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UFS School of Accountancy pass rate trumps SAICA national average

02 April 2019 | Story Valentino Ndaba | Photo Charl Devenish

Accounting Students — Pictured are 8 of the 64 UFS School of Accountancy students who form part of the 84.2% pass rate achievers.

Students from the University of the Free State (UFS) School of Accountancy achieved a 84.2% pass rate compared to the national average of 76.2% during the Initial Test of Competence (ITC) examination facilitated by the South African Institute of Chartered Accountants (SAICA).

A total of 64 out of 76 UFS students who attempted the ITC for the first time were successful in the examination. The ITC is known for its challenging nature. Demographically, our African black students outperformed the 62.1% national pass rate by attaining an impressive 80.6%.

Collective congratulations

Prof Hentie van Wyk, Programme Director at the school, attributed diligence for the high pass rate. “This is due to our student-centred teaching module that was introduced four years ago and committed academic staff of the School of Accountancy from the first to the fourth year.”

Further future surge expected

“With the coming June 2019 ITC sitting, our pass rate for 2019 will most probably be more than 90%. Our three-year rolling average for 2015-2017, 2016-2018 and 2017-2019 were 83%, 86% and 90% respectively. Hopefully we can maintain the upward curve,” said Prof Van Wyk.

News Archive

Department of Agricultural Economics provides help with workshop

2010-03-08

From the left are: Mr Dannhauser, Prof. Willemse and Mr Strydom at the first agricultural prospects workshop of 2010.
Photo: Lize du Plessis

The Department of Agricultural Economics at the University of the Free State (UFS) recently presented an agricultural prospects workshop for mainly agri-businesses and producers on the Main Campus in Bloemfontein.

The workshop, which has been presented quarterly since 2005, focused on providing farmers the opportunity to share their strategies with one another. They also received advice from agri-businesses such as co-operations, input producers, merchants and banks. Mr Dries Dannhauser, owner of Sharex, who speculates with commodities and shares, advised farmers struggling with mealie sales. He explained how to lower risks with South African Futures Exchange (SAFEX).

Prof. Johan Willemse, Departmental Chairperson of the Department of Agricultural Economics at the UFS and Mr Dirk Strydom also presented lectures about, among others, market trends. The workshop will be presented again on 4 May, 18 August and 27 October this year in the CR Swart Auditorium on the Main Campus.

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