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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

Offender learners get unique opportunity
2016-08-02

Description: Mandela Day Project  Tags: Mandela Day Project

Subashini Moodley, Regional Commissioner Northern Cape
and Free State.
Photo: Rulanzen Martin

Nelson Mandela spoke of education as the tool of liberation. Kamogelo Dithebe, Chairperson of the Postgraduate Student Council (PGSC), opened the PGSC’s Mandela Day Project with these striking words.

The PGSC at the University of the Free State (UFS) hosted the Tswelopele Correctional Service Centre Career Day for their annual Mandela Day project on the Bloemfontein Campus on 27 July 2016. Grade 11 and 12 learner offenders from the Kimberley-based centre were given a tour of the campus.

Visitors empowered with knowledge

Subashini Moodley, Free State and Northern Cape Regional Commissioner, said: “It is really a privilege to be here today. It is not every day you see a Correctional Centre roaming around campus.” She thanked the postgraduate council for making the opportunity possible, as it was the first open day for the offender-learners in collaboration with the PGSC.

She told the offender-learners that they were privileged to be given the opportunity as many learners in a normal school environment often come to university not knowing what to expect or what to study. She said they should empower themselves with knowledge as they met with the different faculties.

Tour encourages and change lives

Mthulisi Zandile, a Grade 12 offender learner, was very excited to learn about the career options available after completing a university degree. “It means a lot to us as it will further our education, and bring change in our life, as this will show me the right route to pass matric with flying colours,” said Mthulisi.

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