subjects. These examinations were tested for the
second time following review of the examination structure.
In this examination, 2,115 candidates registered themselves for Final Level examinations, out of
whom 159 (7.5%) candidates were absent. Of the 1,956 candidates who wrote the examination,
167 (8.5%) candidates passed, hence becoming eligible for a STATEMENT OF SUCCESS at
this Level. 594 (30.4%) candidates have part passed while a total of 1,195 (61.1%) candidates
failed the examination. (See Table 5 on page3).
In this examination session, 42 candidates qualify for the certificate of completion of the ATEC
programme, comprising 18 (42.9%) female candidates and 24 (57.1%) male candidates.
The breakdown of the 42 candidates qualifying for the Accounting Technician Certificate:
08 (19.1%) passed T03 subject in ATEC I while they had already cleared ATEC II
examination papers in the previous examination sessions
03 (7.1%) have passed both T03 subject and ATEC II examinations
31 (73.8%) passed ATEC II examinations this session
On the other hand 270 candidates qualify for the certificate of completion of the CPA programme,
comprising 54 (20.0%) female candidates and 216 (80.0%) male candidates.
The breakdown of the 270 candidates qualifying for the CPA (T):
36 (13.3%) passed both Intermediate and Final Level examinations
143 (53.0%) have passed Intermediate Level. These were the ones who had remained
with one subject.
91 (33.7%) passed Final Level examinations this session
2
TABLE 5
ENTRIES 120 100 145 100 407 100 3617 100 2115 100 6404 100
ABSENTEES 9 7.5 11 7.6 43 10.6 503 13.9 159 7.6 725 11.3
CANDIDATES WHO 111 92.5 134 92.4 364 89.4 3114 86.1 1956 92.4 5679 88.7
SAT
PART PASSED 41 36.9 49 36.6 133 36.5 1050 33.7 594 30.4 1867 32.9
PASSED 31 27.9 37 27.6 152 41.8 426 13.7 167 8.5 813 14.3
FAILURES 39 35.1 48 35.8 79 21.7 1638 52.6 1195 61.1 2999 52.8
TOTAL 111 100 134 100 364 100 3114 100 1956 100 5679 100
3
CHAPTER II
PERFORMANCE EVALUATION SUBJECT-WISE
INTRODUCTION
This chapter provides a detailed analysis of performance of candidates in each subject
at each level of the Board‟s examinations. General evaluation and assessment of
candidates‟ performance at each level and specific assessment of candidates in each
topic examined is analyzed. The Board hopes that this Report will provide necessary
guidance to trainers and students for the better results in the Board‟s future
examinations.
The November 2015 examination is the third examination session under the revised
examination scheme and syllabi. The scheme has a two tier system of five different
levels: two at the Accounting Technician level and three at the Professional level.
GENERAL PERFORMANCE
111 candidates sat for the ATEC I examinations. The performance indicates that 31
(27.9%) candidates passed and therefore become eligible for the STATEMENT OF
SUCCESS FOR ATEC I. 41 (36.9%) candidates have passed some of the subjects in
this level while 39 (35.1%) candidates failed the examinations.
The general performance subject-wise is as shown in Table 6.1 below:
TABLE 6.1
ATEC I SUBJECT-WISE PERFORMANCE ANALYSIS
Performance
Paper Subject November 2014 May 2015 November 2015
Code
Entries Pass % Entries Pass % Entries Pass %
4
GENERAL COMMENTS
5
Most candidates failed to recognise the nature of double entry system in
journalising the transactions and subsequently use the same transactions
with the opening balances given to close the T-accounts.
6
IV: GENERAL OBSERVATIONS
(a) Assessment of the paper
The panel of examiners observed that the questions were clear and fair.
Also they commented that the Paper was of the standard and rigour required
and could be answered within the allocated time.
TABLE 6.1.2
T.01. COMPARISON OF PASS RATE WITH NOVEMBER 2014 EXAMINATIONS
November 2014 November 2015 % decrease
No. of candidates passed % No. of candidates %
passed
41 77.4 40 72.7 4.7
7
T.02 - ELEMENTS OF BUSINESS MATHEMATICS AND STATISTICS
I: PRINCIPAL LEARNING OUTCOME
The principal learning outcome of this paper is to build basic skills in the
collection, processing, presentation and interpretation of simple numerical and
statistical knowledge and skills as a tool of learning and understanding related
subjects at higher levels.
8
QUESTION 3: A. PERMUTATION AND CONTRIBUTION
B. BASIC ARITHMETIC
C. ELEMENTARY MATHEMATICS
D. EQUATIONS AND INEQUALITIES
Candidates were required to:
(a) Determine ways that committee can be formed based on the given
statement.
(b) Find the sum of all natural numbers which are divisible by 7 at a
given range.
(c) Calculate the length of each piece based on the given statement.
(d) Show that if and β are the roots of the given equation, then the
quadratic equation whose roots are 2, β2 is given by another
equation.
Candidates‟ performance in this question was not satisfactory. Out of 70
candidates who answered the question only 05 (7.1%) candidates scored
pass marks while the remaining 65 (92.9%) candidates failed. There
were neither credit nor distinction marks in this question.
With reference to the topics examined, the candidates lack basic skills
on how to apply the concepts as a result majority of them scored fail
marks.
QUESTION 4: A. MATRICES
B. MEASURES OF CENTRAL TENDENCY
C. MEASURES OF DISPERSION
Candidates were required to:
(a) Prepare a categorical frequency distribution.
(b) Identify and interpret the modal response.
(c) Determine whether given matrix is invertible. If invertible,
compute the inverse.
(d) Calculate the student‟s overall class average from the given table.
(e) Show who is relatively more overweight compared to his/her age
group from the given information.
Candidates‟ performance in this question was not satisfactory. Out of 70
candidates who answered the examination only 20 (28.6%) candidates
passed while the remaining 50 (71.4%) candidates failed. Out of those
who passed 19 (27.2%) and 01 (1.4%) candidates scored pass and credit
marks respectively. No candidate scored distinction marks in this
question.
Most of the candidates failed to use weighted mean to compute average
and Z-score to compute position of raw data.
9
IV: GENERAL OBSERVATIONS
(a) Assessment of the paper
The panel of examiners in assessing the questions was of the opinion that
the question paper was having a mixture of both easy and difficult questions
which demanded the skills and knowledge of the candidate. The question
paper was fair in terms of marks awarded, time allocated, length of
questions and level of candidates.
Marks distribution was done evenly to each question. Generally, candidates
expressed poor background of mathematics.
(b) Candidates’ overall performance
Candidates‟ performance in this examination paper was not satisfactory.
Out of 70 candidates who answered the examination only 12 (17.1%)
candidates scored pass marks while the remaining 58 (82.9%) candidates
failed. There were neither credit nor distinction marks in this questions.
The candidates‟ over-all performance in the subject is as shown on table
6.1.3 below:
TABLE 6.1.3
T.02 CANDIDATES’ PERFORMANCE ANALYSIS
TABLE 6.1.4
T.02. COMPARISON OF PASS RATE WITH NOVEMBER 2014
EXAMINATIONS
10
T.03 – INTRODUCTION TO INFORMATION AND COMMUNICATION TECHNOLOGY
11
those who passed 39 (40.6%), 07 (7.3%) and 05 (5.2%) candidates
scored pass, credit and distinction marks respectively.
Some candidates were unable to write short notes on transaction,
transaction scheduling and serializability.
12
IV: GENERAL OBSERVATIONS
(a) Assessment of the paper
The panel of examiners in assessing the paper were of the opinion that the
paper was fair and the questions tested covered a wide range of the
syllabus. The mixture of the questions was adequate and the distribution of
marks was fair in relation to the time allocated.
(b) Candidates overall performance
Candidates‟ performance in this examination paper was satisfactory. Out
of 96 candidates who answered the examination, 53 (55.2%) candidates
passed while the remaining 43 (44.8%) candidates failed. Out of those
who passed 51 (53.2%), 01 (1.0%) and 01 (1.0%) candidates scored pass,
credit and distinction marks respectively
The candidates‟ over-all performance in the subject is as shown on table
6.1.5 below:
TABLE 6.1.5
T.03 CANDIDATES’ PERFORMANCE ANALYSIS
TABLE 6.1.6
T.03 COMPARISON OF PASS RATE WITH NOVEMBER 2014
EXAMINATIONS
13
T.04 – BUSINESS COMMUNICATION SKILLS
I: PRINCIPAL LEARNING OUTCOME
Principal learning outcome of this paper is to enable candidates to master Basic
English language skills and be able to use them for communicating effectively in
business environment.
II: STRUCTURE OF THE PAPER
This paper consisted of six compulsory questions.
III: TOPICS EXAMINED AND CANDIDATES’ PERFORMANCE
Candidates were tested on the following topics:
QUESTION 1: WRITING SKILLS IN BUSINESS CORRESPONDENCES
The question was in two parts and candidates were required to:
(a) Read a passage and
(i) Suggest the title for the passage.
(ii) Summarize the passage by explaining the meaning and
importance of customer care given with at least 150 words.
(b) Basing on the passage define the following concepts:-
(i) Customer
(ii) Customer service
(iii) Customer satisfaction.
Candidates‟ performance in this question was satisfactory. Out of 60
candidates who answered the question 53 (88.3%) candidates passed
while the remaining 07 (11.7%) candidates failed. Out of those who
passed 14 (23.3%), 13 (21.7%) and 26 (43.3%) candidates scored pass,
credit and distinction marks respectively
Some candidates were unable to write proper sentences; also, they were
unable to write a summary using their own words (paraphrasing).
QUESTION 2: DEMONSTRATE A MASTERY USE OF ENGLISH LANGUAGE
Candidates were required to use the given information to:-
(a) Change the tenses from past to present continuous tense.
(b) Identify the type of tense of the words in bold.
(c) Correct sentences.
(d) Re-write sentences according to instructions provided.
Candidates‟ performance in this question was satisfactory. Out of 60
candidates who answered the question, 27 (45.0%) candidates passed
while the remaining 33 (55.0%) candidates failed. Out of those who
passed 15 (25.0%), 10 (16.7%) and 02 (3.3%) candidates scored pass,
credit and distinction marks respectively.
Most candidates were poor in tenses, prepositions and sentence
construction.
14
QUESTION 3: WRITING SKILLS IN BUSINESS CORRESPONDENCES
Candidates were required to use the given information to:
(a) Define a business report.
(b) Identify and explain at least eight essential parts of a good business
report.
Candidates‟ performance in this question was not satisfactory. Out of 60
candidates who answered the question, only 24 (40%) candidates passed
while the remaining 36 (60.0%) candidates failed. Out of those who
passed 10 (16.7%), 03 (5.0%) and 11 (18.3%) candidates scored pass,
credit and distinction marks respectively.
Most candidates were unable to list and explain the components of a
good business report. In some instances they listed them without
explaining.
(a) Write an application letter for the post advertised by the given
company.
(b) Identify and explain any five C‟s of effective business
communication.
Candidates‟ performance in this question was satisfactory. Out of 60
candidates, 53 (88.3%) candidates passed while the remaining 07
15
(11.7%) candidates failed. Out of those who passed 26 (43.3%), 16
(26.7%) and 11 (18.3%) candidates scored pass, credit and distinction
marks respectively.
Most candidates were unable to write organised and clear ideas in this
question. The candidates were very familiar with format of business
letter, but were unable to write coherently and correctly the content of
the letter.
16
IV: GENERAL OBSERVATIONS
(a) Assessment of the paper
The panel of examiners found the paper to be fairly set, clear and well
spread within the syllabus. They found the questions to be within reach
of well-prepared candidates. The questions were also fair in relation to
the time allocated.
(b) Candidates’ overall performance
Candidates‟ performance in this examination paper was satisfactory.
Out of 60 candidates who answered the examination, 41 (68.3%)
candidates passed while the remaining 19 (31.7%) candidates failed.
Out of those who passed 31 (51.7%), 09 (15.0%) and 01 (1.7%)
candidates scored pass, credit and distinction marks respectively
The candidates‟ over-all performance in the subject is as shown on table 6.1.7
below:
TABLE 6.1.7
T.04 CANDIDATES’ PERFORMANCE ANALYSIS
Classification of Marks 0-49 50-69 70-79 80-100 TOTAL
TABLE 6.1.8
T.04 COMPARISON OF PASS RATE WITH NOVEMBER 2014 EXAMINATIONS
17
ACCOUNTING TECHNICIAN EXAMINATION LEVEL II
GENERAL PERFORMANCE
In this level, 134 candidates sat for the examinations, out of whom 37 (27.6%) passed, 49
(36.6%) candidates passed various subjects in this level while 48 (35.8%) failed the
examination. The 37 candidates who passed are eligible for the Board's award of the
STATEMENT OF SUCCESS FOR ATEC II. The general performance subject-wise is
as shown on table 7.1 below:
TABLE 7.1
ATEC II SUBJECT-WISE PERFORMANCE ANALYSIS
Paper Subject Performance
Code No. November 2014 May 2015 November 2015
Entries Pass % Entries Pass % Entries Pass %
T.05 Principles of
Accounting and 108 61 56.5 97 37 38.1 115 54 46.9
Auditing
T.06 Principles of Cost
Accounting and 84 63 75.0 72 44 61.1 80 25 31.3
Procurement
T.07 Elements of
Commercial
Knowledge,
Management 95 84 88.4 65 44 67.7 73 53 72.6
Practices and
Taxation
T.08 Accounting for
Public Sector and 89 43 48.3 90 40 44.4 98 44 44.9
Cooperatives
18
QUESTION 1: VARIOUS TOPICS: MULTIPLE CHOICE QUESTION
Candidates were required to choose the most correct answer among the
four given alternatives.
Candidates‟ performance in this question was satisfactory. Out of 115
candidates who answered the question 83 (72.2%) candidates passed
while the remaining 32 (27.8%) candidates failed. Out of those who
passed 57 (49.9%), 15(13.0%) and 11 (9.6%) candidates scored pass,
credit and distinction marks respectively.
