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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

Students speak at Faculty of Law as part of Blackstone Legal Fellowship Programm

2012-08-01

At the event were, from the left: Elizabeth Oklevitch, Ewelina Ochab, Prof. Shaun de Freitas and Prof. Andries Raath, also from the Department of Constitutional Law and Philosophy of Law.
Photo: Leonie Bolleurs
1 August 2012

Two students from abroad, Elizabeth Oklevitch, studying at the Regent University School of Law, Virginia Beach in the US, and Ewelina Ochab, a postgraduate student with a Diploma in Law who received her LLB from the University of Kent at Canterbury, have each delivered a 15-minute presentation at the Faculty of Law. These presentations are part of the six-week practical leg of the Blackstone Legal Fellowship Programme, held annually in Phoenix, Arizona.

This is the fourth consecutive year that the Faculty of Law has been involved in this initiative.

Oklevitch spoke on the impact of the natural law grounding of Sir William Blackstone’s system of rights and Ochab about the margin of appreciation in the case A, B and C v Ireland.

According to Prof. Shaun de Freitas from the Department of Constitutional Law and Philosophy of Law, the programme is aimed at teaching law students the importance of religious freedoms and rights. The programme is run by Alliance Defending Freedoms (ADF) in the US.

“The programme (in its 14th year) accommodates more than 130 students at the moment, representing schools of law in the United States (which include the universities of Duke, Harvard, Notre Dame, New York and Yale) and Europe. To date, approximately 1 100 students have completed the programme,” said Prof. De Freitas.

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