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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

Postgraduate success rewarded during winter graduation ceremony
2012-06-06

The university is celebrating an increase in postgraduate success with a record number of master’s degrees and doctorates to be awarded during the winter graduation ceremony on 14 June 2012.

A total of 481 master’s degrees and 82 doctorates will be awarded in two ceremonies in the Callie Human Centre on the Bloemfontein Campus. This is the most postgraduate qualifications to be awarded at a single graduation ceremony. 

The university will also award an honorary doctorate in Literature to the author, Etienne van Heerden. Van Heerden, the author of Dertig Nagte in Amsterdam and Toorberg, among others, will be honoured with a D. Litt degree. Van Heerden, currently Hofmeyr professor and Head of the Department of Afrikaans and Dutch studies at the University of Cape Town, is one of the most acclaimed Afrikaans writers. His novels have been translated into eleven languages and his contributions are included in anthologies worldwide. One of his most important contributions to South African society is his creation of LitNet and the development of this powerful digital website that now also includes two accredited journals.

Ms Nicky Abdinor, a clinical psychologist of Cape Town, who was born without arms and with shortened legs, will be the guest speaker at the graduation ceremony.

The programme for the two ceremonies is: 

  • At 10:15, the Faculty of Natural and Agricultural Sciences will award 231 master’s degrees and confer 43 doctorates. The Faculty of Health Sciences will award 52 master’s degrees and confer seven doctorates. 
  • At 14:15, the Faculty of Economic and Management Sciences will award 62 master’s degrees and confer seven doctorates. The Faculty of the Humanities will confer one honorary doctorate, award 47 master’s degrees and confer 13 doctorates. In the Faculty of Education, 22 master’s degrees will be awarded and nine doctorates conferred. In the Faculty of Law, 34 master’s degrees will be awarded and one doctorate conferred. The Faculty of Theology will award 33 master’s degrees, and confer two doctorates.
     

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