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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.

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2016-05-13

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Student Bursary Fund Campaign launched: #FundAFuture and make a difference
Motho ke motho ka batho. A person is a person through others

 

We live in a world filled with want. Often, we ache to make a difference, but become overwhelmed and despondent when we look into this chasm of need. However, the University of the Free State (UFS) has created a way for each of us to change lives, in much the same way that the life of Nozi Bonje has been changed.

“Through the opportunities given to me, I realised that you don’t have to be defined by the school you went to. You can do so much more – and you can dream big dreams and realise them.”

Then
The early chapters of Nozi’s life story reveal a shy girl, hiding between the pages of her books on the playground of a township school. With barely a whisper, Nozi was slipping into a desolate future where dreams existed only in sleep.

Now

Today, that timid young girl has grown into a woman who throws her head back in effortless laughter, confidence sparking off her in bright arcs. What changed the trajectory of her future? Financial support for a tertiary education altered Nozi’s life permanently.

“If I didn’t go to university, I would have been this sad little person,” she remarks. “Studying is not just about learning from a textbook, though. It also challenges you to think critically. You start seeing things in a different perspective, and respond differently.”

Description: Nozi_FundAFuture Tags: Nozi_FundAFuture

Nozi Bonje
Photo: Sonia Small

Giving back
Funding enabled Nozi to obtain a BSc degree in Human Molecular Biology at the UFS in 2015. She was one of the top students in her class. Inspired and driven, she is currently pursuing an honours degree in Molecular Genetics, also at the UFS.

“My main dream is to make a difference in people’s lives. For me, it’s all about giving back, because so many people helped me throughout my journey.”

Student Bursary Fund Campaign

In order to help increase the number of lives transformed through higher education – such as Nozi’s – the UFS has established the Student Bursary Fund Campaign. This campaign aims to raise money to fund talented, deserving students who lack the financial means of obtaining a university degree. We cannot do this alone, though.

Your support is crucial.

Each contribution will bring us closer to our goal while changing the future of our youth. Visit our Giving page for ways to donate.

 


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