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UFS students attain a 94.7% pass rate in challenging SAICA exam

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

Lots of inspiration at Autumn Graduation Ceremony

2013-04-08

Photo: Hannes Pieterse
27 March 2013

The university’s Autumn Graduation Ceremony promises to be another special occasion, with speakers from South Africa and abroad that will address the graduates.

A total of 526 diplomas/certificates and 2 796 bachelor’s and honours degrees will be awarded at the ceremony. The diplomas/certificates and degrees will be awarded during eight ceremonies in the Callie Human Centre on the Bloemfontein Campus from 16 to 19 April 2013.

Well-known radio host and Idols South Africa judge, Gareth Cliff, will be the guest speaker at two ceremonies on 18 April 2013. He will be joined by Vicus Visser, the South African YouTube singing sensation dubbed Bloemfontein’s Justin Bieber. Vicus and his brother Vincent, will perform during the two ceremonies.

Graduates will also be able to draw inspiration from the American student and tap dancer, Joshua Johnson, whom overseas media report widely about. Joshua inspired American audiences with his story of hope and perseverance. The student from Penn State University travels five hours by bus to New York every weekend, where he dances on the subway train to earn money for his tuition fees.

Joshua has appeared on the Ellen DeGeneres Show and his story has also been told in the New York Times and on the American news programme ABC World News with Diane Sawyer.

Joshua will be the guest speaker at the ceremonies on 16, 17 and 19 April 2013. He will also deliver a dance item.

The programme for the respective ceremonies is:

Tuesday 16 April

09:30 Diplomas and certificates up to and including honours degrees in the Faculty of the Humanities: only Social Sciences and Communication Science.
14:30 Diplomas and certificates up to and including honours degrees in the Faculty of the Humanities: Social Sciences and Communication Science excluded.

Wednesday 17 April

09:30 Diplomas and certificates up to and including honours degrees in the Faculty of Education.
14:30 Diplomas and certificates up to and including honours degrees in the Faculties of Health Sciences, Law and Theology.

Thursday 18 April

09:30 Diplomas and certificates up to and including honours degrees in the Faculty of Natural and Agricultural Sciences: only Agricultural Sciences and Architecture.
14:30 Diplomas and certificates up to and including honours degrees in the Faculty of Natural and Agricultural Sciences: only Natural Sciences.

Friday 19 April

09:30 Diplomas and certificates up to and including honours degrees in the Faculty of Economic and Management Sciences: all diplomas and degrees in the Faculty, except BCom and BComHons.
14:30 Diplomas and certificates up to and including honours degrees in the Faculty of Economic and Management Sciences: only BCom and BComHons.

The Qwaqwa Campus’ graduation ceremony will take place on 8 June 2013. Diplomas/certificates up to and including doctorates will be awarded at this ceremony.

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