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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.

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Grant of almost R3 million from the NRF for researchers

2007-02-13

The Research Directorate at the University of the Free State (UFS) received a grant of almost R3 million this year from the National Research Foundation (NRF) for the development of young researchers from the designated groups through the Thuthuka capacity building programme. The amount of grant holders increased during the past four years from five successful applications in 2003 to a phenomenal 44 this year. The Thuthuka programme is a partnership programme in which the UFS contributes two thirds of each grant holder's funding. This year, the Faculty of Economic and Management Sciences at the UFS is also taking part in the programme for the first time.

Here are, from the left: Ms Lizelle Janse van Rensburg (grant holder), Mr Antonie Pool (grant holder), Mr Arno van Niekerk (grant holder), Ms Annelize Venter (programme co-ordinator at the UFS Directorate of Research Development), Prof Phillipe Burger (chairperson of the Department of Economics at the UFS), Mr Johan Coetzee (grant holder) and Prof Lucius Botes (chairperson of the faculty's research committee).

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