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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

Funding available for Research Master’s and Doctoral studies
2015-11-30

The University of the Free State (UFS) has announced the availability of tuition bursaries for full-time and part-time studies in 2016.

All research master’s and PhD students who register in 2016 will receive funding to cover their tuition fees. South African and international students are eligible to apply.

The total value of the funding is equivalent to the annual tuition fees applicable for students from the SADC region, while the tuition of international students will be covered for 33% of the value of their studies.

Funding is available for two years for master’s students, and three and four years respectively for full-time and part-time PhD students. Renewal of the funding will be dependent on the previous year’s academic progress. To qualify, students must meet all academic requirements of the UFS and must have been provisionally admitted to an academic programme.

The UFS also recently announced that final-year undergraduate students, as well as students from other universities, may apply and pay no application or registration fees for an Honours degree in 2016. Click here for more information about Honours studies in 2016.

The Postgraduate School in the Johannes Brill Building can provide more information about all the scholarships, bursaries as well as offer research training support available for postgraduate studies.

The deadline for applications for Honours bursaries was 30 November 2015. There is no deadline for master’s and PhD bursary applications, as postgraduate students can register for these qualifications throughout the year.

All postgraduate application enquires can be directed to Ms Joy Nogabe on +27(0)51 401 7161 or nogabesj@ufs.ac.za.


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