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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 graduates encouraged to continue their legacy

2016-04-25

A total of 3681 qualifications, from seven different faculties, were conferred between 12 to 15 April 2016 at the University of the Free State Autumn Graduations on the Bloemfontein Campus.
Photo: Evert Kleynhans

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Graduation Video Clip

“You cannot let your legacy stop here. Use your qualifications to change the life of others.”

This was the call from Dr Muavia Gallie, a guest speaker at one of the Autumn Graduations on the Bloemfontein Campus of the University of the Free State (UFS). He is a School-Turnaround strategist and educational activist.

He was the speaker on 12 April 2016 at the Faculty of Education graduation ceremony in the Callie Human Centre. According to Dr Gallie and other speakers at the graduations, graduates need to use their qualifications for the good of South Africa.

A diverse group of graduates

A total of 3681 qualifications were conferred in seven faculties between 12 and 15 April 2016, the week of ceremonies comprising eight sessions. It was four days of festivities with friends and families gathering to celebrate with graduates.

The large number of graduates consisted of a diverse group. According to Dr Khotso Mokhele, Chancellor of the UFS, the group passing with distinctions was also much more diverse than in past years, especially in the number of female students.

Prof Jonathan Jansen, Vice-Chancellor and Rector of the UFS, said graduation ceremonies remain the most special days on the UFS calendar.

A total of 22 students from the Center for Universal Access and Disability Support also graduated during the week.

Work for next generation

Sello Hatang, the speaker on 12 April 2016 at the Faculties of Health Sciences, Law, and Theology ceremony, echoed Dr Gallie’s sentiments; “As you leave this university, your work begins for the next generation; to serve the people you care about in any way possible,” said Hatang, the Chief Executive of the Nelson Mandela Foundation.

Other speakers included Dawie Roodt, the most referenced economist in the media in 2015, at the ceremony of the Faculty of Economic and Management Sciences on 14 April 2016. The speaker on 15 April 2016 at the ceremony of the Faculty of Humanities was Nikiwe Bikitsha, one of South Africa’s leading journalists and broadcasters.

Achievers

In the Faculty of Natural and Agricultural Sciences, Madri Brink (Baccalaureus Scientiae Agriculture) received a Senate Medal for the best four-year Baccalaureus degree, while Kyla Hayter (Baccalaureus Scientiae Honores) won the Senate Medal for the best Honours student at the UFS. Willem Carel Brink from the Faculty of Humanities received a Senate Medal for the best three-year Baccalaureus Degree.

Deans’ medals awarded by the UFS.

Also see videos of the respective guest speakers:
Dr Muavia Gallie
Sello Hatang
Dawie Roodt
Nikiwe Bikitsha

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