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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

Odeion: Staff Events in November

2008-10-15

Sunday, 9 November 2008
Christmas Concert Picnic
Odeion Amphi Theatre
18:00

You are cordially invited to the Christmas Concert Picnic presented by students of the Department of Music. Bring your picnic basket and be part of Christmas sing alongs and music.

Admission is free! Invite your friends and family with and enjoy carols by candlelight under the stars!

For more information, contact Ninette Pretorius (051 – 401 2504).

Department of Music - Public Examination Recitals.

The Department of Music presents Public Examination Recitals in the form of concerts in the Odeion. You are cordially invited to these free events.

Admission to all concerts are free : Book your free ticket at Ninette Pretorius (051 – 401 2504).

Monday, 10 November 2008
19:30 - Chester Meyer (B.Mus.Hons. – Choral Directing)
with
Primary School Jim Fouché Choir
Aurum Men’s Choir
UFS Choir
Accompanists: Joanita Erasmus, Jo-retha Smit & Hans Potgieter

Programme:
Works by Bach, Eben, Temmingh, Lightfoot, Britz and Orff, amongs others, will be performed, including two arrangements by Corné van Pletzen and Chester Meyer.

Tuesday, 11 November 2008
18:00 - Braam van Tonder (B.Mus. – Trumpet)
with
Petro Engelbrecht (piano)

Programme:
Torelli – Sinfonia con tromba
Hummel – Trumpet concerto in E-flat major
Addison – Trumpet concerto
Hindemith – Sonata in B-flat major for trumpet and piano
Arban – Variations sur Norma von Bellini

Tuesday, 11 November 2008
19:30
- Andrea Hobson (B.Mus.Hons. – Euphonium)
with
Petro Engelbrecht (piano)

Programme:
Barat - Fantaisie in E flat
Horovitz - Euphonium concerto (Moderato & Adagio)
De Faye - Deux Danses (Danse Sacreé & Danse Profane)
Hidas - Euphoniada
Jacob - Fantasia
Goedicke - Concert Etude

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