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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

UFS Alumni honours four

2007-02-19

Mr Corrie van Zyl, former South African fast bowler and assistant coach of the national cricket squad, will be honoured by the Alumni of the University of the Free State (UFS) as Kovsie Alumnus of the Year 2006.

The award is made to Mr Van Zyl for his outstanding contribution to cricket. Under his guidance the Gestetner Diamond Eagles performed excellently and won five out of the six national one-day cricket tournaments they took part in.

The Cum Laude Award, awarded from time to time to any alumnus for outstanding service or achievement at local, national or international level in his/her specific career domain, will be awarded to Messrs Zingile Dingani and Deon Meyer.

Mr Dingani will receive the Kovsie Alumni Cum Laude Award for his influential position in the government of South Africa as secretary of Parliament. As former MEC for Finance in the Free State, he performed significant leadership roles in transforming the Free State economy. The Mail and Guardian described him “as a high performer who is likely to become the next Provincial Premier”.

Mr Deon Meyer, acclaimed South African suspense novel writer, will also receive a Kovsie Alumni Cum Laude Award for 2006. Mr Meyer received numerous acknowledgements and awards for his contribution to literature on both national and international level.

Prof Helena Van Zyl, Director of the School of Management at the UFS, receives the Kovsie Alumni National Management Award for exceptional service during 2006. Through her extraordinary abilities and leadership skills, Prof Van Zyl has managed to build the School of Management at the UFS to one of the most reckoned management schools countrywide.

The award ceremony will take place on Friday 9 March 2007 during a gala award banquet in the Reitz Hall of the UFS Centenary Complex on the Main Campus in Bloemfontein.

All alumni of the UFS are welcome to attend the function. The guest artists will be various talented Kovsies and the entrance fee of R100 per person includes a three course meal.

Those who are interested can contact Ms Annanda Calitz at 051 401 3382 or alumni@ufs.ac.za.

Media release

Issued by: Lacea Loader

Media Representative

Tel: 051 401 2584

Cell: 083 645 2454

E-mail: loaderl@ufs.ac.za

16 February 2007

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