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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

Memorial lecture: Repositioning of the Free State Provincial Government

2005-08-29

The repositioning of the Free State Provincial Government to respond to the 21st century demands is the topic of the University of the Free State’s (UFS) JN Boshoff Memorial Lecture that takes place on campus next week.

The lecture will be delivered by Dr Charles Nwaila, Director-General of the Free State Provincial Government and Vice-Chairperson of the UFS Council and will take place on Thursday 8 September 2005 at 18:00 in the CR Swart Auditorium on campus.

The title of the lecture is Free State Government repositioning itself to respond to the 21st century demands with special focus on the human capital edge.

Dr Nwaila obtained his BA in 1984 at the University of the North, his BA Honors (English) in 1987 at Wits University, his MA (English) in 1990 at Durham University (UK) and D Litt (English) in 1997 from the University of Pretoria.

Dr Nwaila is also Chairperson of the Forum of Heads of Departments, Governance and Administration and Secretary of the Executive Council.

Previously, Dr Nwaila was the Superintendent-General of the Free State Department of Education from 2002 to February 2005. Dr Nwaila also served in government as Chief Director in the Gauteng Department of Education. Dr Nwaila is highly experienced and his career includes serving as a headmaster in rural and urban schools, lecturer at the Soweto College of Education, and supervisor at ABET centres.

Enquiries can be directed to Ms Joan Nel at (051) 401-9301.

Media release

Issued by:  Lacea Loader
   Media Representative
   Tel: (051) 401-2584
   Cell: 083 645 2454
   E-mail: loaderl.stg@mail.uovs.ac.za

29 August 2005

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