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School of Accountancy students make us proud

06 April 2020 | Story Nitha Ramnath | Photo Sonia Small

Students on Campus — UFS accounting students are flying the Kovsie flag high.

The School of Accountancy is proud to announce that 55 (74%) of the 2019 graduates for the BAcc Honours and Postgraduate Diploma in Chartered Accountancy programmes have passed the Initial Test of Competence (ITC) examination for the Chartered Accountant (SA) designation, compared to the national average of 68% for first-time candidates.

The results were recently released by the South African Institute of Chartered Accountants (SAICA). The ITC examination is the first of two professional examinations required for qualification as a chartered accountant (SA), and is written shortly after completing formal university studies, with two sittings of this examination annually, i.e. in January and June.

Of the 2019 Thuthuka Bursary Programme, seven out of eight graduates passed, translating into an 88% pass rate for this group.

Prof Frans Prinsloo, Director of the School of Accountancy, said: “I am pleased to report that these results confirm the quality and excellence of our CA programmes – a point repeatedly noted by the SAICA monitoring team during their formal feedback session last week. These results are also testament to the hard work and dedication of the academic staff in the school.”

News Archive

Standard Bank helps B.Iuris students prepare for profession

2009-05-19

The Centre for Financial Planning Law (CFPL) in the Faculty of Law at the University of the Free State (UFS) recently launched the Faculty of Law – Standard Bank partnership for final-year B.Iuris students. The partnership entails a R250 000 donation from Standard Bank to be used to support the financial planning programme of the B.Iuris degree and the lecturers teachingthese students. Standard Bank will also offer final-year B.Iuris students the opportunity to obtain work experience in their last semester. They will also undergo practical financial planning training. This will not only prepare them adequately for the profession of financial planning, but also provide them with the opportunity to be interviewed and appointed by the Standard Bank Group. At the launch of the partnership were, from the left: Mr Eli de Wet, Standard Bank Financial Services Consultancy, Head of Learning and Development; Mr Deon Nel, Standard Bank Regional Head; Remay Olivier, third-year B.Iuris student (best second-year B.Iuris student in her class); Prof. Johan Henning, Dean of the Faculty of Law at the UFS; and Adv. Wessel Oosthuizen, Director of the Centre for Financial Planning Law in the Department of Mercantile Law, UFS.
Photo: Stephen Collet

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