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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 honours many during Autumn diploma and graduation ceremony

2007-04-16

The University of the Free State (UFS) will award 797 diplomas and 2 633 degrees from 23-26 April 2006 during this year’s autumn diploma and graduation ceremony. Students from the Main Campus and Vista Campus will take part in the ceremony.

Altogether 32 doctorates and two honorary doctorates will be awarded. The honorary doctorandi are Prof. Barend Johannes (Bannie) Britz and author Mr Khotso Pieter David Maphalla.

On 26 April 2007 Prof. Britz will be honoured for his contribution to architecture when the degree D.Arch. (h.c.) will be awarded to him.

Mr Maphalla will be honoured for his contribution to the development of the Sesotho language and culture. He will receive the degree Ph.D. (h.c.) on 12 May 2007 during the graduation ceremony of the Qwaqwa Campus.

On 23 April 2007 at 08:30 altogether 497 diplomas will be awarded in the upgrading programmes of the School of Education in the Faculty of The Humanities, namely A.C.E, N.P.D.E. and C.E. At 14:30 on the same day 300 diplomas will be awarded to students from all the faculties.

On 24 April 2007 at 08:30 altogether 442 degrees and three doctorates will be awarded in the School of Education and at 14:30, 461 degrees and four doctorates will be awarded in the Faculty of The Humanities, excluding the School of Education.

On 25 April 2007 at 08:30 altogether 296 degrees and one doctorate will be awarded to students in the Faculty of Economic and Management Sciences. This includes students in B.Acc., B.Admin., B.Pub., related honours degrees and all masters and doctors degrees. At 14:30 on the same day degrees will be awarded to 482 students from the Faculty of Economic and Management Sciences, excluding students in B.Acc., B.Admin., B.Pub., related honours degrees and all masters and doctors degrees.

On 26 April 2007 at 08:30 altogether 595 degrees, 19 doctorates and one honorary doctorate will be awarded in the Faculty of Natural and Agricultural Sciences. At 14:30 on the same day 357 degrees and five doctorates will be awarded to students in the Faculties of Health Sciences, Law and Theology.

Both the diploma and degree ceremonies will be held in the Callie Human Centre on the Main Campus in Bloemfontein.

Media release

Issued by: Lacea Loader

Assistant Director: Media Liaison

Tel: 051 401 2584

Cell: 083 645 2454

E-mail: loaderl@ufs.ac.za
16 April 2007

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