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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

Prof Barney Pityana to deliver the inaugural Bram Fischer Memorial Lecture

2013-04-24

Prof Barney Pityana
Photo: Supplied
24 April 2013

Well-known academic and human rights lawyer Prof Barney Pityana will deliver the inaugural Bram Fischer Memorial Lecture on Friday 26 April 2013,honouring the life and legacy of the anti-apartheid stalwart. Prof Pityana will be joined by Fischer’s daughters Ruth Rice and Ilse Wilson and his nephew Peter in the President CR Swart Auditorium on the Bloemfontein Campus.

Prof Pityana has an impressive track record of accomplishments:

He is the current Rector of the College of the Transfiguration in Grahamstown; one of the founding members of the South African Students' Organisation; an important figure in the Black Consciousness Movement with Steve Biko; and an exponent of Black theology.

Prof Pityana is the former Principal and Vice-Chancellor at the University of South Africa (UNISA) and also a former chairperson of the South African Human Rights Commission.He has served on the African Commission on Human and Peoples' Rights at the Organization of African Unity in 1997. Prof Pityana’s work in human rights has been widely recognised and in December 2002 he was awarded an Honourable Mention of the 2002 UNESCO Prize for Human Rights Education.

In April 2006, Prof Pityana received the Award of the Order of the Grand Counsellor of the Baobab: Silver from former President Thabo Mbeki.

Prof Pityana will meet with students from the Faculty of Law during the day of the lecture. At 12:00 the Institute for Reconciliation and Social Justice will host a critical conversation discussing Bram Fischer as a father and Afrikaner communist lawyer. The conversation will feature the perspective of his daughters. The Bram Fischer Memorial Lecture will commence at 18:30.

Programme:

1. Critical Conversation: Bram Fischer as a father and Afrikaner communist lawyer

Date: Friday 26 April 2013

Venue: Institute for Reconciliation and Social Justice

Time: 12:00 – 14:00

2. Inaugural Bram Fischer Memorial Lecture

Date: Friday 26 April 2013

Venue: President CR Swart Auditorium

Time: 18:30 – 20:00

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