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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

Registration process not affected by power shedding
2008-01-24

The power shedding that has been affecting the country over the last few weeks has no effect on the University of the Free State’s (UFS) registration process and it is continuing as normal.

The Callie Human Centre in Bloemfontein, where the registration process of the Main Campus is taking place, is supplied with emergency power. Although power shedding is taking place on the rest of the campus, the centre is not affected by this. The registration process has been running smoothly so far.

“It appears that students are under the impression that the registration process is also affected by the power shedding and, as a result, they are turning up in smaller numbers than usual to register. This can cause problems for us later on because the registration process is divided into different categories of students and it takes place according to a predetermined programme,” said Mr Vernon Collett, Registrar of Academic Student Services at the UFS.

“If students do not keep to the registration programme it can create unnecessary delays in the registration process. I want to encourage students to keep to the predetermined registration dates that are applicable to them as the academic year will commence soon,” said Mr Collett.

Senior undergraduate students (that is students entering their second or later year of study) started registering on Monday, 21 January 2008. Students who applied for admission to the Main Campus after 30 November 2007 and were accepted, must register from 4 February 2008 according to a process applicable to them. Lectures will start on 4 February 2008 and the registration process will end on 8 February 2008. Registered modules can be amended from 4-8 February 2008.

Detailed information on the dates and times of registration for the various faculties and academic learning programmes is available on the UFS website at www.ufs.ac.za.

 

MEDIA RELEASE

Issued by: Lacea Loader
Assistant Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl.stg@ufs.ac.za

24 January 2008
 

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