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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

Global exercise initiative launched on Bloemfontein Campus

2012-03-14

Healthier and fitter Kovsies
Photo: Anja Aucamp
13 March 2012

Staff and students are getting ready to sweat this week with the launch of the worldwide Exercise is Medicine Programme on the Bloemfontein Campus on 14 and 15 March 2012.

The programme will be introduced for the first time in Africa and our university is the only African university that forms part of the launch.

Exercise is Medicine is an initiative which encourages health care providers to include exercise when designing treatment plans for patients. The programme designed by the American College of Sports Medicine and it has a presence in countries such as Australia, Italy, China and Brazil.

As part of the programme launch, staff and students will attend presentations by prominent health practitioners and participate in a range of fitness activities such as Taebo and Zumba. The Wellness Division of the Centre for Health and Wellness has more activities planned for the rest of the year to keep Kovsies healthy. This will include a cycling event and netball, volleyball and soccer games.

Dr Louis Holtzhausen, Head of the Division Sport and Exercise Medicine, says that it has been proved unequivocally that regular exercise is good for people's health.

"It is clear that regular exercise should not only be promoted by the medical profession, but that physical activity should be monitored and recorded by doctors as a major modifiable risk factor for morbidity and mortality."

Dr Holtzhausen says one of the goals of the Exercise is Medicine Programme is that physical activity becomes a vital sign to be recorded, with doctors routinely discussing it with their individual patients.

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