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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 Young Guns dethrone unbeaten Tuks with extra time kicking
2014-04-02


Photo: Supplied

The Shimlas Young Guns claimed the U/20 Varsity Cup title when they beat the defending champions UP-Tuks Young Guns during a nail-biting extra time kick-off competition in Pretoria on Monday.

The U/20 Tuks team had not lost a Young Guns game for three years as they headed into this clash. They took an early lead in front of their home crowd and stayed ahead until the second half. Yet, the UFS started making their comeback when lock Justin Basson crossed the try line and leveled the score.

Both Shimlas and Tuks scored another try before the whistle blew, still leaving the scores level at full time. The goal kicking done by the UFS in extra time sealed the deal for a first ever Young Guns tournament title for our boys from Bloemfontein.


UFS-Shimlas Young Guns scorers


Tries: Justin Basson, Stephen Rautenbach
Conversions: Rautenbach
Penalties: Rautenbach (2)

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