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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

Judge Ian van der Merwe unanimously re-elected as Chairperson of the UFS Council

2012-11-29

Judge Ian van der Merwe
Photo: Rian Horn
29 November 2012

The Council of the University of the Free State (UFS) unanimously re-elected Judge Ian van der Merwe as its Chairperson for the next three years at its last meeting for this year on Friday, 16 November 2012.

Judge Van der Merwe is a Judge of the Free State High Court. He is an alumnus of the UFS and has been a member of the Council since 9 March 2007.

In accepting his appointment, Judge Van der Merwe said that he was honoured and humbled to lead a Council of this calibre for a second term. “The Council is setting a good example of what good governance at a higher education institution should look like. Meetings are conducted in good spirit and decisions made in the best interest of the university,” he said.

“Having sat on councils of many universities before, I can say with great surety that, on balance of expertise and backgrounds, the UFS has one of the most effective councils in the country and, to have a Chairperson of Judge Van der Merwe’s stature, is a privilege. His leadership and guidance is greatly appreciated,” said Prof. Jonathan Jansen, Vice-Chancellor and Rector.

Mr Edward Kieswetter, Group CEO and Executive Director of Alexander Forbes and Deputy Chairperson of the UFS Council, and Mr Jonathan Crowther (former editor of Volksblad) have been re-elected for a further term of four years in the category: "Appointed by the Council".

External Council members were given a tour of the Bloemfontein Campus after the meeting, followed by an induction session for new council members.

New Council members who joined this year are:

Derek Foster, in the category appointed by the Council
Ruben Gouws, elected by the non-academic staff
Lorraine Kriek, elected by the Alumni
Themba Mmabi, representative of the Minister of Higher
Education and Training
Sabelo Khumalo, SRC President, Qwaqwa Campus
William Clayton, SRC President, Bloemfontein Campus
Suraya Jawodeen, representative of the Minister of Higher
Education and Training
Mr Dan Mosia, representative of the Minister of Higher Education and Training

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