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UFS Accountancy graduates excel in SAICA’s ITC exams

05 May 2022 | Story Leonie Bolleurs

Prof Prinsloo and Minee van den Berg — Prof Frans Prinsloo and Mineé van den Berg. Prof Prinsloo believes the performance of the UFS graduates in the ITC examination confirms the quality of the Chartered Accountancy academic programme offered by the university.

The BAcc Honours and PGDip (Chartered Accountancy) graduates (2021) from the School of Accountancy at the University of the Free State (UFS) excelled in the latest Initial Test of Competence (ITC) examination of the South African Institute of Chartered Accountants (SAICA).

It was with great excitement that the school received the results that were released by SAICA. UFS graduates had an overall pass rate of 76% in this examination, comparing favourably to the national overall pass rate of 59%.

Resilience and perseverance

“We are very proud of what our 2021 graduates have achieved. They excelled despite the very challenging circumstances of the emergency remote teaching environment in 2020 and 2021, and this outcome is proof of their hard work,” says Prof Frans Prinsloo, Director of the School of Accountancy.

He adds: “The performance of the UFS graduates in the ITC examination confirms the quality of the Chartered Accountancy academic programme offered by the UFS, as well as the strength of the learning and teaching model that is adopted by the school – which aims to add significant value in the development of Accountancy students’ knowledge and skills towards their qualifying as accountancy professionals. Moreover, these results are testament to the resilience and perseverance of our Accountancy students and the dedication of the staff of the School of Accountancy.”

What made the results announcement extra special is that two UFS graduates from the class of 2021, Lindi van Eyk and Mineé van den Berg, passed this challenging examination with distinction, ruling them as part of the elite group of 29 candidates nationally who passed with distinction – from 2 946 candidates who wrote this examination in January 2022.

Making a difference

Van den Berg, who was named the best honours student in the Faculty of Economic and Management Sciences, also obtained her honours degree with distinction. She received the degree during the recent April graduation ceremonies.

“It is an honour to be able to use and invest in God-given abilities and opportunities. I believe that consistency, a set routine, and faith made it possible to be successful in the exam.”

“My results in the ITC exam assured me that I have the ability to successfully become a chartered accountant,” says Van den Berg, who is currently doing her internship with PricewaterhouseCoopers (PwC) in Stellenbosch. She is hoping to complete her articles and pass the second qualifying exam to become a chartered accountant (SA), working both locally and internationally. From a young age, she enjoyed numbers and later found accounting to be the most suitable career field to live out her passion. “I believe that I can make a difference by working in an environment I enjoy,” she says.

Hard work and consistency

‘Consistency’. This is the one word that Van Eyk uses to describe the reason for her success in the ITC exams. “From my first year studying BAcc, I was upskilling myself with the necessary business and global acumen. Following the advice of the lecturers, who do their best to prepare us to become professionals, consistent hard work is what made it possible for me to pass the exam with distinction.”

Van Eyk, who also passed her honours degree at the UFS with distinction, is currently employed by PwC in Midrand. She is still considering her options after qualification as a chartered accountant (SA), but she believes that her career opportunities will be endless.

Goal-driven and excited by the prospects of learning new things, Van Eyk also strives to be an inspiration to those who want to pursue studies in the field of CA(SA). She believes by persevering and not giving up on this long and hard journey, she will become the person that the world needs.

Prof Prinsloo also congratulated the other 53 UFS graduates who passed the January 2022 ITC examination, including a group of seven SAICA academic trainees who are currently completing the first year of their three-year training contract in the School of Accountancy.

News Archive

Kovsies reign FNB Superbowl

2007-05-10

The FNB Super Bowl took place from 26 – 30 April in Potchefstroom.

The Kovsies reigned the tournament in their respective categories.

It was an absolute mega Intervarsity. The following tournaments took place in which Kovsies was represented.

Senior rugby tournament

The Shimlas won their first game against TUT 33-0

In the Semi-final Shimlas lost against Pukke 17-8.

The Shimlas played for third and fourth place against Tukkies and won the game 41-19. Which secured them the third place in the tournament.

The following teams participated in the tournament

Pukke, UJ, Shimlas, Tukkies, Maties, NMMU, TUT, UCT

SA Students team

The following Shimlas were selected for the SA student games:

Steph Roberts (prop)

Drikus Strydom (hooker)

Philip Steyn (lock)

Marlin Ruiters (Scrumhalf)

Marcel du Toit (flyhalf)

Pharmaton Junior Rugby Tournament

The Kovsies u/21 & u/19 teams won their respective tournaments. It is a wonderful accomplishment for the University. The following teams took part in the tournament: Kovsies, Pukke, Tukkies and UJ.

u/21 results

Won Pukke 12-11

Won UJ 22-18

Won Tukkies 47-16

u/19 results

Won UJ 9-8

Won Pukke 25-13

Won Tukkies 25-16

Hostel Rugby Tournament

Reitz and Armentum represented Kovsies. These two teams played against each other in the final which Reitz won 47-0. To have both our hostel teams in the final is an outstanding accomplishment for Kovsies.

The following Universities took park: Kovsies, Pukke, Tukkies and UJ

Reitz results

Won Sonop (UJ): 27-7

Won Patria (Pukke): 11-10

Bastion (Tukkies): withdraw

Won Armentum in the final: 47-0

Armentum results

Won Overs (Pukke): 15-7

Won Afslaan: 49-12

Won Boekenhout: 43-0

Lost against Reitz in the final: 47-0

Hostel Soccer

Veritas represented Kovsies and won Kiaat from Tukkies in the final with 3-1 after a penalty shoot-out.

Hostel Netball

Vergeet-my-nie and Emily Hobhouse represented Kovsies. Vergeet-my-nie lost in the final against Wanda from Pukke17-14.

Hostel Cricket

Vishuis lost in the final against Villagers from Pukke with 5 wickets.

Hostel Hockey

Wag-‘n-Bietjie and Vergeet-my-nie represented Kovsies. Unfortunetly none of them went through to the finals.

We won most of the games against the strongest Universities in the country is an outstanding accomplishment for Kovsies.

Compiled by

Ansu Colditz

Rugby Manager

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