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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

Volksblad (Editorial) Transformation recipe (Afrikaans)

2007-02-13

(Editorial - Afrikaans)

Dinsdag 13 Februarie 2007
Hoofartikelblad

Transformasie-resep

DIE transformasieproses in Suid-Afrika kan vooruitgang pootjie as dit nie reg aangepak en deurgevoer word nie.

Anders gestel: 'n Onbekookte, ondeurdagte proses kan soveel skade aanrig dat dit die land jare gaan neem net om weer op die been te kom.

Dit is hierdie slaggate waarteen prof. Adam Habib, direkteur van demokrasie en regering by die RGN, waarsku. Transformasie in die hoër onderwys is hier ter sprake, maar belangrike lesse is ook vir die res van die staatshuishouding te leer.

Habib het op 'n gespreksgeleentheid op die Wits-kampus gesê universiteite kan binne 10 tot 15 jaar sterf as niks gedoen word om nuwe, jong akademici van gehalte te werf nie. In hul poging om te transformeer en "swart boude op sitplekke te kry" het universiteite so agtergeraak met hul doelwitte dat hulle nou selfs van swakker gehalte is as vroeër. "Speletjies" word met transformasie gespeel en 'n "malheid" rondom syfers is aan die gang.

Instellings fokus so daarop om hul kwota-mikpunte te bereik, sê die professor, dat dienslewering en kundigheid die kreeftegang gaan. "So kry 'n mens 'n situasie waar die adjunk-president dan aankondig sy moet Indië toe gaan om vaardige mense te kry."

'n Mens kan net hoop dat hierdie waarskuwings op die regte ore val.

Transformasie is nodig, maar beslis nie tot elke prys nie.

Dit kan die hoëronderwys-sektor loon om te kom kyk waarheen die Universiteit van die Vrystaat met sy Institusionele Manifes op pad is.

Die manifes, tans nog 'n besprekingsdokument, gaan die transformasieproses van die UV rig met as einddoel 'n instelling waar alle Suid-Afrikaners plek sal hê en tuis sal voel, maar waarin kernwaardes soos akademiese gehalte en die volgehoue versterking van kernbevoegdhede en -vermoëns ononderhandelbaar is.

Dit is sekerlik die enigste pad na transformasie-welslae wat Suid-Afrika kan en moet loop.

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