Candidate‟s weakness is that some of the candidates did not follow the
examination instruction as it were required.
QUESTION 2: FINANCIAL RATIOS ANALYSIS.
(a) Candidates were required to use the given information about
company‟s records to calculate the following:
(i) Current ratio
(ii) Quick ratio
(iii) Working capital
(b) List at least five factors in which analysis and interpretation of
financial ratios depend.
Candidates‟ performance in this question was not satisfactory. Out of 115
candidates who answered the question, only 44 (38.3%) candidates passed
while the remaining 71 (61.7%) candidates failed. Out of those who
passed 26 (22.7%), 9 (7.8%) and 9 (7.8%) candidates scored pass, credit
and distinction marks respectively
The major weakness noted in this question is that candidates who failed
were weak in calculations.
QUESTION 3: (a) CONTEXT AND PURPOSE OF PRINCIPLES OF
ACCOUNTING
(c) STATEMENTS OF CASH FLOWS
Candidates were required to use the given information to:
(a) Define the following elements of financial statements:
(i) Assets
(ii) Liabilities
(iii) Equity
(b) Explain why inventory is an asset of a company.
(c) Use the given extract from the give company‟s statement of
comprehensive income to:
(i) Prepare a reconciliation of profit from operations to net
cash from operating activities using the indirect method.
(ii) Calculate the net cash from operating activities using the
direct method.
19
Candidates‟ performance in this question was not satisfactory. Out
of 115 candidates who answered the question, only 14 (12.2%)
candidates passed while the remaining 101 (87.8%) candidates
failed. Out of those who passed 07 (6.2%), 02 (1.7%) and 05
(4.3%) candidates scored pass, credit and distinction marks
respectively
Most of candidates failed to prepare cash flow from operating
activities in using direct methods.
QUESTION 4: (a) INTRODUCTION TO AUDITING
(b) DEFINITIONS AND CONCEPTS IN AUDITING
Candidates were required to use the given information to:-
(a) Briefly explain the similarities and differences between internal and
external audits.
(b)Briefly explain five threats that may undermine independence,
objectivity and professional ethics of an auditor.
Candidates‟ performance in this question was satisfactory. Out of 115
candidates who answered the question 73 (63.5%) candidates passed
while the remaining 42 (36.5%) candidates failed. Out of those who
passed 46 (40.0%), 14 (12.2%) and 13 (11.3%) candidates scored pass,
credit and distinction marks respectively
The major weakness of candidates who failed is lack of techniques of
answering the question. They failed to mention and explain potential
threats that may undermine the auditor`s independence, thus others
mentioned well but gave wrong explanations.
20
IV: GENERAL OBSERVATIONS
(a) Assessment of the Examination
The panel of examiners was of the opinion that the examination was fair,
clearly worded and appropriately spread within the syllabus.
(b) Candidates’ overall performance
Candidates‟ performance in this examination paper was satisfactory. Out
of 115 candidates who answered the examination, 54 (46.9%) candidates
passed while the remaining 61 (53.1%) candidates failed. Out of those
who passed 45(39.1%), 6(5.2%) and 3 (2.6%) candidates scored pass,
credit, and distinction marks respectively
The candidates‟ over-all performance in the subject is as shown on table
7.1.2 below:
TABLE 7.1.2
TABLE 7.1.3
T.05 COMPARISON OF PASS RATE WITH NOVEMBER 2014 EXAMINATIONS
November 2014 November 2015 % decrease
No. of candidates passed % No. of candidates passed %
61 56.5 54 46.9 9.6
21
QUESTION 1: VARIOUS TOPICS: MULTIPLE CHOICES
Candidates were required to choose the most correct answers from the
given alternative statements.
Candidates‟ performance in this question was satisfactory. Out of 80
candidates who answered the question, 40 (50.0%) candidates passed
while the remaining 40(50.0%) candidates failed. Out of those who
passed 35 (43.8%), 2 (2.5%) and 3 (3.7%) candidates scored pass, credit
and distinction marks respectively.
There was no major weakness observed in this question.
22
Candidates‟ performance in this question was not satisfactory. Out of 80
candidates who answered the question, only 14 (17.5%) candidates passed
while the remaining 66 (82.5%) candidates failed. Out of those who did
pass 1 (1.3%), 7 (8.7%) and 06(7.5%) candidates scored pass, credit and
distinction marks respectively.
Weakness noted in this question was that candidates approached the
question wrongly.
QUESTION4: COST STATEMENTS
Candidates were required to use the given financial information to
prepare:-
(a) Statement of Profit or Loss to show financial profit.
(b) Cost Statement to show costing profit.
(c) Statement of Reconciliation of financial accounting and cost
accounting profits taking cost accounting profit as a base.
23
IV: GENERAL OBSERVATIONS
(a) Assessment of the Examination
The panel of examiners found the examination to be fair, clearly worded
and within the prescribed syllabus. The examination questions were well
mixed, containing computational as well theoretical questions and could
have easily been answered by an average prepared candidate within the
allocated time of three hours.
(b) Candidates Overall Performance
Candidates‟ performance in this question paper was not satisfactory. Out
of 80 candidates who answered the examination, only 25 (31.3%)
candidates passed while the remaining 55 (68.8%) candidates failed. Out
of those who passed 15 (18.8%), 5 (6.3%) and 5 (6.3%) candidates scored
pass and credit marks respectively in this paper.
TABLE 7.1.5
T.06. COMPARISON OF PASS RATE WITH NOVEMBER 2014 EXAMINATIONS
November 2014 November 2015 % decrease
No. of candidates passed % No. of candidates passed %
63 75.0 25 31.3 43.7
24
T.07 - ELEMENTS OF COMMERCIAL KNOWLEDGE, MANAGEMENT
PRACTICES AND TAXATION
I: PRINCIPAL LEARNING OUTCOME
Principal learning outcome for this paper is to test candidates‟ ability to apply
knowledge of commerce, commercial law, management and taxation in managing
business functions.
II: STRUCTURE OF THE PAPER
The paper comprised of four compulsory questions. Question one was an
objective type which carried 40%.
III: TOPICS EXAMINED AND CANDIDATES’ PERFORMANCE
In this paper, candidates were tested on the following topics:
25
QUESTION 3: LAW OF CONTRACT, PARTNERSHIP AND
PROCUREMENT
Candidates were required to:
(a) Identify and explain the essentials of a valid contract.
(b) State and explain the key contents of a tender document.
(c) Identify the types of partnership business.
(d) Enumerate various factors to consider when selecting a procurement
method.
Candidates‟ performance in this question was satisfactory. Out of 73
candidates who answered the question, 35 (48.0%) candidates passed
while the remaining 38 (52.0%) candidates failed. Out of those who
passed 24 (32.9%), 08 (11.0%) and 03 (4.1%) candidates scored pass,
credit and distinction marks respectively.
Most of candidates who failed the question just listed the points without
explaining them.
QUESTION 4: PARTNERSHIP AND OFFICE MECHANIZATION
Candidates were required to:
26
IV: GENERAL OBSERVATIONS
(a) Assessment of the Examination
The panel of examiners found the examination to be fair in relation to the
level of candidate examined, with mixture of easy and difficult questions
and could be answered within the allocated time of three hours by an
average prepared candidate.
(b) Candidates’ Overall Performance
Candidates‟ performance in this examination paper was satisfactory. Out
of 65 candidates who answered the examination, 44 (67.7%) candidates
passed while the remaining 21(32.3%) candidates failed. Out of those
who passed 42(64.7%) and 2 (3%) candidates scored pass and distinction
marks respectively.
The candidates‟ over-all performance in the subject is as shown on table 7.1.6
below:
TABLE 7.1.6
T.07 CANDIDATES’ PERFORMANCE ANALYSIS
CLASSIFICATION
OF MARKS 0-49 50-69 70-79 80-100 TOTAL
NO. OF CANDIDATES (FREQUENCY) 20 45 07 01 73
PERCENTAGE 27.4 61.6 9.6 1.4 100
TABLE 7.1.7
T.07 COMPARISON OF PASS RATE WITH NOVEMBER 2014 EXAMINATIONS
November 2014 November 2015 % decrease
No. of candidates passed % No. of candidates passed %
84 88.4 53 72.6 15.8
27
T.08 ACCOUNTING FOR PUBLIC SECTOR AND COOPERATIVES
I: PRINCIPAL LEARNING OUTCOME
Principal learning outcome of this paper is to test candidates‟ ability to apply
public sector and cooperative accounting knowledge and skills to manage
government and cooperative funds economically, efficiently and effectively in
accordance with the constitution, laws, rules and regulations in one or more
specialised fields.
II: STRUCTURE OF THE PAPER
The paper comprised of four compulsory questions. Question one was an
objective type which carried 40%.
III: TOPICS EXAMINED AND CANDIDATES’ PERFORMANCE
In this paper, candidates were tested on the following topics:
QUESTION 1: VARIOUS TOPICS: MULTIPLE CHOICES
Candidates were required to choose the most correct answer among the
four given alternatives.
Candidates‟ performance in this question was not satisfactory. Out of
98 candidates who answered the question, only 28 (28.6%) candidates
passed while the remaining 70 (71.4%) candidates failed. Out of those
who passed 27 (27.6%) and 1 (1.0%) candidates scored pass and
distinction marks respectively. There were no credit pass in this
question.
Most of candidates were not competent in many topics tested in this
question.
28
QUESTION 3: PREPARATION OF REVENUE AND PROGRESS REPORT
Candidates were required to:-
(a) Explain what is „Excess Vote‟ in respect of a ministry or an
independent Government Department
(b) Explain what are the accounting officer‟s responsibilities in respect
of an excess vote
(c) Use the given revenue balances of the given Ministry to prepare:-
(i) Prepare the given period‟s revenue collection progress report.
(ii) Prepare monthly statement of revenue for given period
Candidates‟ performance in this question was not satisfactory. All 98
candidates who answered the question failed.
The major weakness noted in this question is the complete failure to
prepare revenue progress report.
Most of candidates who failed were not able to explain the objectives of
SACCOS, and why consumer cooperative have not fared well.
29
IV: GENERAL OBSERVATIONS
(a) Assessment of the Examination
The panel of examiners found the paper to be fairly set, well balanced
containing a mixture of computational as well as theoretical questions. It
was further found to be within the syllabus and that it could have been done
within the time allocated of three hours.
(b) Candidates’ Overall Performance
Candidates‟ performance in this examination paper was satisfactory. Out of
98 candidates who answered the examination 44 (44.9%) candidates passed
while the remaining 54 (55.1%) candidates failed. Out of those who passed
44 (44.9%) candidates scored pass, with no credit, or distinction marks in
this paper.
The candidates‟ over-all performance in the subject is as shown on table 7.1.8
below:
TABLE 7.1.8
T.08 CANDIDATES’ PERFORMANCE ANALYSIS
CLASSIFICATION OF MARKS
0-49 50-69 70-79 80-100 TOTAL
NO. OF CANDIDATES (FREQUENCY) 54 44 0 0 98
PERCENTAGE 55.1 44.9 0 0 100
TABLE 7.1.9
T.08. COMPARISON OF PASS RATE WITH NOVEMBER 2014 EXAMINATIONS
November 2014 November 2015 % decrease
No. of candidates passed % No. of candidates passed %
43 48.3 44 44.9 3.4
30
INTRA-LEVELS ANALYSIS OF CANDIDATES’ PERFORMANCE – ATEC I
AND ATEC II LEVELS
Under the revised examination scheme and syllabus, the Board does not allow its
candidates to attempt both levels. However, it allowed those who were caught in
transition from the phased out syllabus to the new syllabus during the transitional period.
The analysis below shows performance of the 34 candidates who sat examination papers
in the ATEC I and II Levels.
Their performance is as indicated hereunder:
ATEC I & II
S/No. COMBINATION
Number Percent
1 Pass Both 3 8.8
2 Pass ATEC I, Partial Pass ATEC II 5 14.7
3 Pass ATEC I, Fail ATEC II 6 17.6
4 Partial Pass ATEC I, Pass ATEC II 0 0
5 Partial Pass Both 0 0
6 Partial Pass ATEC I, Fail ATEC II 1 2.9
7 Fail ATEC I, Pass ATEC II 0 0
8 Fail ATEC I, Partial Pass ATEC II 8 23.5
9 Fail Both 11 32.4
Total 34 100%
31
PROFESSIONAL LEVEL EXAMINATIONS
This is the first level of the Board‟s three tier professional examination scheme which
leads to the Certified Public Accountant [CPA (T)] award.
During the November 2015 examination session, a total of 364 candidates sat for
Foundation Level examinations.
The figure indicated above includes 128 candidate who sat for both Foundation and
Intermediate level examinations, whose performance analysis is shown at the end of
Intermediate Level Report.
32
GENERAL OBSERVATIONS
In this examination 364 candidates sat for the examination out of whom 152 (41.8%)
passed and therefore become eligible for the STATEMENT OF SUCCESS for the
Foundation Level. 133 (36.5%) have passed some of the subjects while 79 (21.7%)
candidates failed the examination.
33
QUESTION -WISE PERFORMANCE ANALYSIS
A1 – QUANTITATIVE TECHNIQUES
I: PRINCIPAL LEARNING OUTCOME
Principal learning outcome of this paper is to examine candidates‟ ability to apply
knowledge and skills of mathematical and quantitative techniques, concepts and
tools in the day to day accounting and business functions and decision making.
II: STRUCTURE OF THE QUESTION PAPER
The paper consisted of three compulsory questions. Question one was an
objective question which carried 60%.
