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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

New conductor of OSM Camerata is one of South Africa’s most successful young people

2014-03-27

Mr Xavier Cloete

The OSM Camerata at the University of the Free State boasts with a young renowned conductor to lead them in the next season.

Mr Xavier Cloete, winner of the 2013 National Len van Zyl Conductor’s Competition, will conduct the Camerata during the Odeion School of Music’s opening concert.

He completed his BMus degree at the University of Stellenbosch in 2011 with bassoon and orchestral conducting as main instruments and is currently employed by the KwaZulu-Natal Philharmonic Orchestra (KZNPO).

As winner of the Len van Zyl Competition, he completed a conducting internship with the famous Philadelphia Orchestra, which gave him the opportunity to work with acclaimed conductors. He also studied at the Bienen School of Music (Northwestern University) in the Advanced Graduate Conducting Class of Prof Victor Yampolski.

Last year Xavier was also invited to attend the first Sasha Mäkilä International Master Classes in Finland.

His love and passion for music started early in his life – and somewhat coincidentally - in church.

“I was learning to play a few hymns on my dad’s Hammond organ at home. One Sunday our church organist didn’t turn up and I nonchalantly moved in behind the organ. It went very well.”

Xavier ascribes his success to lots of hard work and his love for music.
“My passion for music drives me to work hard. Hard work shows that you are dedicated and this is again seen in the successes you achieve. The reward of one’s hard work is the best instrument.”

He will be making his international debut with the St Michel’s City Orchestra (Finland) during April 2014.

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