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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

PwC invests in student potential at UFS
2017-02-28

Description:PwC invests in student potential  Tags: PwC invests in student potential  longdesc=

From the left are: Cassius Coetzee, Marketing
Manager at PwC, Mbalentle Mdange and
Clementine Molaeng, both accounting students
at the UFS, and Belinda Janeke from the Career
Development Office at the UFS.
Photo: Siobhan Canavan

Corporate Bloemfontein has made it its mission to invest in the potential of students, which is exactly what PricewaterhouseCoopers (PwC) set out to do with its competition for accounting students.

PwC to join UFS Career Fair in 2017

The Career Development Office at the University of the Free State (UFS), in partnership with PwC, held a competition in which students had the opportunity to win book vouchers.

Cassius Coetzee, marketing manager at PwC, did the handover at the UFS which saw Mbalentle Mdange and Clementine Molaeng each walk away with book vouchers to the value of R1500, as well as goodie bags from the Career Development Office.

Belinda Janeke from the Career Development Office said it was always a pleasure working with the PwC team and said they would be joining the UFS Career Fair later this year.

Corporate companies and the community

Vicky Simpson, from the Department of Institutional Advancement, said there were businesses and organisations that believed in making a difference in the lives of students. “We commend each of them for their passion and enthusiasm. Collaboration is the key to the success of our community. People matter to us and even more so, the important role we play within our community.”

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