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23 August 2019 | Story Valentino Ndaba
UFS Accountancy students
The UFS School of Accountancy is fast becoming one of the best in the country.

Becoming a Chartered Accountant (SA) entails successfully completing the rigorous education and training requirements set by the South African Institute of Chartered Accountants (SAICA). As part of these requirements, all prospective CAs are required to write SAICA’s challenging Initial Test of Competence (ITC). A total of 83 graduates from the University of the Free State (UFS) passed the 2019 ITC examinations, making the Kovsie community and School of Accountancy proud.

Prof Frans Prinsloo, the Director at the UFS School of Accountancy, applauded the successful graduates – of whom 39 are African, five coloured, one Indian, and 38 white. “More than 55% of our graduates who wrote the exam are black (African, coloured and Indian), demonstrating that our emphasis on building the pipeline of under-represented prospective Chartered Accountants (SA) is paying off in terms of both racial and gender inclusion.”

Rising above the ultimate test

SAICA released the results of the June 2019 ITC examination on Friday 16 August 2019. The ITC examination is the first of two professional examinations required for qualification as a Chartered Accountant (SA), and is written shortly after completion of formal university studies. There are two sittings of this examination annually, in January and June.

Compared to the national average pass rate of 75.4% for the 2019 ITC examinations, UFS BAcc Honours and Postgraduate Diploma in Chartered Accountancy graduates delivered a superior performance. The 94.7% pass show that our graduates are a force to be reckoned with.

Upping standards
More than 10 of the Thuthuka Bursary Programme graduates of 2018 who wrote the 2019 ITC examinations, passed, which translates into a 92% pass for this group. Such an achievement also confirms the success of the bursary programme ‘wraparound support’ interventions, by delivering results well in excess of the national average. These interventions also extend to the development of professional skills essential for the corporate world – thereby ensuring that these graduates are not only technically strong, but ‘work-ready’.

Best in the business of excellence
“These results place the UFS School of Accountancy amongst the best in the country in terms of Chartered Accountancy education, and is testament to the hard work of the academic staff and the quality of our CA programme,” says Prof Prinsloo.

News Archive

Kovsie’s big break legacy
2013-03-12

 

Zama Sibinda
Photo: Zama Sibinda
08 March 2013


The University of the Free State is proud of Zama Sibinda’s national accomplishment. The BCom Honours student were selected in the top 25 from a list of 2 500 contestants to take part in the “The big break legacy” competition that will be broadcast on SABC. This show aims to start a global revolution of entrepreneurs that will build new enterprises which are innovative, exciting and sustainable and that contributes meaningfully towards the social development of communities.

Zama’s concept is that of a night billboard which can be seen from every angle in a particular city where it will be displayed. The billboard will be reflected towards the sky using a laser hologram projector and it will only work at night. “This billboard would be ideal for specific cities such as Cape Town, Johannesburg, New York and Las Vegas that hardly sleep,” says Zama.

To vote Zama into the top 12 of the competition, please sms “Zama Sibinda” to 33614 (sms rates: R1.50. Ts &Cs apply).The competition lines are open from 8 March till 12 March 2013.

More information: Students can follow Zama on twitter: @Mr Sibinda. They can also like his FACEBOOK page: Zama Sibinba.

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