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I passed my SLS and presentation, but not my RAP. I want to clarify if I need to re-submit the presentation if I am re-submitting my RAP with new audited numbers published recently?
My second concern is if I need to attend meetings again and provide mentor details for the re-submission?
“You fail in this section as your RAP is mostly narrative in nature. For example on page 28 you state “The CAR of the banks had been higher than the statutory requirement, throughout the three year period. “The capital adequacy ratios of the sector remained above the required minimum levels although they decreased due to the growth of risk weighted assets.” You do not however explain why there was a growth in risk weighted assets. You must go further than simply state that a ratio or financial measure has changed. You must look at the financial and business reasons behind that change and then discuss their implications on the business. On p29 you state that you cannot analyse ratios due to insufficiency of information. This i am surprised about as the bank is a quoted company. If it is really true then you need to reassess whether it is a suitable subject for your report.”
This was the marker comment I received for failing the RAP. Could you please clarify as to what does he mean by “Change the subject”? Does he require me to change the company under consideration or just that particular ratio?
P.S- The ratio he is refering to is Non performing loan ratio (Bank) where such information are confidential for the Bank