III: TOPICS EXAMINED AND CANDIDATES’ PERFORMANCE
In this examination session, candidates were tested on the following topics:
QUESTION 1: VARIOUS TOPICS: MULTIPLE CHOICES
For each of the statements provided candidates were required to use the
given four alternatives to choose the most correct answer:-
Candidates‟ performance in this question was not satisfactory. Out of
151 candidates who answered the question only 63 (41.7%) candidates
passed while the remaining 88 (58.3%) candidates failed. Out of those
who passed 58 (38.4%) and 05 (3.3%) candidates scored pass and credit
marks respectively. No candidate scored distinction marks in this
question
34
Majority of the candidates failed to use Vogel‟s approximation method
and few of them could not develop the transportation table.
Despite of the fact that the question was clear and within the scope of the
candidates‟ level they did not do it satisfactorily as candidates seem to be
not very much familiar with the confidence interval calculations.
35
IV: GENERAL OBSERVATIONS
(a) Assessment of the Paper
The panel of examiners found the paper to be fairly set, well balanced with
a good mixture of theoretical and computational questions. Time allocated
to the questions was adequate to enable an average candidate to complete
the examination.
(b) Candidates’ performance
Candidates‟ performance in this examination paper was satisfactory. Out
of 151 candidates who answered the examination, 76 (50.3%) candidates
passed while the remaining 75 (49.7%) candidates failed. Out of those
who passed 60 (39.7%) and 16 (10.6%) candidates scored pass and credit
marks respectively. No candidate scored distinction marks in this
examination paper.
The candidates‟ overall performance in the subject is as shown on Table 8.1.1
below:
TABLE 8.1.1
A1 CANDIDATES’ PERFORMANCE ANALYSIS
CLASSIFICATION OF MARKS 0-39 40-59 60-79 80-100 TOTAL
NO. OF CANDIDATES (FREQUENCY) 75 60 16 00 151
PERCENTAGE 49.7 39.7 10.6 00 100
TABLE 8.1.2
A.1 COMPARISON OF PASS RATE WITH NOVEMBER 2014 EXAMINATIONS
November 2014 November 2015 % decrease
No. of candidates passed % No. of candidates passed %
245 76.1 151 50.3 25.8
36
A2 – BUSINESS AND MANAGEMENT
I: PRINCIPAL LEARNING OUTCOME
Principal learning outcome of this subject is to test candidates‟ ability to apply
concepts and principles of business and management in business environment.
II: STRUCTURE OF THE PAPER
The paper consisted of three questions which were compulsory. Question one was
an objective question which comprised of 60%.
III: TOPICS EXAMINED AND CANDIDATES’ PERFORMANCE
In this examination session, candidates were tested on the following topics:
QUESTION 1: VARIOUS TOPICS: MULTIPLE CHOICES
For each of the statements provided candidates were required to use the
given four alternatives to choose the most correct answer:-
37
QUESTION 3: BASIC MODELS FOR BUSINESS ANALYSIS
(a) Identify and describe five main factors that influence the level of
competition in an industry.
(b) State the circumstances which can make new firms easily enter an
existing market.
(c) Describe the factors influencing threat of substitutes in an industry.
(d) Identify and explain the marketing mix elements that can be used by
an organization to pursue its marketing objectives.
38
IV: GENERAL OBSERVATIONS
(a) Assessment of the Paper
The panel of examiners found the paper to be well spread within the
syllabus which resulted to the candidates‟ good performance.
(b) Candidates’ overall performance
Candidates‟ performance in this examination paper was satisfactory. Out of
135 candidates who answered the examination, 107 (79.3%) candidates
passed while the remaining 28 (20.7%) candidates failed. Out of those who
passed 82 (60.7%) and 25 (18.5%) candidates scored pass and credit marks
respectively. No candidate scored distinction marks in this examination
paper.
TABLE 8.1.4
A2 COMPARISON OF PASS RATE WITH NOVEMBER 2014
EXAMINATIONS
39
A3 – ACCOUNTING
Bad performance in this question suggests that candidates were not well
prepared in tackling questions related to this topic.
40
QUESTION 3: PREPARATION OF FINANCIAL STATEMENTS FOR NOT
FOR PROFIT ENTITIES.
From the given information candidates were required to prepare:
(a) Statement of income and expenditure for the given period
(b) The groups‟ statement of financial position as at the given
period
Candidates‟ performance in this question was not satisfactory. Out
of 206 candidates who answered the question only 30 (14.6%)
candidates passed while the remaining 176 (85.4%) candidates
failed. Out of those who passed 29 (14.1%) and 01 (0.5%)
candidates scored pass and credit marks respectively. No candidate
scored distinction marks in this question.
Some candidates did not know which items were be presented in the
income statement and those that should be presented in the statement
of financial position.
41
IV: GENERAL OBSERVATIONS
(a) Assessment of the Paper
The panel of examiners found the paper to be fair with adequate coverage
of the syllabus. The panel also observed that candidates could manage to
complete the examination within the allocated time.
(b) Candidates’ Performance
Candidates‟ performance in this examination paper was satisfactory. Out
of 206 candidates who answered the examination, 112 (54.4%) candidates
passed while the remaining 94 (45.6%) candidates failed. Out of those
who passed 104 (50.5%) and 08 (3.9%) candidates scored pass and credit
marks respectively. No candidate scored distinction marks in this
examination paper.
TABLE 8.1.6
A3 COMPARISON OF PASS RATE WITH NOVEMBER 2014 EXAMINATIONS
November 2014 November 2015 % decrease
No. of candidates passed % No. of candidates passed %
98 64.1 112 54.4 9.7
42
A4 – BUSINESS INFORMATION
I: PRINCIPAL LEARNING OUTCOME
Principal learning outcome of this paper is to examine candidates‟ ability to apply
knowledge of cost analysis and awareness of information technology to produce
accurate and useful information to support management in decision-making and
its application in performance management.
QUESTION 2: DECISION-MAKING
Most candidates failed to calculate NPV of the two projects, despite the data
being clear.
43
QUESTION 3: COSTING
44
VI: GENERAL OBSERVATIONS
TABLE 1.2.
A4 COMPARISON OF PASS RATE WITH NOVEMBER 2014
EXAMINATIONS
November 2014 November 2015 % increase
No. of candidates passed % No. of candidates passed %
112 59.6 163 66.2 6.6
45
A5 – BUSINESS LAW
46
In this question, some of candidates failed to raise the grounds for
fair dismissal and also failed to explain possible remedies for unfair
termination.
(a) State if the contract between the given two persons is valid
by giving reasons
(b) Identify and explain the remedies available for given person,
if the contract was not valid
(c) Assume the given person is willing to continue doing
business, explain what would be the advice to him
47
QUESTION 5: THE CAPITAL OF THE COMPANY AND IT’S
MANAGEMENT
Candidates were required to:
(a) Identify and explain the ways in which the capital is maintained and
protected.
(b) State the distinction between the „share certificate „and „share
warrant‟ and their legal effects.
Most of the candidates who attempted this question did not support
their arguments with relevant authority.
Most of the candidates who answered this question did not support their
arguments with relevant authority.
48
QUESTION 7: FORMATION OF COMPANIES AND PARTNERSHIP IN
TANZANIA
49
IV: GENERAL OBSERVATIONS
(a) Assessment of the paper
The panel of examiners found the examination to be fair, well balanced
containing both easy and moderate questions which were relevant to the
candidates‟ level and was well within the prescribed syllabus. It was
examiners view that trainer should make efforts of making sure that during
training, candidates are emphasised to make relevant support from
relevant authorities.
TABLE 2.2.
A5. COMPARISON OF PASS RATE WITH NOVEMBER 2014
EXAMINATIONS
November 2014 November 2015 % decrease
No. of candidates passed % No. of candidates %
passed
103 72.5 103 66.4 6.1%
50
INTERMEDIATE LEVEL EXAMINATIONS
The Intermediate level examinations are the second level of the Board‟s professional
examinations under the current examination scheme and syllabus. This examination level
consists of six subjects as shown hereunder:-
B1 Financial Management
B2 Financial Accounting
B3 Auditing Principles and Practices
B4 Public Finance and Taxation I
B5 Performance Management
B6 Management, Governance and Ethics
During the November 2015 examination session, a total of 3,114 candidates sat for
Intermediate Level examinations.
The figure indicated above includes 871 candidate who sat for both Intermediate and
Final level examinations, whose performance analysis is shown at the end of these levels‟
report.
51
GENERAL OBSERVATIONS
The examination draws candidates from the following sources:
(a) Candidates who have been referred previously in the respective corresponding
subjects.
(b) Candidates who have majored in accounting in their bachelor degree programmes from
recognized institutions.
GENERAL PERFORMANCE
In this session 3,114 candidates sat for the Intermediate Level Examinations out of
whom 426 (13.7%) have passed this level and therefore become eligible for the
STATEMENT OF SUCCESS, 1,050 (33.7%) have passed some of the subjects while
1,638 (52.6%) candidates have failed the examination.
Paper Performance
Code No. Subject November 2014 May 2015 November 2015
Entries Pass % Entries Pass % Entries Pass %
B1 Financial Management 468 185 39.4 754 205 27.2 1077 253 23.5
B2 Financial Accounting 525 244 46.5 745 318 42.7 941 352 37.4
B3 Auditing Principles and 471 282 59.9 662 355 53.6 948 665 69.1
Practices
B4 Public Finance & Taxation 613 448 73.1 701 556 79.3 879 246 28.0
I
B5 Performance Management 2,783 720 25.9 2,567 754 29.4 2,371 537 22.6
B6 Management, Governance 290 217 74.8 560 526 93.9 794 730 91.9
& Ethics
52
B1 FINANCIAL MANAGEMENT
53
QUESTION 2: DIVIDEND POLICY; WORKING CAPITAL MANAGEMENT
(a) Candidates were required to use the given information related to a
company which produces and sells detergent products to:-
(i) Calculate the total cost of inventory for the raw material when
using the Economic Order Quantity (EOQ).
(ii) Determine whether accepting the discount offered by the
supplier will minimize the total cost of inventory for the raw
material.
(b) Discuss the factors to be considered in formulating the dividend
policy of a stock exchange listed company.
Most candidates were not well equipped with the concepts of the topic
54
QUESTION 4: INVESTMENT DECISION
Candidates were required to use the given information related to effects
of taxation in the investment decisions to:
(a) Assist the prospective investor on identifying and describing the
effects that taxation has on appraising investments.
(b) Use the given information related to a company which is
considering to manufacture a new product to evaluate whether the
project should be accepted or not.
Candidates‟ performance in this question was not satisfactory. Out of
824 candidates who answered the question only 223 (27.0%) candidates
passed while the remaining 601 (73.0%) candidates failed. Out of those
who passed 187 (22.7%), 33 (4.0%) and 03 (0.3%) candidates scored
pass, credit and distinction marks respectively
Most candidates were weak to collate the information given to enable
them to calculate the NPV
55
QUESTION 6: FINANCING DECISIONS; INVESTMENT DECISIONS
Candidates were required to use the given information to the value of
dividends per shares to:
(a) Calculate the cost of equity of a given company using the dividend
growth model.
(b) Discuss whether the dividend growth model or the Capital Asset
Pricing Model (CAPM) should be used to calculate the cost of
equity.
56
IV: GENERAL OBSERVATIONS
(a) Assessment of the Paper
The panel of examiners found the paper to be quite adequate in terms of
the questions examined and time allocated for each question. The panel of
markers also found the paper to be well balanced, covering almost eighty
percent of the topics in the syllabus. The paper had a good mixture of
theoretical and computational questions.
CLASSIFICATION OF
MARKS 00-39 40-59 60-79 80-100 TOTAL
NO. OF CANDIDATES 824 247 06 00 1077
(FREQUENCY)
PERCENTAGE 76.5 22.9 0.6 0.0 100
TABLE 10.1.2
B1 COMPARISON OF PASS RATE WITH NOVEMBER 2014
EXAMINATIONS
November 2014 November 2015 % decrease
No. of % No. of candidates %
candidates passed
passed
185 39.4 253 23.5 15.9
57
B2 FINANCIAL ACCOUNTING
58
QUESTION 2: INTRODUCTION TO FINANCIALACCOUNTING:
ACCOUNTING AND REPORTING CONCEPTS, FRAMEWORKS
AND PRACTICES
Candidates were required to use the given information related to the
mechanisms of ensuring that accounting work is performed according to
the set principles and standards to:
59
QUESTION 4: PREPARING CONSOLIDATED FINANCIAL STATEMENTS
(a) Candidates were required to use the given information concerning a
statement of cash flows state the importance of classifying the
activities into operating, investing and financing to the users of
financial statements‟
(b) Candidates were required to use the given information related to
consolidated statement of financial position for the given company
to:-
(i) Calculate the amount that will appear in the statement of cash
flows for the disposal of the company
(ii) Calculate the amount of additions to the property, plant and
equipment.
(iii) Calculate the amount of dividend paid to non-controlling
interest.
(iv) Prepare the Consolidated Statement of Cash Flows for the firm
for the given year, using the indirect method for the operating
activities cash flows.
60
QUESTION 6: PREPARING SINGLE ENTRY AND SINGLE COMPANY
FINANCIAL STATEMENTS
Candidates were required to use the given information related to the
financial statements of one company for the given period, together with
comprehensive Statement of Financial Position to:
(a) Prepare a statement of cash flows for the given company for the
given year in accordance with IAS 7 Cash Flow Statements using
indirect method.
(b) Explain why IAS 7 encourages companies to disclose additional
information on operating capacity cash flows (included as investing
activities) and segment activity cash flows.
61
IV: GENERAL OBSERVATIONS
CLASSIFICATION OF MARKS
00-39 40-59 60-79 80-100 TOTAL
NO. OF CANDIDATES 589 341 11 00 941
(FREQUENCY)
PERCENTAGE 62.6 36.2 1.2 00 100
TABLE 10.1.4
B2 COMPARISON OF PASS RATE WITH NOVEMBER 2014
EXAMINATIONS
November 2014 November 2015 % decrease
No. of candidates passed % No. of candidates passed %
244 46.5 352 37.4 9.1
62
B3 AUDITING PRINCIPLES AND PRACTICE
Most of candidates‟ failure to state matters that are being carried out
during risk assessment process as per requirements of the question in part
(c).
