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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 fencers dominate the Free State Fencing Closed Competition

2015-10-19

The ultimate clash of the fencing titans Photo credits: Robynne van Zuydam.

Willem Brink and Wanda Verster fenced their hearts out at Free State Closed Competition, winning gold medals in the men’s and women’s category, respectively. These University of the Free State students dominated opponents from the Vrystaat Amateur Skerm Klub (VASK).

Fencers from the VASK retaliated bravely in defense of their honour on Saturday 12 September 2015, with Jurgen Schroder taking home a Silver medal. His team mates, Ruan Coetzee-Schroder and Shaeffer Georgiou, shared the Bronze medal. A winning performance placed VASK’s Danielle Ceronio and Stella Heyns in the Bronze realm. Kovsie Fencing’s Kayla de Gouveid shared the spot with Stella as a bronze recipient.

It was a clash of the titans as 27 participants formed opposing teams. The University of the Free State (UFS) team, who hosted the competition, showed the guests no sign of mercy as they triumphed.

Wanda was impressed by the UFS’s performance. “The students performed very well, especially considering that most of them started fencing just this year.”

“Willem Brink, who finished with gold, started fencing in 2012. He finished with a Bronze medal at the Free State Closed competition held earlier, in May 2015 The first fencer to reach 15 wins,” said the Kovsie Fencing representative.

The club will represent our university at the University of Pretoria (TUKS) Open where fencers from the entire country will compete on 25 and 26 September 2015. The club is also preparing for the University Sports South Africa (USSA) tournament and the Limpopo Open that take place in November and December, respectively. These competitions serve to pave the way for the July 2016 nationals, where Kovsies hope to make their mark as champions.

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