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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

Louzanne to represent South Africa at World Championship

2015-10-26

Louzanne making a leap for the finish line with guide runner Rouxné Vermaak

Within the space of seven days, Louzanne Coetzee will take part in both the 1500m and 800m events at the International Paralympic Committee (IPC) Athletics World Championships, being held in Doha, Qatar, from 21-31 October 2015.

The BA Corporate and Marketing Communication Honours student at the University of the Free State (UFS) was selected to represent South Africa (SA) by the South African Sports Confederation and Olympic Committee (SASCOC). Team SA consists of 23 top athletes, who will be competing in different codes against 89 other countries.

The middle- and long-distance T11/F11 class athlete has won countless medals since her debut in professional athletics in 2012. After only five months, she reached the qualifying standard for international participation, with an impressive 2 minutes 53.8 seconds in the 800m at the 2013 Nedbank National Championships for the Physically Disabled, held in Pretoria.

Louzanne has since achieved another international milestone by making the SA team, following her inaugural IPC meeting, hosted by France two years ago.

“It’s a big honour for me to represent South Africa, and I count myself very fortunate to represent the country at the World Champs,” said the former Accessibility and Student Support Student Representative Council (SRC) member.

The IPC World Championships precede the Rio 2016 Paralympic Games, which are known as “the biggest sporting event on the planet”. Qatar is Louzanne’s Rio, and she intends to outdo her personal best in order to qualify. “I want to get my ranking high enough so that I can go to Rio in 2016,” said the gold medallist.

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