63
QUESTION 2: PUBLIC SECTOR EXTERNAL AUDITING
64
supported and one which will not be supported by that example of
external confirmation.
Candidates‟ performance in this question was satisfactory. Out of 746
candidates who answered the question, 735 (98.5%) candidates passed
while the remaining 11(1.5%) candidates failed. Out of those who passed
264(35.4%), 332(44.5%) and 139(18.6%) candidates scored pass, credit
and distinction marks respectively
Most of the candidates failed to relate case study with the requirements
of the question.
65
QUESTION 5: PROFESSIONAL ETHICS PUBLIC INTEREST FUNDAMENTAL
OBJECTIVES, THREAT AND SAFEGUARDS TO INDEPENDENCE
(b) Use the given information in related to ISA 550 which addresses
related parties and related parties transactions to:
(i) Explain in one‟s own words the concepts of „Related Party‟ and
„Related Party Transactions.‟
(ii) Explain why, the identification of „related parties‟ and „material
related party transaction‟ can be difficult for auditors.
(a) Identify and describe the procedures for obtaining audit evidence.
(b) Describe an audit test using that procedure to obtain evidence as to
the balance of plant and equipment including the related balances
of accumulated depreciation and charges to income.
(c) Discuss considerations affecting your judgement as to the reliability
of the evidence with particular reference to the test described in
answer (b) above
66
while the remaining 202(39.5%) candidates failed. Out of those who
passed 157 (30.6%), 109 (21.3%) and 44(8.6%) candidates scored pass,
credit and distinction marks respectively.
(c) Identify if they are material, pervasive or not material for each of the
following audit findings:
(i) Inappropriate application of the going concern assumption.
(ii) Inability to audit petty cash balance which accounts for less
than 1% of the total assets.
(iii) Your client is involved in a major litigation which, if they
lose, would result in the loss of their trading licence and
inability to continue trading. The case has not been settled at
the date you are signing the report.
(v) Disagreement over appropriateness of the depreciation policy
whose adjustment would reduce profit by 2%.
(vi) Inadequate disclosure of directors‟ remuneration in the notes
to the financial statements.
(vii) An error found in the statement of income which will reduce
a profit of TZS.30,000,000 to a loss of TZS.100,000,000 for
the year.
67
passed 176 (30.5%), 189 (32.8%) and 69 (11.9%) candidates scored
pass, credit and distinction marks respectively
TABLE 10.1.6
B3 COMPARISON OF PASS RATE WITH NOVEMBER 2014
EXAMINATIONS
November 2014 November 2015 % increase
No. of candidates % No. of candidates %
passed passed
282 59.9 665 69.1 9.2
68
B4 PUBLIC FINANCE AND TAXATION I
69
QUESTION 2: INCOME TAX LAW
Candidates were required to:
(a) Explain the meaning of „an employment‟.
(b) Use the given information relating to contract of service to
distinguish between „a contract of service‟ and „a contract for
service‟
(c) Use the given information in relation to employee‟s annual
emoluments and benefits to calculate the total income for the given
employee for the given year of income.
Candidates‟ performance in this question was not satisfactory. Out of 734
candidates who answered the question only 68 (9.3%) candidates passed
while the remaining 666 (90.7%) candidates failed. Out of those who
passed 62 (8.5%) and 06 (0.8%) candidates scored pass and credit marks
respectively. No candidate scored distinction marks in this question.
Most candidates were unable to calculate total income and failed to
differentiate the given terms in section (b)
(b) From given information related to the company which deals with
extraction of stones from a quarry and sells the stones to another
company to show how VAT is charged and collected.
70
QUESTION 4: CUSTOMS AND EXCISE DUTY.
From the given information candidates were required to;-
(a) Explain the meaning of the given term and its importance.
(b) Explain problems of implementing the East African Customs
Union Rules.
(c) Explain in what forms does smuggling occur and the problems
associated with smuggling.
(a) Briefly discuss the effects of tax evasion and avoidance in Tanzania.
(b) Discuss with examples, international and national perspective of tax
evasion and avoidance.
(c) Briefly discuss measures taken by the government of the United
Republic of Tanzania to deal with the problem of tax evasion and
avoidance.
71
QUESTION 6: INCOME TAX LAW
Candidates were required to:
(a) Explain briefly the requirements for filing returns in respect of
income of an individual.
(b) Use the given information concerning Income Tax Act 2004 in
Tanzania to state the items to be set out in the Notice of Appeal.
(b) Use the given information regarding the market of motorcycles to:
(i) Find what will be the number of given product sold once tax
is imposed.
(ii) Calculate the number of motorcycles sold in the given market
once the given tax has been imposed
(iii) Calculate the amount of tax incidence on consumers on the
basis of tax described in part (ii)
Those who failed were unable to apply the tax imposed in the question.
72
IV: GENERAL OBSERVATIONS
CLASSIFICATION OF
MARKS 00-39 40-59 60-79 80-100 TOTAL
NO. OF CANDIDATES 633 245 01 0 879
(FREQUENCY)
PERCENTAGE 72 27.9 0.1 0.0 100%
TABLE 10.1.8
B4 COMPARISON OF PASS RATE WITH NOVEMBER 2014 EXAMINATIONS
73
B5 PERFORMANCE MANAGEMENT
74
QUESTION 2: BUDGETARY PLANNING AND CONTROL
Candidates were required to use the given information to which was
about a summary of operating data for a given company as per the given
period of time to:-
75
QUESTION 4: COST ACCOUNTING TECHNIQUES
Candidates were required to use the given in relation to the use of
absorption costing income statements for evaluating profit to:-
Most candidates did not understand the topic, especially the different
between marginal cost and absorption cost.
76
QUESTION 6: PRICING DECISION
Candidates were required to use the given information to which is about
a company which is about to launch a new product into the market to:-
(a) Establish the demand function (equation) for the given product
units.
(b) Calculate the marginal cost for each unit of the given product after
adjusting the labour cost as required by note (a) above.
(c) Calculate the optimum price and quantity.
(d) Explain what is meant by the given strategies and discuss whether
either strategy might be suitable for the company when launching
the product mentioned.
(a) The overhead absorption rates that would be used for order
processing, machine processing, and product inspection in an
activity-based costing system.
(b) The unit manufacturing costs of the given products if the expected
manufacturing volume is attained.
(c) (i) How much overhead costs would be applied to a unit of given
products.
(ii)Using the answers in (i) above, show which of the two products
would be undercosted or overcosted by this procedure.
(iii) State the major limitations of activity based costing
77
Candidates‟ performance in this question was not satisfactory. Out of
1927 candidates who answered the question only 834 (43.3%)
candidates passed while the remaining 1093 (56.7%) candidates failed.
Out of those who passed 325 (17.0%), 285 (14.7%) and 224 (11.6%)
candidates scored pass, credit and distinction marks respectively.
TABLE 10.1.10
B5 COMPARISON OF PASS RATE WITH NOVEMBER 2014
EXAMINATIONS
November 2014 November 2015 % decrease
No. of candidates passed % No. of candidates passed %
720 25.9 537 22.6 3.3
78
B6 MANAGEMENT, GOVERNANCE AND ETHICS
I: PRINCIPAL LEARNING OUTCOME
Principal learning outcome of this examination paper is to test candidates‟ ability
to apply principles of strategic management, good governance and business ethics
management and administrative functions of an organisation.
(a) Analyse how corporate strategies operate at the given three levels:-
(i) Corporate level
(ii) Business level
(iii) Operational level
(b) Use the given information regarding the Board of Directors to name
and explain various issues to look at when assessing the Board of
Directors
79
QUESTION 2: STRATEGIC MANAGEMENT AND ETHICS
80
QUESTION 4: STRATEGIC MANAGEMENT AND ETHICS
Candidates were required to use the given information to:
(a) (i) Analyse the importance of business plan to any entrepreneur.
(ii)Explain at least four ways in which a leader can increase his
referent power.
(b) Elucidate factors behind voluntary disclosure.
(c) Explain at least four types of ethical dilemmas facing accountants.
Candidates‟ performance in this question was not satisfactory. Out of
526 candidates who answered the question only 222 (42.2%) candidates
passed while the remaining 304 (57.8%) candidates failed. Out of those
who passed 202 (38.4%), 16 (3.0%) and 04 (0.8%) candidates scored
pass, credit and distinction marks respectively
81
QUESTION 6: STRATEGIC IMPLEMENTATION AND ETHICS
Candidates were required to use the given information to:-
82
IV: GENERAL OBSERVATIONS
TABLE 10.1.12
B6 COMPARISON OF PASS RATE WITH NOVEMBER 2014
EXAMINATIONS
November 2014 November 2015 % increase
No. of candidates passed % No. of candidates passed %
217 74.8 730 91.9 17.1
83
INTRA LEVELS ANALYSIS OF CANDIDATES’ PERFORMANCE –
FOUNDATION AND INTERMEDIATE
Under the revised examination scheme and syllabi, the Board does not allow its
candidates to sit both levels. However, it allowed those who were referred to sit for a
referral paper and a full level, during the transitional period.
The analysis below shows performance of the 128 candidates who sat for examination
papers in both Foundation and Intermediate levels.
84
FINAL LEVEL EXAMINATIONS
The Final Level examinations are the last level of the three-tier professional examination
system of the Board.
C1 Corporate Reporting
C2 Auditing and Assurance
C3 Business and Corporate Finance
C4 Public Finance and Taxation II
These examination papers have been tested for the second third in this examination
session.
The performance of the candidates who attempted both modules is shown at the end of
the level‟s report.
85
GENERAL OBSERVATIONS
During the November 2015 examination session, 1,956 candidates sat for Final Level
examinations out of whom 167 (8.5%) have passed this level and therefore eligible
for the award of STATEMENT OF SUCCESS, 594 (30.4%) have passed some of the
subjects while 1,195 (61.1%) have failed the examinations.
The general performance subject-wise for the Final level examination in this session is as
shown on Table 12.1 below:
TABLE 12.1
C2 Auditing and 1632 790 48.4 12111 596 49.2 1,048 433 41.3
Assurance
C3 Business and 626 243 38.8 672 212 31.5 776 88 11.3
Corporate Finance
C4 Public Finance and 758 371 48.9 777 563 72.5 710 290 40.8
Taxation II
86
C1 CORPORATE REPORTING
I: PRINCIPAL LEARNING OUTCOME
Principal learning outcome of this paper is to test candidates‟ ability to financial
reporting standards and corporate law in preparing, analysing and evaluating
corporate reports by entities, both in the private and public sectors.
87
QUESTION 2: PREPARING AND REPORTING INFORMATION FOR
FINANCIAL STATEMENTS AND NOTES.
Candidates were required to use given information to;-
(a) State the provisions of IAS 41: Agriculture, regarding
recognition and measurement of biological assets and
agricultural produce in the preparation and presentation of
financial statements
(b) Prepare extracts of the statement of comprehensive income
and the Statement of Financial Position that show how
transactions entered into by given person in respect of
purchase and maintenance of the dairy herd would be
reflected in the financial statements of the entity for the given
year end.
88
QUESTION 4: INTERPRETATION AND EVALUATION OF FINANCIAL
INFORMATION AND DISCLOSURE
Candidates were required to use given information to:-
(a) Prepare notes for the financial accountant setting out and
explaining how each of the above matters should be
accounted for and disclosed in the financial statements of
given company for the given year end.
(b) Explain why it is important for entities to understand the
impact of the classification of a financial instrument as debt
or equity in the financial statements.
89
QUESTION 6: PREPARING AND REPORTING INFORMATION FOR
FINANCIAL STATEMENTS AND NOTES.
Candidates were required to use the given information to.
90
IV: GENERAL OBSERVATIONS
(a) Assessment of the Examination
The panel of examiners found that the question had an appropriate mixture
of questions, the distribution of marks and the time allocated was
adequate. The paper had easy and difficult questions which were all within
the prescribed syllabus.
TABLE 12.1.2
C1 COMPARISON OF PASS RATE WITH NOVEMBER 2014 EXAMINATIONS
November 2014 November 2015 %
No. of candidates passed % No. of candidates passed % decrease
485 32.0 228 21.5 10.5
91
C2 AUDITING AND ASSURANCE SERVICES
(a) With examples explain any five matters that the auditor should
consider in determining whether a deficiency in internal
controls is significant.
(b) Discuss any five (5) benefits of documenting audit work.
(c) Discuss the implications of the matters described above on the
completion of the audit and on the auditor‟s report,
recommending any further actions which should be taken by
the auditor
92
QUESTION 2: ACCEPTING ENGAGEMENTS AND MANAGING
ASSIGNMENTS
Candidates were required to use given information to comment on the
quality control, ethical and professional issues raised in respect of the
audit of given company and the firm wide policies of given Associates,
recommend any actions to be taken by the audit firm.
93
QUESTION 4: I. ASSESMENT OF RISKS, INTERNAL CONTROLS,
INTERNAL FINANCIAL CONTROLS.
II. ACCEPTING ENGAGEMENTS AND MANAGING
ASSIGNMENTS.
III. LEGAL, REGULATORY AND ETHICAL ISSUES
Candidates were required to use given information to:-
(a) Discuss any going concern issues you may have, clearly stating the
responsibility of management and auditors.
(b) (i) Describe the meaning of „money laundering‟.
(ii) Comment on the adherence of professional ethics on
reporting money laundering activities to competent
authorities.
(c) Describe how the firm may use analytical review in assessing the
risk in a given company and suggest the information you may
require to enable you to use analytical reviews.
94
QUESTION 6: DRAWING CONCLUSIONS AND REPORTING
Candidates were required to comment on the suitability of the
recommended audit opinions clearly stating the arguments for or against
the recommendations.
