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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

Centre for Sustainable Agriculture to focus 20 years’ experience on food security

2014-12-04

The University of the Free State (UFS) Centre for Sustainable Agriculture is celebrating its 20th anniversary this year. According to Prof Izak Groenewald, professor in this centre, their vision in future will be to focus on food security.

Besides the centre’s role in training people to make a contribution to food security, Prof Groenewald and his team adapted the learning programmes to add mobility to its qualifications – students can now obtain qualifications in short courses up to PhD qualifications.

Short courses include:
• Introduction to Innovation and Rural Development
• Foundational Theories in Livestock Production
• Sustainable Plant Production

Persons interested in the Advanced Diploma in Sustainable Agriculture, can register for the following modules:
• Fundamentals of Rural Development
• Fundamentals of Agricultural Economics
• Sustainable Plant Production Practices
• Sustainable Animal Production Practices
• Basic written communication and presentation skills

Focus areas in the master’s degree programme are:
• Agribusiness management
• Value adding
• Rural development
• Plant production
• Animal production

The Centre for Sustainable Agriculture regards partnerships with institutions abroad as vitally important. For this reason, partnerships have already been fromed with the Food and Agricultural Organisation (FAO), the Global Forum for Rural Advisory Services (GFRAS), the University of Minnesota and the National Department of Agriculture.

Persons obtaining qualifications at the centre will be able to find employment in the following fields:
• Project management and planning
• Rural development sociology
• Livestock production systems
• Advisors in the agricultural sector of commercial banks
• Commercial and emerging farmers
• Extension services with government departments as link between farmer and government
• Lecturers
• Researchers

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