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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

Quantity Surveying celebrates many firsts

2014-10-20

From the left are: Pierre Oosthuizen, Prof Kajimo-Shakantu and Dr Stephan Ramabodu
Photo: Ifa Tshishonge

The Department of Quantity Surveying at the University of the Free State (UFS) has much to be proud of. With Prof Kahilu Kajimo-Shakantu as Head of the Department of Quantity Surveying, the department is celebrating several firsts.

For the first time, the department has four academics with PhDs. This includes Prof Kajimo-Shakantu, Dr Stephan Ramabodu, Dr Timothy Froise and Dr Benita Zulch. It is also the first time that this department is managed by a woman.

Furthermore, the Department of Quantity Surveying has performed very well at this year’s national Quantity Surveying Conference held in Pretoria, where they walked away with four of the seven awards.

The awards were:

•   Best presenter: Pierre Oosthuizen (lecturer)
•   Most innovative presenter: Pierre Oosthuizen (lecturer)
•   Best paper on engineering projects: Prof Kahilu Kajimo-Shakantu
•   Best academic paper: T Monyane (postgraduate student) and Dr Stephan Ramabodu (lecturer)

The South African Council for the Quantity Surveying Profession (SACQSP) also presented two prestigious life achievement awards. One of these were bestowed upon Prof Basie Verster from the UFS for his contribution to quantity surveying since the 1970s.

The university is especially proud of Dr Stephen Ramabodu, lecturer in the Department of Quantity Surveying, who completed his PhD this year. This makes of him the highest qualified quantity surveyor in the department and one of only a few holders of a quantity surveying PhD in the country. Dr Ramabodu is also registered with the South African Council for Quantity Surveying Professionals.

Prof Kajimo-Shakantu said the following of Dr Ramabodu. “Since 2002, Stephan was appointed as a lecturer in a programme called Grow Your Own Timber at the UFS. Later on, he went to Cape Town to gain some commercial experience, where he worked for Davis Langdon in 2005. In 2008, he returned to the Free State, where he established Ramabodu & Associates. Later on in the same year, he returned to the UFS as a lecturer to complete all the remaining milestones of the Grow Your Own Timber programme.

“The university looks forward to Stephen’s increased responsibilities and contributions, not only in teaching and learning, but also in research, mentoring and community engagement.”

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