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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

Five from UFS’s Department Quantity Surveying win prestigious awards

2014-11-17

Prof Kahilu Kajimo-Shakantu

Photo: Leonie Bolleurs

The University of the Free State (UFS) is very proud of five of its students who won the Kenneth K. Humphrey award at the recent International Cost Engineering Council (ICEC) conference held in Milan, Italy. Justin Haselau received the outstanding paper award. His study leader was Prof Kahilu Kajimo-Shakantu, Head of the Department of Quantity Surveying at the UFS.

The ICEC is an organisation aimed at promoting cooperation between national and multinational cost engineering, quantity surveying and project management organisations worldwide, to the benefit of the industry and that of individual members.

The students received this prestigious award for the outstanding papers they delivered. The award is presented to authors under the age of 36. Submissions come from all over the world and were adjudicated by an independent panel.

The other recipients were:

1.      Marique Kamperbeek – (study leader: Prof Kahilu Kajimo-Shakantu, 2013)
2.      Tshego Matshwi – (study leader: Prof Kahilu Kajimo-Shakantu, 2013)
3.      Matlakal Radebe – (study leader: Prof Kahilu Kajimo-Shakantu, 2013)
4.      Elana Malherbe – (study leader: Dr Benita Zulch, 2012)

The winning papers were included in the electronic version of the ICEC’s International Cost Management Journal (ICMJ).

This is already the third time the university has won these awards.

Prof Kahilu Kajimo-Shakantu, Head of the Department of Quantity Surveying and Construction Management at the UFS, says she is very proud of these achievements.

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