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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

Parent Day on 3 December 2011

2011-11-30

University. What happens next?

Is the campus a safe environment for my child? What will be expected from me as parent once my child arrives here? When and where should my child register and what does Kovsies offer him/her?

The University of the Free State (UFS) is aware of the fact that parents have continuous questions when their children enter the grown-up world for the first time.

Therefore the UFS offers parents or guardians the opportunity to ask these questions.

As part of Student Affairs’ Gateway programme, the UFS will host a Parent’s Day at the Bloemfontein Campus on Saturday 3 December 2011. Parents or guardians of prospective students will be able to find out more about everything the UFS offers, how students can get involved in organisations, when and where registration takes place and what life in a residence is like today, etc.

Mrs Cornelia Faasen, Senior Officer: Learning Communities and Orientation, says the Parent Day will enable parents to assist their children with the transition between school and university and make it easier for them.

“This Parent Day has been successfully hosted in 2010 for the first time. Students are facing far greater demands, responsibilities and challenges than they did at school. Parents need to better understand the university environment in order to have better insight into the world their children are entering into.”

The programme for the day includes several presentations on admissions, finances and scholarships, residences and more. There will also be a question-and-answer session with the heads of faculties.

Date: Saturday 3 December 2011

Time: 10:00-14:00

Place: Callie Human Centre, Bloemfontein Campus

For more information, contact Ms. Cornelia Faasen at faasen@ufs.ac.za or +27(0)51 401 9102

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