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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

Kovsie Face of Facebook – the search is on

2014-04-07

Victor Ngubeni, our first Face of Facebook winner, 2013/2014

Our sensational Kovsie Face of Facebook competition is about to launch into its second year.

This is a golden opportunity for students who want to be a regular in front of the camera. As the winner, you will present videos for our UFS Facebook and YouTube pages.

How to enter
You need to complete an entry form, which you can download from [KovsieLife] or [Blackboard]. You can also pick up an entry form at the reception desk in the Student Life Centre (SRC Building).

Download Entry form

Submit your completed entry form at the reception desk mentioned above before 10:00 on Friday 11 April 2014.

Auditions
You will need to tell us in a minute, on video, why you should be our next Face of Facebook. Dress creatively, bring along props or posters and let your personality shine through.

The details for the auditions are:

Date: Tuesday 15 April 2014
Time: 08:30 – 13:00 and 14:00 – 16:30
Place: Bloemfontein Campus, North Block (of the Main Building), ground floor

Voting
The top ten videos will be loaded onto our UFS Facebook page. The public can then vote for their favourite by ‘liking’ the video. Remember, only those who have ‘liked’ the UFS Facebook page will be able to vote.

After voting ends, the person with the most ‘likes’ will be the winner and serve as our 2014/15 Face of Facebook.

Now, get those entries in!

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