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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

Infrastructure development booming at UFS
2016-09-30

Description: Physics and Geography Complex on the Qwaqwa Campus  Tags: Physics and Geography Complex on the Qwaqwa Campus

The new Physics and Geography Complex on the
Qwaqwa Campus is connected to the existing
Chemistry Building.

Photo: Charl Devenish

As a world-class tertiary institution, the University of the Free State (UFS) boasts with three new buildings on its Bloemfontein and Qwaqwa Campuses since 2015. All of these buildings are extensions to current buildings, supporting the university’s vision of excellence in academic achievement.

Extensions and additions to the value of R23 million were made to the existing Biotechnology Building. The funding was provided by the Department of Higher Education and Training. The additions were made to the southwestern corner of the existing building. Further developments to the building includes: six new offices, a lecture hall for 70 students, and laboratories accommodating 56 postgraduate students.

Prof Martie Smit, Academic Head of this department, says: “This new and refurbished facility enables us to give our best. As academics, we are committed to do our part in delivering high-quality education on both undergraduate and postgraduate levels to students envisaging a future in biotechnology.”

Dr Lis Lange, Vice-Rector: Academic, is proud of the heights the department has reached to date. “The Department of Physics is undoubtedly one of the jewels in the crown of our university, and we are very proud of its developments. Universities are built on legacies, and they are also about change, which is what this department has been demonstrating.”
The new Physics and Geography Complex on the Qwaqwa Campus is connected to the existing Chemistry Building. The building is the first of its kind on the campus and boasts an auditorium with 360 seats and a Geography Information System laboratory with 100 work stations.
 

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