Candidates‟ performance in this question was not satisfactory. Out of
402 candidates who answered the question only 92 (22.9%) candidates
passed while the remaining 310 (77.1%) candidates failed. Out of those
who passed 77 (19.2%), 151 (3.5%) and 1 (0.3%) candidates scored pass,
credit and distinction marks respectively.
Most candidates failed to comment on the suitability of the recommended
audit opinions clearly stating the arguments for or against the
recommendations.
TABLE 12.1.4
C2 COMPARISON OF PASS RATE WITH NOVEMBER 2014 EXAMINATIONS
November 2014 November 2015 % decrease
No. of candidates passed % No. of candidates passed %
790 48.4 433 41.3 7.1
95
C3 BUSINESS AND CORPORATE FINANCE
96
QUESTION 2: FINANCIAL ANALYSIS
Candidates were required to use given information to:
97
QUESTION 4: FINANCIAL ENGINEERING AND PLANNING
(a) Candidates were required to use given information to:-
(i) Calculate TZS receivable by a given Company if, to hedge
its receipt from a given Company, it uses:
a. Traded Currency Options
b. Sterling Future
Assume a spot rate of TZS.2,429/£ on 1st January 2016 and
futures price of TZS.2,433
(ii) Advise a given Company‟s management how it should
proceed with reference to the calculations in part (i) above,
(b) Use the given information supported by a calculated EVA of a
given company as at given year end to prepare a report to examine
its usefulness and limitations.
Candidates‟ performance in this question was not satisfactory. Out of
387candidates who answered the question only 19 (4.9%) candidates
passed while the remaining 368 (95.1%) candidates failed. Out of those
who passed 17 (4.4%) and 02 (0.5%) candidates scored pass and credit
marks respectively. No candidate scored distinction marks in this
question.
Most candidates failed to calculate receivables on hedging in options,
futures and EVA.
QUESTION 5: FINANCIAL ENGINEERING AND PLANNING
(a) Candidates were required to use the given information to:
(i) Calculate how much given Company would have to pay in TZS if
a forward contract was used to hedge the transaction risk.
(ii) Calculate how much given Company would have to pay in TZS if
the money market was used to hedge the transaction risk.
(iii) Advise a given Company on the more economical hedging
alternative
(b) Candidate were required to use the given information to:
(i) Calculate given company‟s current gearing based on market
values and measured as:
Debt/(Debt + Equity)
Debt/Equity
(ii) Evaluate the Finance Director‟s stated opinion that given
company‟s gearing should not be increased in the current
economic climate. Your answer should take into account:
The risk profile of a given company
Practical considerations affecting the optimum choice of
gearing.
98
Candidates‟ performance in this question was not satisfactory. Out of
576 candidates who answered the question only 74 (12.9%) candidates
passed while the remaining 502 (87.1%) candidates failed. Out of those
who passed 68 (11.8%), 05 (0.9%) and 01 (0.2%) candidates scored
pass, credit and distinction marks respectively.
99
IV: GENERAL OBSERVATIONS
(a) Assessment of the Examination
The panel of examiners found that the question had an appropriate mixture
of questions, the distribution of marks and the time allocated was
adequate. The paper had easy and difficult questions which were all within
the prescribed syllabus.
(b) Candidates’ overall performance of the paper
Candidates‟ performance in this examination paper was not
satisfactory. Out of 776 candidates who answered the paper 88
(11.3%) candidates passed while the remaining 688 (88.7%)
candidates failed. Out of those who passed 87 (11.2%) and 01 (0.1%)
candidates scored pass and credit marks respectively. No candidate
scored distinction marks in this examination paper.
The candidates‟ over-all performance in the subject is as shown on table
12.1.5 below:
TABLE 12.1.5
C3 CANDIDATES’ PERFORMANCE ANALYSIS
Classification of Marks 0-39 40-59 60-79 80-100 Total
TABLE 12.1.6
C3 COMPARISON OF PASS RATE WITH NOVEMBER 2014 EXAMINATIONS
November 2014 November 2015 % decrease
No. of candidates passed % No. of candidates passed %
243 38.8 88 11.3 27.5
100
C4 PUBLIC FINANCE AND TAXATION II
I: PRINCIPAL LEARNING OUTCOME
Principal learning outcome of this paper is to test candidates‟ ability to apply
knowledge of public finance, tax laws and Financial Reporting Standards and
Corporate Law in preparing, analysing and evaluating corporate reports by
entities, both in the private and public sectors.
II: STRUCTURE OF THE QUESTION PAPER
This examination paper comprised two sections with six questions. Candidates
were required to answer four questions. Question one carried 40% which was
compulsory
(a) Analyse the explanatory factors that could cause a drop in tax
revenue.
(b) Using the experience above, explain why this is the case and
justify whether there is a positive correlation between revenue
and expenditure instability
(c) Advise on the fiscal and non-fiscal measures which may combat
that problem.
(d) Discuss your understanding of this statement in the light of
essential elements of a sound tax reform and relevant measures
to widen tax base.
(e) Critically appraise this statement in the light of current tax
exemption practices in a given country
(f) Give comments on the persistent fiscal imbalances, over the
decades when the given country‟s tax base still appears to rest
heavily on the traditional excise and consumption tax base.
101
QUESTION 2: TAX LAW AND PRACTICE
Candidates were required to:-
102
(ii) Outline Tanzania Revenue Authority‟s (TRA‟s) response in
addressing the issue of transfer pricing.
(iii) Discuss the effect of transfer pricing on the tax burden
carried by other tax payers.
(iv) Analyse how abuses in transfer pricing strategies may arise.
(a) Outline the full procedure provided for by the Tax Revenue
Appeals Act, 2000 for handling disputes relating to assessments.
(b) Distinguish between the Tax Revenue Appeals Tribunal and the
Tax Revenue Appeals Board.
(a) Compute the total taxable income from the partnership business.
(b) Distribute the profit amongst the partners for the given year end.
(c) Ascertain the taxable income of each partner for the given year of
income.
103
Out of those who passed 74 (20.2%), and 04 (1.1%) candidates scored
pass, credit respectively. No candidate scored distinction in this question.
Most candidates could not compute total taxable income from the
partnership business.
104
IV: GENERAL OBSERVATIONS
(a) Assessment of the Examination
The panel of examiners found that the question had an appropriate mixture
of questions, the distribution of marks and the time allocated was
adequate. The paper had easy and difficult questions which were all within
the prescribed syllabus.
TABLE 12.1.8
C4 COMPARISON OF PASS RATE WITH NOVEMBER 2014 EXAMINATIONS
November 2014 November 2015 % decrease
No. of candidates passed % No. of candidates passed %
371 48.9 290 40.8 8.1
105
INTRA-LEVELS ANALYSIS OF CANDIDATES’ PERFORMANCE –
INTERMEDIATE AND FINAL LEVELS
Under the revised examination scheme and syllabus, the Board does not allow its
candidates to attempt both levels. However, it allowed those who were caught in
transition from the phased out syllabus to the new syllabus during the transitional period.
The analysis below shows performance of the 871 candidates who sat examination papers
in the Intermediate and Final Levels respectively.
Their performance is as indicated hereunder:
106
CHAPTER III
These recommendations arise from shortcomings observed in the course of marking the
candidates‟ scripts.
RECOMMENDATIONS TO TUTORS
Guidance to the candidates
1. Tutors should encourage their students to create a habit of reading current issues
and keeping themselves abreast with the issues taking place within and globally.
This will assist them in answering the questions that are of general nature and at
the same time improve their vocabulary.
2. Tutors should encourage their students to put more efforts in their studies while
preparing for the examinations. They should ensure that only those students who
have performed well in the class tests and mock examinations are allowed to sit
for the Board‟s examinations.
3. Tutors should encourage their students to read extensively and do a lot of
exercises. They should discourage students from cramming the questions and
their solutions as this will not assist them during the examinations.
4. Tutors should encourage students to devote more time in their studies and help
them to obtain relevant materials and reference books for the particular subjects.
5. Tutors should expose their students to examination techniques including how to
tackle a question in on examination room.
Teaching and learning materials
6. Tutors should prepare and update their teaching notes (competence based) that
can be made available to their students.
7. Tutors should introduce an „examination technique‟ topic during the course of
training. The examination techniques in one of the crucial areas that play a vital
role to students when it comes to answering examination questions.
8. Tutors should devote their time to prepare appropriate case study questions and
orient students especially those at higher levels on how to tackle case study
questions.
107
9. Tutors should make sure that they concentrate on teaching using NBAA Learning
Materials and other supplementary relevant learning materials to cover the
syllabus adequately. It is important that the tutors should prepare work-plans that
guide them in covering the entire syllabus of the subjects they teach.
10. Tutors should devote their time to attend NBAA seminars, workshops and
Training of Trainers workshops in order to be aware of current emerging
professional issues.
13. Tutors should ensure that they are using relevant and up-to-date teaching
materials in order to avoid misleading the students.
14. Tutors should ensure that they attend short courses regarding teaching
methodologies in order to improve their teaching styles and acquire modern
teaching methodologies.
15. Tutors should take time to read comments prepared by markers which have been
summarized in the Examiners‟ and Performance Report. By so doing they will
understand their shortfalls and improve in the respective areas mentioned by the
markers.
16. For the subjects which need practical orientation like auditing, it would be much
better for the trainers to invite practicing auditors to teach some of the topics.
17. Tutors should avoid spoon feeding the students, instead they have to apply
various participatory teaching methods in order to bring about effective learning
among the students.
18. Tutors should in as much as possible try to observe the weaknesses of their
students and address them by equipping them with different skills on the subject
matter especially on new statutes.
108
19. Tutors should at all times be up-to-date with emerging teaching techniques and
should apply them. Tutors should also apply the techniques that make the learner
think more rather than cramming.
20. Tutors should ensure that they equip themselves with knowledge and skills that
are required to teach effectively the students under competence based syllabi
21. Tutors should assist students on how to use the learning materials for effectively
learning
RECOMMENDATIONS TO STUDENTS
Applying appropriate learning styles
22. Students should develop a culture of reading NBAA Learning materials, various
textbooks and journals in order to get an in depth knowledge and understanding of
the subject matter.
23. Students should develop study schedules that will guide them during the
preparations for the examinations and ensure that they have covered each and
every topic in the syllabus.
24. Changes taking place in the accounting, auditing, tax, law regimes are vast and
hence students should keep up-to-date with those changes. For example
definitions and terminologies in accounting and auditing have been modified
since the adoption of the International Accounting/Auditing Standards. Students
need to know these changes in order to be able to apply them in their course of
study and in their work places.
25. Students should put more effort on Public Sector Accounting/Auditing as it seems
they do not give special attention on the area.
26. Students should work hard, think critically and do more practice to enhance their
competence and confidence.
27. Students should make sure that they respond to the requirements of the question
asked rather than answering what has not been asked. They should not formulate
their own questions and provide their own answers.
28. Students are required to do comprehensive preparations. They should not base
their preparations on occurrence of topics on past examinations.
109
Self motivation towards learning
29. Students need to take personal initiative to improve their mastery of English
Language. This can be achieved in many ways – through reading daily
newspapers, magazines, books and through speaking the language. Language
limitations has affected majority of candidates as they fail to express themselves
properly let alone giving them flexibility in answering the questions.
30. Students should take an initiative of improving their case study analysis. Should
seek assistance from their trainers on how to analyze a case study questions.
31. Students should develop their own learning strategies; they should not depend
entirely on their trainers.
33. Students to take seriously initiative and effort to cover the whole syllabus
requirement material through reading various books, journals and published
articles not to concentrate mostly in teaching questions and answers of past
examinations.
34. Students should avoid attempting the examination unless they have covered a
major part of the respective syllabus; also devote more time in private and group
discussions study rather than considering the examination as “going concern”.
35. Students should make a good use of the learning materials in order to improve
their learning
36. Students should ensure that they avoid learning through memorisation, instead
they have to study and understand subject matters in details
110
39. Students should have extensive course contents coverage and attempt many
questions in the preparation of their examination in the form of self exercise to
build their ability to tackle questions properly and to be able to understand
different term used in examinations.
40. Students should ensure that they attend review classes without giving any excuses
for not enrolling to these reviews.
41. Students should take time to read about examination techniques that are published
regularly in the NBAA Students‟ Newsletters and other publications in order to
acquire rightful techniques in dealing and answering examination questions.
42. Students should make use of the syllabus outlines during their preparations in
order to countercheck that they have adequately covered the syllabus.
43. Students should make use of group discussions in order to enhance their
understanding through such discussion.
44. Students should orient themselves with different type of questions, theoretical and
computational type of questions and do thorough preparations during the study
sessions. They should also equip themselves with analytical skills, especially as
at the higher levels in order to be tackle questions that require such skills.
45. Students should change their reading behaviour of memorizing various questions
and answers by devoting their time in reading various books and get an insight of
the subject matters.
46. Students should make thorough preparation for the examination by reading
extensively the recommendations text books to supplement what they are getting
from the review classes.
47. Students are advised to apply the following techniques among others in order to
pass their examinations.
111
47.2 Active participation in the classroom sessions
The education system of most countries including Tanzania does not prepare
students/candidates to take active role in the classroom. The predominant
teaching method used i.e. lecturing is characterized by various shortcomings
including: subject experts are not always good teachers, students are passive,
learning is difficult to gauge and communication is one way i.e. students are just
listening to lectures and do not participate actively. If a student goes to the class
waiting for a trainer to come and dish information to be grasped, automatically
learning becomes impaired. An effective learning to take place requires the
learners to take effective role in the learning process. Experience shows that
students who ask questions and pose challenges during the learning process they
do well in their examinations. Asking a question or posing a challenge to a
trainer does not come from nowhere, it come only if a student is interested to
what he is learning. An interested student in the learning process is the one who
takes trouble to read what is going to be taught before entering the class.
Therefore trainers are required to prepare course outlines derived from the
prescribe syllabus so as to enable students to follow. Students can make use of
the course outline to prepare on their own before they go to the classroom. The
lesson becomes enjoyable when both students and the trainers are prepared
before entering the classroom. In short, student‟s active role in the class is
fundamental factor in the effective learning process.
