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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

First ever international conference on Student Affairs in Africa

2011-05-11

We hosted the 2011 African Student Affairs Conference on our Main Campus in Bloemfontein from 17 – 19 May 2011.

This was the first year that the conference was hosted on African soil as it was presented in the United Kingdom in 2009/2010. The UFS was selected to join hands with the University of the Western Cape and welcomed students from across the continent.

The purpose of the conference was to share and exchange strategies, ideas and resources, and to discuss issues related to the work of student affairs professionals. The conference promoted an exchange of best practice and assisted attendees in identifying successful programmes.

“We are immensely privileged to be selected to host the first ever international conference on student affairs in Africa and cannot wait to welcome the rest of Africa to our university,” said Mr Rudi Buys, Dean of Student Affairs at our university.

The conference is in response to the need to develop education in Africa and for African institutions to compete with the globalising world. To this end, more emphasis should be laid on student affairs, as this unit complements the academic curriculum with programmes geared towards the holistic formation of students.

“Twenty delegates from the UFS will attended the conference and presented papers. In this way we will not only actively participate, but also be a leader in discussions about student affairs on the continent,” said Mr Buys.

Media Release
11 May 2011
Issued by: Lacea Loader
Director: Strategic Communication
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: news@ufs.ac.za

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