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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

UFS launches focused research niche areas

2009-11-20

The University of the Free State (UFS) will launch its six research niche areas, the Strategic Academic Clusters, from 23-25 November 2009 on its Main Campus in Bloemfontein.

These Clusters represent a move from a fragmented to a more focused approach to research development at the UFS and will in future direct the University’s research endeavours.

“The UFS is increasingly operating in a competitive environment where South African universities no longer compete only with their national counterparts, but also internationally. With the Clusters the University will follow a focused approach to the strategic selection of niche knowledge platforms and research areas,” says Prof. Frans Swanepoel, Director of Research Development at the UFS.

The Clusters are: Water management in water-scarce areas; New frontiers in poverty reduction and sustainable development; Transformation in highly diverse societies; Technologies for sustainable crop industries in semi-arid regions; Materials and nanosciences; and Advanced biomolecular research.

“The Clusters embody the pursuit of quality and excellence and the name signifies the University’s concern not only with research, but also with under- and postgraduate teaching and learning. The vision is that the Cluster activities will not only drive world-class research outputs, but also contribute to internationally renowned graduate programme activities,” says Prof. Swanepoel.

Each of the Clusters is led by a dedicated director who provides academic leadership, facilitates cutting-edge research, leverages multidisciplinary synergies and coordinates the overall Cluster activities.

Next week’s launch programme will start on Monday, 23 November 2009 with a gala dinner, followed by a plenary symposium on Tuesday, 24 November 2009, during which the Clusters will be introduced.

Several national and international experts in the fields covered by the Clusters will take part in this symposium. They are, amongst others: Dr Danny Walmsley from St Mary’s University in Canada; Dr David Wolfe from Cornell University and Dr David Clark from the National Institute of Health, both in the USA; Mr Mark Ashley from the Desert Knowledge Cooperative Research Centre in Australia; Dr Ian Goldman from the Office of the Presidency in South Africa; Prof Peter Ewang from the South African National Development Agency; Mr Willem Louw from Sasol Technology; and Dr Pumla Gobodo-Madikizela from the University of Cape Town.

On Wednesday, 25 November 2009 each Cluster will present its own symposium.

Media release
Issued by: Lacea Loader
Deputy Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl.stg@ufs.ac.za
20 November 2009

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