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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

Kovsies to celebrate excellence at 2014 December Graduation Ceremony

2014-12-02

Live streaming: http://apps.ufs.ac.za/ufslivestreaming/

On Thursday 11 December 2014, the University of the Free State (UFS) will award degrees and qualifications during our Summer Graduation Ceremony at the Bloemfontein Campus.

The graduation will take place during two ceremonies in the Callie Human Centre, where master’s and PhD degrees will be awarded during the first ceremony at 09:30. Diplomas, certificates and undergraduate qualifications will be awarded to students from the School of Open Learning and the Faculty of Health Sciences at 14:30.

Radio personality, Redi Thlabi, and cardiothoracic surgeon, Dr Susan Vosloo, will address the graduates.

Apart from her radio show on 702 and CapeTalk, Thlabi has also hosted local television news shows and anchored for international broadcasters like SKY and the BBC. In addition, she has presented two of her own TV shows: ‘Redi’ on Mzansi Magic and ‘South to North’ on Al-Jazeera.

Her first book, Endings and Beginnings (Jacana) received popular acclaim and is currently being turned into a screenplay for a movie.

Dr Susan Vosloo, a Kovsie alumnus, graduated in 1980. She completed her internship in Pretoria and spent the following year in Critical Care Medicine at Universitas Hospital, Bloemfontein, before starting her surgical training in Johannesburg.

She is currently in independent private practice at the Netcare Christiaan Barnard Memorial Hospital in Cape Town, having also worked from 1998 – 2012 at the Vincent Pallotti Hospital in the same city.

Dr Vosloo maintains close ties with our university and has quite a number of addition roles to that of surgeon:

• member of the Council of the UFS;
• UFS Council Representative in the Senate;
• member of the Standing Advisory Committee of the School of Medicine, UFS;
• member of the Provincial Department of Health;
• Africa representative for the Pediatric Cardiac Intensive Care Society; and
• founding member of the World Society for Pediatric and Congenital Heart Surgery.

Prof Boelie Wessels will also be awarded his 10th academic degree from the UFS since 1974. Adding his Honorary Doctorate degree to the list, it will make this his 11th degree. Prof Wessels is 84 years old and has 18-plus academic qualifications from various institutions – a phenomenal achievement.

Furthermore, Moses Lubinga and his wife, Stellah, will be the first married couple to be awarded their PhDs at the same graduation ceremony at the UFS. Mr Lubinga will receive his Doctorate in Agricultural Economics, while Mrs Lubinga’s PhD is in the field of Economic and Management Sciences.

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