112
There is a good number of candidates who never attend review classes with
confidence that they know each and every thing. They register themselves for
examinations as private candidates. Experience shows that candidates who are
attending review classes have a far better chance to pass their examinations than
those who do not attend. Some of the candidates attend review classes only
when they sit for the examinations on the first time but when they are required to
refer or re-seat the examinations they neglect to register for review classes. They
claim to have adequate and sufficient materials and therefore they can study on
their own. This is not always a good decision. Human brain is characterized by
the nature of forgetting. A famous study on forgetting textbook materials
compared the percentage of material remembered after different intervals of
time. The results were as follows:
Remembering what you have heard in lectures is even more difficult to recall
because you are not able to slow down, pause, reflect, or to reread unless you
take excellent notes! In a study on recall after listening to a lecture, students
forgot more than 90% of the points from the lecture after 14 days! (Engle,
Susan: Context is everything: The nature of memory. W.H. Freeman & Co,
1999). If that is the case then there is no way a candidate may decide not to
attend review classes.
113
47.5 Practise learning of materials in deep
One of the major factors that lead to poor performance in the examinations is
learning things in shallow. Most candidates have ample time to study but they do
not do it until the „late hours‟. They keep on saying „there is enough time to
study‟. But since time does not on the favour of anyone in this universe they find
themselves running shortage of time. What follows after this is to make „ad hoc‟
preparations. In this case therefore they practise what the psychologists call „rote
learning‟. By definition rote learning is a learning technique which avoids
understanding the inner complexities and inferences of the subject that is being
learned and instead focuses on memorizing the materials so that it can be recalled
by the learner exactly the way it was read or heard. In other words, it is learning
"just for the test".
Rote learning is not the best way of studying. Students are required to study a
subject matter in deep. This will make them to own what they have learnt and
express it in their own words. In rote learning a student tries to reproduce what he
has read as it was read. „If a student reads something with the aim of reproducing
it as it is, that is not understanding. This method limits a student to learn many
things because memory capacity for human beings is also limited. Students should
also be aware that rote learning does not develop interest to learn. As you
memorize new materials the old ones fade out.
47.6 Conclusion
Candidates should take trouble to read various techniques for passing
examinations rather than concentrating only on studying topics that will appear in
the examinations. Those who have been able to make use of various study
techniques have found themselves enjoying learning and finally pass their
examinations. Studying for the examinations should be enjoyable rather than
becoming cumbersome to the candidates. This is possible if the candidates apply
appropriate techniques in their studies.
114
CHAPTER IV
CANDIDATURE DISTRIBUTION
The Board‟s examination candidature comes from various training institutions (Tuition
Providers) in the country. The November 2015 examination session drew candidates
from the following institutions as per Table 14 below:
TABLE 14
NO. OF CANDIDATES
S/N NAME OF INSTITUTION ATEC ATEC FOUNDATION INTERMEDIATE FINAL TOTAL
I II LEVEL LEVEL LEVEL
1 PRIVATE 14 22 92 611 363 1102
2 PT BRIGHT
1 8 59 37 105
MOROGORO
3 PT CCA 18 13 6 11 48
4 PT CCU 1 3 4
5 PT CORNERSTONE 10 18 36 152 60 276
6 PT COVENANT FC 16 21 95 958 458 1548
7 PT EVIN 1 2 9 603 457 1072
8 PT FANI 1 4 10 1 16
9 PT KAS 43 42 55 29 5 174
10 PT PAC- ARUSHA 11 15 17 140 68 251
11 PT PTC MWANZA 2 1 10 27 13 46
12 PT RUTER 1 3 6 3 13
13 PT EXCEL MOSHI 5 87 44 136
14 PT SJCS 6 6
15 PT PERFECT- SONGEA 1 2 1 4
16 PT PERFECT – FUTURE 6 1 7
17 PT BFC 3 2 5
18 PT FC 2 2 4
19 PT INSPIRE 6 41 11 58
20 PT MMK DODOMA 5 66 30 101
21 PT NAO 18 17 35
22 PT WETA 5 3 8
23 PT APT 10 7 17
24 PT BHC 14 8 22
25 PT TU IRINGA 4 1 5
26 PT ZIBCO 1 27 16 44
27 PT BETA 1 4 23 18 46
28 PT UPTAKE 23 15 38
29 PT AFC 1 44 483 342 870
30 PT ACG 1 43 36 80
31 PT ZENJI 2 15 11 28
32 PT CBE - DODOMA 1 1 2
33 PT RMK 1 1
34 PT ATTIUDE 2 136 84 222
35 PT DBC 1 1 1 3
TOTAL APPLIED 120 145 407 3617 2115 6404
ABSENTEEISM 9 11 43 503 159 725
TOTAL SAT 111 134 364 3114 1956 5679
115
KEY:
1 PRIVATE
2 PT BRIGHT - MOROGORO - Part-time Review Classes conducted by Bright of Morogoro
3 PT CCA - Commercial College of Arusha
4 PT CCU -
5 PT CORNERSTONE - Cornerstone Financial Consultants
6 PT COVENANT- FC - Covenant Financial Consultants
7 PT EVIN - Part-Time Review Classes conducted by Evin School of Management
8 PT FANI - Fani Business Consultants
9 PT KAS - KAS Institute of Professionals (T) Ltd. – DSM.
10 PT PAC- ARUSHA - Part-Time Review Classes Conducted by PAC Consultants of Arusha
11 PT PTC MWANZA - Professional Training Centre - Mwanza
12 PT RUTER - Ruter Business and Management Services
- Part-Time Review Classes Conducted by Excel Financial & Tax Solutions of
13 PT EXCEL- MOSHI
Moshi
14 PT SJCS - St. Joseph‟s Commercial School – Tanga
15 PT PERFECT- SONGEA - Perfect Trainers and Business Consultants
16 PT PERFECT – FUTURE - The Perfect Future Consultants
17 PT BFC - Business Finance Consultants – DSM
- Part-Time Review Classes Conducted by First Contact Institute of Business
18 PT FC
Administration & Information Technology
19 PT INSPIRE - Inspire Consultants Ltd
20 PT MMK DODOMA - Part-Time Review Classes conducted by MMK - Dodoma
21 PT NAO - Part-Time Review Classes Conducted by National Audit Office – DSM
22 PT WETA - Western Tanganyika College
23 PT APT - APT Financial Consultants – DSM
24 PT BHC - Part-Time Review Classes conducted by Business Horizon Consultants
25 PT TU IRINGA - Part-Time Review Classes Conducted by Tumaini University – Iringa Campus
26 PT ZIBCO - Zanzibar Intellectual and Business Consultants
27 PT BETA - Beta Business Consultants
28 PT UPTAKE - UPTAKE Business Resources (T) Ltd
- Part-Time Review Classes conducted by Accountants and Financial Consultants
29 PT AFC
Ltd
30 PT ACG - Part-Time Review Classes Conducted by Accountant General‟s Office
31 PT ZENJI - Zenji Review and Consultancy - Zanzibar
32 PT CBE - DODOMA - Part-time Review Classes conducted by College of Business Education – Dodoma
33 PT RMK - RMK Commercial Consultants – Arusha
34 PT ATTITUDE - Attitude Financial Consultants
- Part-Time Review Classes Conducted by Delve Business Consultants Co. Ltd. of
35 PT DBC
DSM
116
INSTITUTIONAL PERFORMANCE
1. Performance Approach:
Under this approach, the best institution is that which obtains the highest Grade
Point Average (GPA) in relation to the total number of A ,B, C, F grades obtained by
candidates in comparison with total number of papers sat by candidates in that level.
Subject GPA =
Where Na = Total Number of Candidates who have scored A in an institution at that level
Nb = Total Number of Candidates who have scored B in an institution at that level
Nc = Total Number of Candidates who have scored C in an institution at that level
Nf = Total Number of Candidates who have scored F in an institution at that level
Pa = The weight of Grade A = 3
Pb = The weight of Grade B = 2
Pc = The weight of Grade C = 1
Pf = The weight of Grade F = 0
117
Arising from the above, the best three institutions under this approach for each
examination level are as indicated hereunder: (See tables 15.1 to 15.5(b) on pages 145 to
154 of this report).
Examination Level Best Institution
ATEC I:
Category A: 1-5 Candidates 1st - PT BRIGHT MOROGORO & FANI
3rd - PT EVIN & PTC MWANZA
Category B: Above 5 Candidates 1st - PT CORNERSTONE
2nd - PT COVENANT.FC
3rd - PT PAC ARUSHA
ATEC II:
Category A: 1-5 Candidates 1st - PT AFC
2nd - PT EVIN
3rd - PT PTC MWANZA
Category B: Above 5 Candidates 1st - PT SJCS
2nd - PT CORNERSTONE
3rd - PT COVENANT.FC
FOUNDATION LEVEL:
Category A: 1-20 Candidates 1st - PT RUTER
2nd - PT ACG & PERFECT SONGEA
INTERMEDIATE LEVEL:
Category A: 1-20 Candidates 1st - PT RMK
2nd - PT WETA
3rd - PT PERFECT-SONGEA
Category B: Above 20 Candidates 1st - PT INSPIRE
2nd - PT COVENANT-FC
3rd - PT UPTAKE
FINAL LEVEL:
Category A: 1-20 Candidates 1st - PT WETA
2nd - PT UPTAKE
3rd - PT FANI & BHC
Category B: Above 20 Candidates 1st - PT COVENANT F.C
2nd - PT CORNERSTONE
3rd - PT EXCEL MOSH1
118
TABLE 15.1
SUMMARY OF RESULTS BY EXAMINATION LEVEL AND INSTITUTION WISE
1-5 CANDIDATES - ACCOUNTING TECHNICIAN LEVEL I
No of No of % of No of % of No of No of
Institution Entered Absent Sat papers A A B B C % of C F % of F GPA Ranking
PT - BRIGHT
1 0 1 4
MOROGORO 0 0.0% 0 0.0% 4 100.0% 0 0.0% 1.00 1
PT - FANI 1 0 1 4 0 0.0% 0 0.0% 4 100.0% 0 0.0% 1.00 1
PT - EVIN 1 0 1 4 0 0.0% 0 0.0% 2 50.0% 2 50.0% 0.50 3
PT - PTC MWANZA 2 0 2 4 0 0.0% 0 0.0% 2 50.0% 2 50.0% 0.50 3
PT - RUTER 1 0 1 4 0 0.0% 0 0.0% 1 25.0% 3 75.0% 0.25 5
PT - BETA 1 1 0 0 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0.00 6
PT - CCU 1 1 0 0 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0.00 6
Subtotals 8 2 6 20 0 0.0% 0 0.0% 13 65.0% 7 35.0%
RANKING
1ST - PT BRIGHT MOROGORO & FANI
2RD - PT EVIN & PTC MWANZA
Key:
Total No of Papers Attempted – Is calculated as sum of No of Candidates times Papers Attempted (∑ of Candidates x No of Papers)
Number of Grades – Is Number of Grades (A-F) scored by that Institution in all papers in that particular level.
119
TABLE 15.1
SUMMARY OF RESULTS BY EXAMINATION LEVEL AND INSTITUTION WISE
ABOVE 5 CANDIDATES - ACCOUNTING TECHNICIAN LEVEL I
No of No % of No of % of No of % of No of % of
Institution Entered Absent Sat papers of A A B B C C F F GPA Ranking
PT - Cornerstone 10 1 9 26 1 3.8% 3 11.5% 14 53.8% 8 30.8% 0.88 1
PT - Covenant F. C. 16 0 16 43 1 2.3% 5 11.6% 23 53.5% 14 32.6% 0.84 2
PT - PAC - ARUSHA 11 2 9 16 0 0.0% 0 0.0% 9 56.3% 7 43.8% 0.56 3
PT - KAS 43 2 41 107 1 0.9% 7 6.5% 42 39.3% 57 53.3% 0.55 4
PT - CCA 18 0 18 49 0 0.0% 1 2.0% 15 30.6% 33 67.3% 0.35 5
Subtotals 98 5 93 241 3 1.2% 16 6.6% 103 42.7% 119 49.4%
1ST - PT Cornerstone
2ND - PT Covenant F. C
3RD - PT PAC ARUSHA
Key:
Total No of Papers Attempted – Is calculated as sum of No of Candidates times Papers Attempted (∑ of Candidates x No of Papers)
Number of Grades – Is Number of Grades (A-F) scored by that Institution in all papers in that particular level?
120
TABLE 15.2
No of No % of No % of No of No of
Institution Entered Absent Sat papers of A A of B B C % of C F % of F GPA Ranking
PT - AFC 1 0 1 1 0 0.0% 0 0.0% 1 100.0% 0 0.0% 1.00 1
PT - EVIN 2 0 2 5 0 0.0% 0 0.0% 3 60.0% 2 40.0% 0.60 2
PT - PTC MWANZA 1 0 1 2 0 0.0% 0 0.0% 1 50.0% 1 50.0% 0.50 3
PT - CCU 3 1 2 3 0 0.0% 0 0.0% 1 33.3% 2 66.7% 0.33 4
PT - DBC 1 0 1 2 0 0.0% 0 0.0% 0 0.0% 2 100.0% 0.00 5
Subtotals 8 1 7 13 0 0.0% 0 0.0% 6 46.2% 7 53.8%
1ST - PT AFC
1ST - PT EVIN
3RD - PT PTC MWANZA
Key:
Total No of Papers Attempted – Is calculated as sum of No of Candidates times Papers Attempted (∑ of Candidates x No of Papers)
Number of Grades – Is Number of Grades (A-F) scored by that Institution in all papers in that particular level.
