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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

Full accreditation for MBA programme
2004-12-01

The University of the Free State (UFS) this week received full accreditation for its MBA-programme from the Council on Higher Education (CHE). The accreditation was granted after the programme was conditionally accredited earlier this year.

“The full accreditation serves as proof that the key elements of a good teaching programme are in place. After the programme received conditional accreditation, a few areas were addressed and a progress report was submitted to the CHE. This was followed by a site visit by a delegation from the CHE. We are happy about the successful outcome of the accreditation process,” said Prof Helena van Zyl, Director of the UFS’s School of Management.

“In the initial evaluation done by the CHE it was already mentioned that the UFS’s MBA-programme clearly and significantly contributes to students’ knowledge and skills, is relevant for the workplace and appropriately resourced. Now we can build on the further extension of the quality of the programme,” said Prof van Zyl.

“We welcome the CHE’s accreditation process. It confirms and protects the integrity of the group of high quality MBA-programmes in South Africa,” said Prof Frederick Fourie, Rector and Vice-Chancellor of the UFS.

The UFS’s online MBA-programme will only be evaluated next year because the CHE is still in the process of developing criteria for the on-line programmes of tertiary institutions.

Media release
Issued by: Lacea Loader
Media Representative
Tel: (051) 401-2584
Cell: 083 645 2454
E-mail: loaderl.stg@mail.uovs.ac.za
7 December 2004

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