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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 appoints Dr Khotso Mokhele as Chancellor
2010-06-04

Dr Khotso Mokhele as Chancellor, University of the Free State
  Dr Khotso Mokhele
The Council of the University of the Free State (UFS) appointed Dr Khotso Mokhele as Chancellor during its quarterly meeting held on the Main Campus in Bloemfontein today.

“It is an honour for the Council to appoint someone of this stature as Chancellor of the UFS. With his solid academic background and high profile in the business world, Dr Mokhele is a great asset to the UFS,” said Judge Ian van der Merwe, Chairperson of the UFS Council.

Dr Mokhele is a graduate of the University of Fort Hare and did his postgraduate studies at the University of California in the USA. He is also a graduate of the Graduate School of Business at Stanford University in the USA. Dr Mokhele has eight honorary doctorate degrees from South African tertiary institutions – among others the UFS – as well as an honorary doctorate degree from Rutgers University in the USA. He holds post doctoral fellowships from the Johns Hopkins University School of Medicine and the University of Pennsylvania’s School of Medicine, both in the USA.

Dr Mokhele was founder president and chief executive officer of the National Research Foundation (NRF), as well as founder president of the Academy of Science of South Africa (ASSAf).

He holds non-executive positions on the boards of several national companies, among others as the Chairman of Impala Platinum Holdings Ltd, non-executive chairman of Adcock Ingram Holdings Ltd and non-executive director of both African Oxygen Ltd and Tiger Brands Ltd.

He is currently Chairperson of the selection committee of the Rhodes Scholarships for Botswana, Malawi, Namibia, Lesotho and Swaziland, member of the Committee on Developing and Transition Economy Countries of the International Social Sciences Council (ISSC) and member of the Review Committee assessing VW Foundation research funding in Sub-Saharan Africa and the former Soviet Central Asian/Caucasus Republics.

Dr Mokhele received the Lifetime Achievement Technology Top 100 award in 2009 for his vision and major contribution in securing the Southern African Large Telescope (SALT), constructed outside Sutherland in the Northern Cape.

Dr Mokhele’s succeeds Dr Franklin Sonn, who retired as Chancellor of the UFS at the end of 2009.

Media Release
Issued by: Lacea Loader
Director: Strategic Communication (actg)
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl@ufs.ac.za  
4 June 2010

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