121
TABLE 15.2 (b)
SUMMARY OF RESULTS BY EXAMINATION LEVEL AND INSTITUTION WISE
ABOVE 5 CANDIDATES - ACCOUNTING TECHNICIAN LEVEL II
No of No of % of No of % of No of % of No of % of
Institution Entered Absent Sat papers A A B B C C F F GPA Ranking
PT - SJCS 6 0 6 24 0 0.0% 12 50.0% 12 50.0% 0 0.0% 1.50 1
PT - CornerStone 18 4 14 44 9 20.5% 5 11.4% 20 45.5% 10 22.7% 1.30 2
PT - Covenant F. C. 21 0 21 46 0 0.0% 1 2.2% 26 56.5% 19 41.3% 0.61 3
PT - PAC - ARUSHA 15 0 15 39 0 0.0% 0 0.0% 20 51.3% 19 48.7% 0.51 4
PT - KAS 42 3 39 130 0 0.0% 0 0.0% 47 36.2% 83 63.8% 0.36 5
PT - CCA 13 0 13 33 0 0.0% 0 0.0% 8 24.2% 25 75.8% 0.24 6
Subtotals 115 7 108 316 9 2.8% 18 5.7% 133 42.1% 156 49.4%
1ST - PT SJCS
2ND - PT CORNERSTONE
3RD - PT PAC – COVENANT F.C
Key:
Total No of Papers Attempted – Is calculated as sum of No of Candidates times Papers Attempted (∑ of Candidates x No of Papers)
Number of Grades – Is Number of Grades (A-F) scored by that Institution in all papers in that particular level.
122
TABLE 15.3 (a)
SUMMARY OF RESULTS BY EXAMINATION LEVELS AND INSTITUTIONS
1- 20 CANDIDATES - FOUNDATION LEVEL
No of No of % of No of No of No of
Institution Entered Absent Sat papers A A B % of B C % of C F % of F GPA Ranking
PT - RUTER 3 1 2 2 0 0.0% 1 50.0% 1 50.0% 0 0.0% 1.50 1
PT - ACG 1 0 1 1 0 0.0% 0 0.0% 1 100.0% 0 0.0% 1.00 2
PT - PERFECT SONGEA 1 0 1 2 0 0.0% 0 0.0% 2 100.0% 0 0.0% 1.00 2
PT - EVIN 9 1 8 15 0 0.0% 0 0.0% 13 86.7% 2 13.3% 0.87 4
PT - FANI 4 2 2 6 0 0.0% 1 16.7% 3 50.0% 2 33.3% 0.83 5
PT - PAC ARUSHA 17 1 16 39 0 0.0% 4 10.3% 23 59.0% 12 30.8% 0.79 6
PT - PTC Mwanza 10 0 10 30 0 0.0% 3 10.0% 17 56.7% 10 33.3% 0.77 7
PT - EXCEL - MOSHI 5 0 5 10 0 0.0% 0 0.0% 7 70.0% 3 30.0% 0.70 8
PT - BRIGHT MORO 8 0 8 31 0 0.0% 5 16.1% 10 32.3% 16 51.6% 0.65 9
PT - MMK Dodoma 5 0 5 14 0 0.0% 0 0.0% 9 64.3% 5 35.7% 0.64 10
PT - CCA 6 0 6 13 0 0.0% 0 0.0% 8 61.5% 5 38.5% 0.62 11
PT - BETA 4 1 3 5 0 0.0% 0 0.0% 3 60.0% 2 40.0% 0.60 12
PT - ATITTUDE 2 0 2 2 0 0.0% 0 0.0% 1 50.0% 1 50.0% 0.50 13
PT - INSPIRE 6 2 4 11 0 0.0% 0 0.0% 3 27.3% 8 72.7% 0.27 14
PT - DBC 1 0 1 1 0 0.0% 0 0.0% 0 0.0% 1 100.0% 0.00 15
PT - ZENJI 2 0 2 3 0 0.0% 0 0.0% 0 0.0% 3 100.0% 0.00 15
PT - ZIBCO 1 0 1 1 0 0.0% 0 0.0% 0 0.0% 1 100.0% 0.00 15
Subtotals 85 8 77 186 0 0.0% 14 7.5% 101 54.3% 71 38.2%
1ST - PT RUTER
2ND - PT NAO & PERFECT SONGEA
Key:
Total No of Papers Attempted – Is calculated as sum of No of Candidates times Papers Attempted (∑ of Candidates x No of Papers)
Number of Grades – Is Number of Grades (A-F) scored by that Institution in all papers in that particular level.
123
TABLE 15.3 (b)
No of No of % of No of % of No of % of No of % of
Institution Entered Absent Sat papers A A B B C C F F GPA Ranking
PT - Covenant F. C. 95 8 87 202 2 1.0% 34 16.8% 107 53.0% 59 29.2% 0.90 1
PT - AFC 44 4 40 107 0 0.0% 17 15.9% 61 57.0% 29 27.1% 0.89 2
PT - CornerStone 36 4 32 86 1 1.2% 13 15.1% 42 48.8% 30 34.9% 0.83 3
PT - KAS 55 4 51 154 1 0.6% 11 7.1% 68 44.2% 74 48.1% 0.60 4
Subtotals 230 20 210 549 4 0.7% 75 13.7% 278 50.6% 192 35.0%
Key:
Total No of Papers Attempted – Is calculated as sum of Number of Candidates times Papers Attempted (∑ of Candidates x No of Papers)
Number of Grades – Is Number of Grades (A-F) scored by that Institution in all papers in that particular level.
124
TABLE 15.4 (a)
SUMMARY OF RESULTS BY EXAMINATION LEVELS AND INSTITUTIONS
1-20 CANDIDATES - INTERMEDIATE LEVEL
No of No of % of No of % of No of No of
Institution Entered Absent Sat papers A A B B C % of C F % of F GPA Ranking
PT - RMK 1 0 1 1 0 0.0% 0 0.0% 1 100.0% 0 0.0% 1.00 1
PT - WETA 5 0 5 9 0 0.0% 1 11.1% 3 33.3% 5 55.6% 0.56 2
PT - PERFECT-SONGEA 2 0 2 2 0 0.0% 0 0.0% 1 50.0% 1 50.0% 0.50 3
PT - FANI 10 2 8 27 0 0.0% 0 0.0% 11 40.7% 16 59.3% 0.41 4
PT - ZENJI 15 6 9 17 0 0.0% 0 0.0% 7 41.2% 10 58.8% 0.41 4
PT - RUTER 6 0 6 16 0 0.0% 0 0.0% 5 31.3% 11 68.8% 0.31 6
PT - CCA 11 0 11 27 0 0.0% 0 0.0% 7 25.9% 20 74.1% 0.26 7
PT - APT 10 4 6 11 0 0.0% 0 0.0% 2 18.2% 9 81.8% 0.18 8
PT - BHC 14 0 14 18 0 0.0% 0 0.0% 3 16.7% 15 83.3% 0.17 9
PT - TU IRINGA 4 0 4 9 0 0.0% 0 0.0% 1 11.1% 8 88.9% 0.11 10
PT - PERFECT-FUTURE 6 2 4 13 0 0.0% 0 0.0% 1 7.7% 12 92.3% 0.08 11
PT - BFC 3 0 3 4 0 0.0% 0 0.0% 0 0.0% 4 100.0% 0.00 12
PT - CBE DODOMA 1 0 1 1 0 0.0% 0 0.0% 0 0.0% 1 100.0% 0.00 12
PT - DBC 1 1 0 0 0 0.0% 0 0.0% 0 0.0% 0 0.0% 0.00 12
PT - FC 2 0 2 2 0 0.0% 0 0.0% 0 0.0% 2 100.0% 0.00 12
PT - NAO 18 11 7 9 0 0.0% 0 0.0% 0 0.0% 9 100.0% 0.00 12
Subtotals 109 26 83 166 0 0.0% 1 0.6% 42 25.3% 123 74.1%
Key:
Total No of Papers Attempted – Is calculated as sum of Number of Candidates times Papers Attempted (∑ of Candidates x No of Papers)
Number of Grades – Is Number of Grades (A-F) scored by that Institution in all papers in that particular level.
125
TABLE 15.4 (b)
SUMMARY OF RESULTS BY EXAMINATION LEVELS AND INSTITUTIONS
ABOVE 20 CANDIDATES - INTERMEDIATE LEVEL
No of No of % of No of % of No of % of No of % of
Institution Entered Absent Sat papers A A B B C C F F GPA Ranking
PT - INSPIRE 41 8 33 98 1 1.0% 11 11.2% 37 37.8% 49 50.0% 0.63 1
PT - Covenant F. C. 958 82 876 2403 1 0.0% 204 8.5% 1006 41.9% 1192 49.6% 0.59 2
PT - CornerStone 152 19 133 310 0 0.0% 24 7.7% 128 41.3% 158 51.0% 0.57 3
PT - EXCEL - MOSHI 87 4 83 274 0 0.0% 19 6.9% 118 43.1% 137 50.0% 0.57 3
PT - UPTAKE 23 8 15 28 0 0.0% 2 7.1% 12 42.9% 14 50.0% 0.57 3
PT - MMK Dodoma 66 5 61 129 0 0.0% 5 3.9% 43 33.3% 81 62.8% 0.41 6
PT - AFC 483 46 437 923 0 0.0% 41 4.4% 276 29.9% 606 65.7% 0.39 7
PT - PAC - ARUSHA 140 13 127 301 0 0.0% 11 3.7% 96 31.9% 194 64.5% 0.39 7
PT - ATTITUDE 136 14 122 280 0 0.0% 8 2.9% 86 30.7% 186 66.4% 0.36 9
PT - EVIN 603 139 464 915 0 0.0% 18 2.0% 272 29.7% 625 68.3% 0.34 10
PT - ZIBCO 27 9 18 41 0 0.0% 1 2.4% 11 26.8% 29 70.7% 0.32 11
PT - BETA 23 4 19 31 0 0.0% 1 3.2% 7 22.6% 23 74.2% 0.29 12
PT - BRIGHT MORO 59 8 51 117 0 0.0% 3 2.6% 27 23.1% 87 74.4% 0.28 13
PT - PTC Mwanza 27 1 26 58 0 0.0% 1 1.7% 12 20.7% 45 77.6% 0.24 14
PT - KAS 29 4 25 69 0 0.0% 0 0.0% 14 20.3% 55 79.7% 0.20 15
Subtotals 2854 364 2490 5977 2 0.0% 349 5.8% 2145 35.9% 3481 58.2%
1ST - PT Covenant F. C.
2ND - PT ConerStone
3RD - PT EXCEL - MOSHI
Key:
Total No of Papers Attempted – Is calculated as sum of No of Candidates times Papers Attempted (∑ of Candidates x No of Papers)
Number of Grades – Is Number of Grades (A-F) scored by that Institution in all papers in that particular level.
126
TABLE 15.4 (a)
SUMMARY OF RESULTS BY EXAMINATION LEVELS AND INSTITUTIONS
1-20 CANDIDATES - FINAL LEVEL
No of No % of No % of No No
Institution Entered Absent Sat papers of A A of B B of C % of C of F % of F GPA Ranking
PT - WETA 3 0 3 5 0 0.0% 0 0.0% 3 60.0% 2 40.0% 0.60 1
PT - UPTAKE 15 3 12 17 0 0.0% 0 0.0% 6 35.3% 11 64.7% 0.35 2
PT - BHC 8 0 8 12 0 0.0% 0 0.0% 4 33.3% 8 66.7% 0.33 3
PT - FANI 1 0 1 3 0 0.0% 0 0.0% 1 33.3% 2 66.7% 0.33 3
PT - BETA 18 4 14 28 0 0.0% 0 0.0% 8 28.6% 20 71.4% 0.29 5
PT - ZIBCO 16 2 14 29 0 0.0% 0 0.0% 8 27.6% 21 72.4% 0.28 6
PT - RUTER 3 0 3 4 0 0.0% 0 0.0% 1 25.0% 3 75.0% 0.25 7
PT - INSPIRE 11 0 11 25 0 0.0% 0 0.0% 4 16.0% 21 84.0% 0.16 8
PT - NAO 17 5 12 20 0 0.0% 0 0.0% 3 15.0% 17 85.0% 0.15 9
PT - ZENJI 11 1 10 17 0 0.0% 0 0.0% 2 11.8% 15 88.2% 0.12 10
PT - KAS 5 0 5 9 0 0.0% 0 0.0% 1 11.1% 8 88.9% 0.11 11
PT - APT 7 0 7 8 0 0.0% 0 0.0% 0 0.0% 8 100.0% 0.00 12
PT - BFC 2 0 2 3 0 0.0% 0 0.0% 0 0.0% 3 100.0% 0.00 12
PT - CBE DODOMA 1 0 1 2 0 0.0% 0 0.0% 0 0.0% 2 100.0% 0.00 12
PT - FC 2 0 2 3 0 0.0% 0 0.0% 0 0.0% 3 100.0% 0.00 12
PT - PERFECT-FUTURE 1 0 1 1 0 0.0% 0 0.0% 0 0.0% 1 100.0% 0.00 12
PT - PERFECT-SONGEA 1 0 1 1 0 0.0% 0 0.0% 0 0.0% 1 100.0% 0.00 12
PT - PTC Mwanza 13 1 12 18 0 0.0% 0 0.0% 0 0.0% 18 100.0% 0.00 12
PT - TU IRINGA 1 0 1 1 0 0.0% 0 0.0% 0 0.0% 1 100.0% 0.00 12
Subtotals 136 16 120 206 0 0.0% 0 0.0% 41 19.9% 165 80.1%
ST
1 - PT WETA
2ND - PT UPTAKE
3RD - PT FANI & BHC
Key:
Total No of Papers Attempted – Is calculated as sum of No of Candidates times Papers Attempted (∑ of Candidates x No of Papers)
Number of Grades – Is Number of Grades (A-F) scored by that Institution in all papers in that particular level.
