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School of Accountancy graduates achieve exceptional results in SAICA ITC professional exams

09 July 2021 | Story Dr Nitha Ramnath | Photo Pixabay

Graduates in the University of the Free State School of Accountancy achieved exceptional results in the South African Institute of Chartered Accountants (SAICA) Initial Test of Competence (ITC). The UFS achieved an 81% pass rate in the April ITC exam for first-time writers of the BAcc Honours and PGDip (Chartered Accountancy) programmes, compared to the national average of 70%.

The ITC examination is the first of two qualifying professional examinations required to qualify as a chartered accountant (CA(SA)) in South Africa and is written by graduates shortly after completion of their formal university studies. There are two sittings for this examination annually, and the April exam is the first for 2021.

“These results were attained despite the very challenging circumstances of the emergency remote teaching environment during 2020 and is testament to the quality of our CA programme and the hard work and dedication of the staff of the School of Accountancy,” said Prof Frans Prinsloo, Director: School of Accountancy. He added that, “the results confirm the ‘quality’ / ‘excellence’ of our CA programme, and reinforce similar observations made by the SAICA monitoring team following their 2020 full visit (which included a detailed evaluation of our CA programme)”.

Transformation of chartered accountancy profession

Seventy percent of UFS graduates passed the April 2021 ITC examination, including 38 African and 3 Coloured graduates, while 10 out of 13 of the Thuthuka Bursary Programme graduates of 2020 passed. More than 60% of UFS graduates who passed the examination are black (i.e., African, Coloured, and Indian), with a pass rate of 73% compared to the national average of 52%, which include first-time and repeat candidates. The results are testimony of the interventions put in place to contribute to the transformation of the chartered accountancy profession.

Student-centred teaching approach

The School of Accountancy follows a ‘student-centred’ teaching and learning approach. During the COVID-19 pandemic, teaching was predominantly remote and was adapted to include ongoing, clear communication about the academic programme, comprehensive teaching materials containing additional explanations, learning notes, comments, cross-references to theory, and step-by-step learning guides per topic to enable students to navigate their learning.

Other interventions have also been put in place to support students financially via the school’s INTRABAS unit, mentorship and peer support initiatives, detailed tracking of student participation and performance, follow-up with students, and regular ‘check-ins’ with the student body to consider the student voice and ensure the relevance of the teaching offering.

The UFS is looking forward to the journey of our candidates and their contributions to the world of work.

News Archive

Art collection reflects values of SA Bill of Rights

2017-09-14

Description: Zanele Muholi Art Exibition Tags: Zanele Muholi Art Exibition

One of the photos that are on exhibition at the
Johannes Stegmann Gallery.
Photo: Supplied

Our human rights are enshrined in the constitution. This is exactly what the Art of Human Rights collection reflects, as it responds to the values and ideals instilled in the South African Bill of Rights.

This collection is currently on display at the Johannes Stegmann Art Gallery at the University of the Free State (UFS). The exhibition opened on 23 August and will run until 23 September 2017.

Work of renowned artists and poets on display
The collection features renowned artists and poets such as Virginia Mckenny, Busiswa Gqulu, Andries Botha, Kobus Moolman, and many more. There are also articles from prominent South Africans such as the late Ahmed Kathrada, Mike van Graan, Justice Edward Cameron, and former UFS Rector, Prof Jonathan Jansen.

Collection engages 27 clauses in Bill of Rights
The Art of Human Rights is a print portfolio which is an initiative of Art for Humanity (AFH). It is a non-profit organisation, based in Durban, which engages with cultural production, specifically in the visual arts, to promote human rights awareness regionally and globally.

Twenty-nine South African artists and 27 poets have created artwork for the collection. They engaged with the 27 clauses of the Bill of Rights by looking at socio-economic issues which is still prevalent in the democratic diaspora of SA. The collection addresses issues such as racism, poverty, poor education, and lack to efficient health care. These are all threats to our young democracy.

Johannes Stegmann Art Gallery hours (Bloemfontein Campus): Monday to Friday 08:30–16:30

Description: Andries Botha Art exibition Tags: Andries Botha Art exibition

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