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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

UFS visits Namibian schools

2012-06-27

The Rector and Vice-Chancellor of the University of the Free State, Prof. Jonathan Jansen, will leave for Namibia shortly to visit several secondary schools in the country and to speak to students.

The visit will be from Monday 25 June to Friday 29 June 2012.

A group of other staff members from the UFS, including Mr Rudi Buys, Dean: Student Affairs, Prof. Lucius Botes, Dean of the Faculty of the Humanities and Prof. Neil Heideman of the UFS’ Faculty of Natural and Agricultural Sciences, will also be part of the visit.

Prof. Jansen’s visit to schools in Walvis Bay, Swakopmund, Windhoek and Rehoboth is aimed at reaching out to potential UFS students in Namibia.
Prof. Jansen’s visits to schools since 2010 were very successful and he decided to expand his visits to schools with other ambassadors of the UFS to Namibia.

There are currently a large number of Namibian students at the UFS and the UFS also boasts a significant Namibian Kovsie alumni.

During the UFS’ five-day-visit to Namibia, the group will visit the Walvis Bay Private High School, Namib High School, the High Schools of Jan Mohr, Dr Lemmer, M&k Gertze, Windhoek Gimnasium, MH Greeff, Technical High School as well as Windhoek High School.

On Wednesday 27 June, Prof. Jansen will address ex-Kovsies at an alumni reunion in Windhoek.

On Thursday 28 June, Prof. Jansen will speak to approximately 600 learners at the Davin Trust sports event and on Friday 29 June he will address about 150 business people at a business breakfast in Windhoek.

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