127
TABLE 15.5 (a)
SUMMARY OF RESULTS BY EXAMINATION LEVELS AND INSTITUTIONS
ABOVE 20 CANDIDATES - FINAL LEVEL
No of No % of No % of No % of No % of
Institution Entered Absent Sat papers of A A of B B of C C of F F GPA Ranking
PT - Covenant F. C. 458 26 432 870 0 0.0% 21 2.4% 343 39.4% 506 58.2% 0.44 1
PT - CornerStone 60 2 58 114 0 0.0% 3 2.6% 29 25.4% 82 71.9% 0.31 2
PT - EXCEL - MOSHI 44 2 42 93 0 0.0% 1 1.1% 25 26.9% 67 72.0% 0.29 3
PT - AFC 342 23 319 578 0 0.0% 2 0.3% 162 28.0% 414 71.6% 0.29 4
PT - EVIN 457 26 431 778 0 0.0% 5 2.9% 208 45.1% 565 72.6% 0.28 5
PT - ATTITUDE 84 6 78 145 0 0.0% 0 0.0% 34 23.4% 111 76.6% 0.23 6
PT - MMK DODOMA 30 1 29 47 0 0.0% 0 0.0% 11 23.4% 36 76.6% 0.23 7
PT - BRIGHT MORO 37 2 35 68 0 0.0% 0 0.0% 14 20.6% 54 79.4% 0.21 8
PT - ACG 36 0 36 77 0 0.0% 1 1.3% 13 16.9% 63 81.8% 0.19 9
Subtotals 1548 88 1460 2770 0 0.0% 33 1.2% 839 30.3% 1898 68.5%
1ST - PT Covenant F. C.
ND
2 - PT Cornerstone
3RD - PT EXCEL MOSHI
Key:
Total No of Papers Attempted – Is calculated as sum of No of Candidates times Papers Attempted (∑ of Candidates x No of Papers)
Number of Grades – Is Number of Grades (A-F) scored by that Institution in all papers in that particular level.
128
CHAPTER V
In an effort to meet the demand of the highly needed accounting personnel in the country,
the Board has been able to create cumulatively 20,746 accounting manpower since its
inception in May 1975.
These qualified accounting personnel created are categorized in the following groups:
Table 16 below shows the statistics of graduates per session and cumulatively since May
1975 to November 2015
129
EXAMINATION BBC NABOCE ATEC NAD CPA TOTAL
SESSION NO. CUM. NO. CUM. NO. CUM. NO. CUM NO. CUM. NO. CUM.
.
9TH SESSION - - 199 1103 - - 46 291 27 66 272 1460
MAY 1979
10TH SESSION - - 75 1178 - - 31 322 13 79 119 1579
NOV. 1979
11TH SESSION - - 123 1301 - - 22 344 22 101 167 1746
MAY 1980
12TH SESSION - - 119 1420 - - 24 368 20 121 163 1909
NOV. 1980
13TH SESSION - - 229 1649 - - 53 421 13 134 295 2204
MAY 1981
14TH SESSION - - 124 1772 - - 23 444 21 155 168 2372
NOV. 1981
15TH SESSION - - 172 1945 - - 37 481 19 174 228 2600
MAY 1982
16TH SESSION - - 236 2181 - - 36 517 20 194 292 2892
NOV. 1982
17TH SESSION - - 248 2429 - - 47 564 21 215 316 3208
MAY 1983
18TH SESSION - - 200 2629 - - 28 592 14 220 242 3450
NOV. 1983
19TH SESSION - - 199 2828 - - 36 628 17 246 252 3702
MAY 1984
20TH SESSION - - 215 3043 - - 37 665 12 258 264 3966
NOV. 1984
21ST SESSION 18 18 306 3349 - - 41 706 12 270 377 4343
MAY 1985
22ND SESSION 40 58 194 3543 - - 44 750 09 279 287 4630
NOV. 1985
23RD SESSION 62 120 123 3666 - - 54 804 21 300 260 4890
MAY 1986
24TH SESSION 86 206 168 3834 - - 48 852 11 311 313 5203
NOV. 1986
25TH SESSION 64 270 205 4039 - - 25 877 06 317 300 5503
MAY 1987
26TH SESSION 93 363 129 4168 - - 40 917 14 331 276 5779
NOV. 1987
27TH SESSION 298 661 175 4343 - - 32 949 14 345 519 6298
MAY 1988
28TH SESSION 292 953 179 4522 - - 72 1021 22 367 565 6863
NOV. 1988
29TH SESSION 332 1285 201 4723 - - 40 1061 16 377 589 7452
MAY 1989
30TH SESSION 446 1731 232 4955 - - 78 1139 31 414 787 8239
NOV. 1989
31ST SESSION 482 2213 235 5190 - - 118 1257 17 431 852 9091
MAY 1990
32ND SESSION 758 2971 211 5401 - - 114 1371 40 471 112 10214
NOV. 1990 3
33RD SESSION - 2971 345 5746 - - 111 1482 61 532 517 10731
MAY 1991
34TH SESSION - 2971 - 5746 56 56 55 1537 64 596 175 10906
NOV. 1991
130
EXAMINATION BBC NABOCE ATEC NAD CPA TOTAL
SESSION NO. CUM. NO. CUM. NO. CUM. NO. CUM NO. CUM. NO. CUM.
.
35TH SESSION - 2971 - 5746 136 192 - 1537 - 596 136 11042
MAY 1992
36TH SESSION - 2971 - 5746 186 378 - 1537 11 607 197 11,239
NOV. 1992
37TH SESSION - 2971 - 5746 119 497 - 1537 12 619 131 11,370
MAY 1993
38TH SESSION - 2971 - 5746 104 601 - 1537 12 631 116 11,486
NOV. 1993
39TH SESSION - 2971 - 5746 110 711 - 1537 16 647 126 11,612
MAY 1994
40TH SESSION - 2971 - 5746 207 918 - 1537 19 666 226 11,838
NOV. 1994
41ST SESSION - 2971 - 5746 122 1040 - 1537 28 694 150 11,988
MAY 1995
42ND SESSION - 2971 - 5746 117 1157 - 1537 29 723 146 12,134
NOV. 1995
43RD SESSION - 2971 - 5746 87 1244 - 1537 36 759 123 12,257
MAY 1996
44TH SESSION - 2971 - 5746 111 1355 - 1537 53 812 164 12,421
NOV. 1996
45TH SESSION - 2971 - 5746 109 1464 - 1537 28 840 137 12,558
MAY 1997
46TH SESSION - 2971 - 5746 107 1571 - 1537 40 880 147 12,705
NOV. 1997
47TH SESSION - 2971 - 5746 124 1695 - 1537 40 920 164 12,869
MAY 1998
48TH SESSION - 2971 - 5746 60 1755 - 1537 29 949 89 12,958
NOV. 1998
49TH SESSION - 2971 - 5746 80 1835 - 1537 52 1001 132 13,090
MAY 1999
50TH SESSION - 2971 - 5746 80 1915 - 1537 47 1048 127 13,217
NOV. 1999
51ST SESSION - 2971 - 5746 104 2019 - 1537 42 1090 146 13,363
MAY 2000
52ND SESSION - 2971 - 5746 91 2110 - 1537 71 1161 162 13,525
NOV.2000
53RD SESSION - 2971 - 5746 45 2155 - 1537 77 1238 122 13,647
MAY,2001
54TH SESSION - 2971 - 5746 64 2219 - 1537 33 1271 97 13,744
NOV. 2001
55TH SESSION - 2971 - 5746 41 2260 - 1537 28 1299 69 13,813
MAY 2002
56TH SESSION - 2971 - 5746 42 2302 - 1537 53 1352 95 13,908
Nov. 2002
57TH SESSION - 2971 - 5746 55 2357 - 1537 49 1401 104 14,012
MAY 2003
58th SESSION - 2971 - 5746 58 2415 - 1537 55 1456 113 14,125
NOV. 2003
59th SESSION - 2971 - 5746 85 2500 - 1537 165 1621 250 14,375
MAY 2004
60TH SESSION - 2971 - 5746 113 2613 - 1537 134 1755 247 14,622
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EXAMINATION BBC NABOCE ATEC NAD CPA TOTAL
SESSION NO. CUM. NO. CUM. NO. CUM. NO. CUM NO. CUM. NO. CUM.
.
NOV. 2004
61ST SESSION - 2971 - 5746 65 2678 - 1537 142 1897 207 14,829
MAY 2005
62ND SESSION - 2971 - 5746 75 2753 - 1537 131 2028 206 15,035
NOV. 2005
63RD SESSION - 2971 - 5746 62 2815 - 1537 92 2120 154 15,189
MAY 2006
64TH SESSION - 2971 - 5746 35 2850 - 1537 83 2203 118 15,307
NOV. 2006
65TH SESSION - 2971 - 5746 102 2952 - 1537 97 2300 199 15,506
MAY 2007
66TH SESSION - 2971 - 5746 61 3013 - 1537 177 2477 238 15,744
NOV. 2007
67TH SESSION - 2971 - 5746 21 3034 - 1537 184 2661 205 15,949
MAY 2008
68TH SESSION - 2971 - 5746 49 3083 - 1537 97 2758 146 16,095
NOV. 2008
69TH SESSION - 2971 - 5746 45 3128 - 1537 179 2937 224 16,319
MAY 2009
70TH SESSION - 2971 - 5746 61 3189 - 1537 146 3083 207 16,525
NOV. 2009
71ST SESSION - 2971 - 5746 32 3221 - 1537 164 3247 196 16,722
MAY 2010
72ND SESSION
NOV. 2010 - 2971 - 5746 33 3254 - 1537 176 3423 209 16,931
73RD SESSION - 2971 - 5746 29 3283 - 1537 185 3608 214 17,145
MAY 2011
74TH SESSION - 2971 - 5746 31 3314 - 1537 268 3876 299 17,444
NOV. 2011
75th SESSION - 2971 - 5746 35 3349 - 1537 259 4135 294 17,738
MAY 2012
76th SESSION - 2971 - 5746 23 3372 - 1537 188 4323 211 17,949
NOV. 2012
77th SESSION - 2971 - 5746 26 3398 - 1537 468 4791 494 18,443
MAY 2013
78th SESSION - 2971 - 5746 36 3434 - 1537 377 5,168 413 18,856
NOV. 2013
79th SESSION - 2971 - 5746 46 3480 - 1537 478 5,646 524 19,380
MAY 2014
80th SESSION - 2971 - 5746 43 3523 - 1537 369 6,015 412 19,792
NOV. 2014
81st SESSION - 2971 - 5746 42 3565 - 1537 600 6,615 642 20,434
MAY 2015
82nd SESSION - 2971 - 5746 42 3607 - 1537 270 6,885 312 20,746
NOVEMBER
2015
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CHAPTER VI
133
1.2.3 Best Female Prizes
In motivating female candidates to work harder in their studies and perform
better in the Board‟s examination, two categories of prizes are offered to female
candidates as follows:
134
1.3.2 Subject to Subject Performance Prize
The prize is offered to the best candidate who has excelled in a subject by
attaining at least a credit mark -70% or above in Accounting Technician
Examination Scheme or 60% or above in professional examination scheme.
The following candidates qualify for the prizes in each examination layer:
Accounting Technician Level I
Code and Subject Name Name Index No. Amount
Tshs.
T.01 - Bookkeeping and Accounts RUKOKERWA, DICKSON E. 1026281 40,000
135
INTERMEDIATE LEVEL
Code and Subject Name Name Index No. Amount
Tshs.
B1 - Financial Management KASANGA, MASHAURI 4026471 60,000
FINAL LEVEL
Code and Subject Name Name Index No. Amount
Tshs.
C1- Corporate Reporting No candidate qualified for the Prize 70,000
136
1.3.3.2 NBAA Best Graduate Female Prizes
The second category of prize is the Best Graduate Prize which is to be offered to the
female candidates who scores highest marks in aggregate among female candidates in
ATEC II or CPA (T).
The names of organizations and amounts offered in each examination session are
indicated hereunder:
2.6 Ernst & Young: Auditing and Assurance (C2) Prize Tshs.310,000
2.8 TaxPlan Associates: Best Public Finance and Taxation II (C4) Tshs.400,000
Prize
137
2.11 Deloitte & Touche: Auditing and Assurance (C2) Prize Tshs.500,000
138
2.20 TAA Best Candidates’ Prizes
2.20.1 TAA Best Two ATEC Candidates Prizes Tshs.100,000
2.20.2 TAA Best Two CPA (T) Candidates Prizes Tshs.200,000
2.21 RSM Ashvir: Best CPA (T) Graduate Prize Tshs.500,000 &
Employment
2.22 Cornerstone Financial Consultants
1. PRICEWATERHOUSECOOPERS PRIZES
Name of Prize Name of Winner Index No. Amount
PWC: AUDITING AND NGOWI, HAPPINESS E. 5024369 Tshs.300,000
ASSURANCE (C2) PRIZE
PWC BEST CPA (T) NGOWI, HAPPINESS E. 5024369 Tshs.400,000
GRADUATE PRIZE
139
6. ERNST & YOUNG PRIZES
Name of Prize Name of Winner Index No. Amount
ERNST & YOUNG: NGOWI, HAPPINESS E. 5024369 Tshs.310,000
AUDITING AND
ASSURANCE (C2) PRIZE
140
14. ACCOUNTANT GENERAL’S OFFICE PRIZES
The Office of the Accountant General offers special prize Prizes to candidates with
excellent performance in the Board‟s examinations. The Prizes worth Tshs.2,440,000/- are
offered in each examination session.
Candidates winning the prizes for the November 2015 examinations are as shown below:
141
15. NEXIA SJ TANZANIA ACCOUNTANTS & BUSINESS ADVISERS PRIZES:
142
20. TANZANIA ASSOCIATION OF ACCOUNTANTS PRIZES
Name of Prize Name of Winner Index No. Amount
TAA: BEST ATEC II CANDIDATE NINA, OMARI A. 2025612 Tshs.50,000
PRIZE
TAA: BEST CPA (T) CANDIDATE NGOWI, HAPPINESS E. 5024369 Tshs.100,000
PRIZE
____________________
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