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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

Albert Einstein “visits” Bloemfontein

2005-08-30

Albert Einstein, performed by David Muller, and Dr Matie Hoffman, senior lecturer from the Department of Physics at the UFS and coordinator of educational activities at the UFS Boyden Observatory. They are standing at the 1,5m Boyden telescope.

Visitors to the University of the Free State’s (UFS) Boyden Observatory had a special treat on Saturday 27 August 2005 when they were “Albert Einstein”, alias David Muller (Albert Einstein in Imagining Einstein) paid them a surprise visit.

The Department of Science and Technology is sponsoring a one-man play called Imagining Einstein. The play, written and performed by David Muller, is produced through the MTN Science Centre and forms part of the celebration of the World Year of Physics. The play’s visit to Bloemfontein was kicked off by Saturday evening’s performance at the UFS Boyden Observatory.

It follows the life of Einstein, from his patent office in Switzerland, through his office in Berlin to his position at Princeton where he spent the last 20 years of his life and captures the research, studies and thinking with all its depth and insights of a man who not only changed the thinking about physics but also had much fun doing so.

The play will be presented on Tuesday 30 August 2005 and Wednesday 31 August 2005 at 10:00 and 19:00 in the Albert Wessels Auditorium on the UFS campus. Entrance is free of charge. For bookings, please contact (051) 401 2561.

On Thursday 1 September 2005 the play will be presented at 10:00 and 19:00 at the Sterrewag Theatre on Naval Hill. Tickets are R10 per person for the 10:00 show and R30 per person for the 19:00 show and are available from PACOFS booking offices or by calling (051) 447 7772.

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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