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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

Kovsie Netball team aims for first home final on Monday 12 October 2015

2015-10-09

Kovsies Netball has been unbeaten this year.

The University of the Free State (UFS) netball team is hoping to continue its good performance in the Varsity Sport series against the North-West University on Monday 12 October 2015 at 19:00, in order to reach the finals for a third consecutive year.

The teams will meet in the Callie Human Centre on the Bloemfontein Campus for a follow-up of last year’s semi-final. Kovsies won that that game in Bloemfontein with a score of 51-45.

If the home team prevails, they will be hosting a final for the first time.

The Kovsies, who were unbeaten this year, and finished at the top of the log, were the champions in the first two seasons, but had to play away from home in the final against Pukke in 2013 and Tuks in 2014.

The last league match they lost against Pukke was in 2013. The score in Pretoria was 47-60 in favour of the Pukke.

Many of the clashes between the teams have been very close games. Last year, there was a 45-45 draw in Potchefstroom.

In the first round of 2015 between Kovsies and Pukke in Bloemfontein, the UFS won by 47-38.

In their final league match in Stellenbosch on Monday 5 October 2015, Kovsies won against Maties by 41-33, while the Pukke, who ended fourth on the log, defeated the Madibaz 65-32 in Potchefstroom.

In the other semi-final on Monday, Tukkies and Maties, second and third respectively on the log, will play against each other in Pretoria. This match will be broadcast live on a big screen in the Callie Human Centre on Monday.

The Kovsie captain, Karla Mostert, who will be playing for Bath in England next year, is currently ahead on votes for Player of the Series. Last year, she was also Player of the Series. Fans may vote for her on the Varsity Sport Facebook page at https://www.facebook.com/varsitysportsSA.

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