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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

Theatre, photography, literature, and lectures: TFR Studies to showcase their success

2016-11-29

The end of the year usually introduces a mood of reflection on what was and what could have been. For Trauma, Forgiveness and Reconciliation (TFR) Studies at the University of the Free State, the past year recalls a flourish of achievements worth celebrating.

Therefore, TFR Studies held an end-of-year event to showcase the successes of 2016. This comprised lectures from leading researchers in social sciences and housing rights, the release of three new books, a theatre production, and a photo exhibition.

Description: TFR Studies to showcase their success Tags: TFR Studies to showcase their success

Lectures
Prof Anthony Collins – a leading scholar in identity and culture – will speak about violence in contemporary South Africa. Prof Collins, who holds a PhD from the University of California, Santa Cruz, has extensive knowledge in the interdisciplinary area of critical social sciences and won two national awards for teaching and learning.

In addition, housing rights activist Faeza Meyer will share her experiences of forced eviction and violence in Kapteinsklip, Western Cape. She will also talk about the process of documenting these experiences and working together with feminist historian Koni Benson.

New books
Breathe in the smell of fresh ink as Dr Samantha van Schalkwyk, Dr Kim Wale, and PhD candidate Naleli Morojele introduce their books to the public. Themes of violence and gender – pertinent to South Africa – thread through each of these books in unique ways.

Theatre
The award-winning play, AVU – directed and produced by Michelle Hoffman who is a master’s student at TFR – will be performed. The story dances between the blurry lines of reality and fantasy, between Boer and Bantu.

Photo exhibition
Lerato Machetela, a PhD candidate with TFR, has featured as one of SA’s Heroes for her work among the youth of Jagersfontein. Through an innovative method, Machetela is employing an arts-based approach to research through PhotoVoice. The result: a photo exhibition by the youth of Jagersfontein – and a rare opportunity to see the world through the eyes of a child.

Photo: Jagersfontein Diamonds in the Rough gumboots group, production still of AVU, and Prof Pumla Gobodo-Madikizela with the PhotoVoice exhibit.

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