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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

Kovsies reign FNB Superbowl

2007-05-10

The FNB Super Bowl took place from 26 – 30 April in Potchefstroom.

The Kovsies reigned the tournament in their respective categories.

It was an absolute mega Intervarsity. The following tournaments took place in which Kovsies was represented.

Senior rugby tournament

The Shimlas won their first game against TUT 33-0

In the Semi-final Shimlas lost against Pukke 17-8.

The Shimlas played for third and fourth place against Tukkies and won the game 41-19. Which secured them the third place in the tournament.

The following teams participated in the tournament

Pukke, UJ, Shimlas, Tukkies, Maties, NMMU, TUT, UCT

SA Students team

The following Shimlas were selected for the SA student games:

Steph Roberts (prop)

Drikus Strydom (hooker)

Philip Steyn (lock)

Marlin Ruiters (Scrumhalf)

Marcel du Toit (flyhalf)

Pharmaton Junior Rugby Tournament

The Kovsies u/21 & u/19 teams won their respective tournaments. It is a wonderful accomplishment for the University. The following teams took part in the tournament: Kovsies, Pukke, Tukkies and UJ.

u/21 results

Won Pukke 12-11

Won UJ 22-18

Won Tukkies 47-16

u/19 results

Won UJ 9-8

Won Pukke 25-13

Won Tukkies 25-16

Hostel Rugby Tournament

Reitz and Armentum represented Kovsies. These two teams played against each other in the final which Reitz won 47-0. To have both our hostel teams in the final is an outstanding accomplishment for Kovsies.

The following Universities took park: Kovsies, Pukke, Tukkies and UJ

Reitz results

Won Sonop (UJ): 27-7

Won Patria (Pukke): 11-10

Bastion (Tukkies): withdraw

Won Armentum in the final: 47-0

Armentum results

Won Overs (Pukke): 15-7

Won Afslaan: 49-12

Won Boekenhout: 43-0

Lost against Reitz in the final: 47-0

Hostel Soccer

Veritas represented Kovsies and won Kiaat from Tukkies in the final with 3-1 after a penalty shoot-out.

Hostel Netball

Vergeet-my-nie and Emily Hobhouse represented Kovsies. Vergeet-my-nie lost in the final against Wanda from Pukke17-14.

Hostel Cricket

Vishuis lost in the final against Villagers from Pukke with 5 wickets.

Hostel Hockey

Wag-‘n-Bietjie and Vergeet-my-nie represented Kovsies. Unfortunetly none of them went through to the finals.

We won most of the games against the strongest Universities in the country is an outstanding accomplishment for Kovsies.

Compiled by

Ansu Colditz

Rugby Manager

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