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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

Council approves Transformation roadmap
2007-06-08

The Council of the University of the Free State (UFS) today (Friday 8 June 2007) approved a comprehensive Transformation Plan in an effort to deepen and accelerate transformation at the UFS.

According to the Rector and Vice-Chancellor of the UFS, Prof. Frederick Fourie, transformation projects will be undertaken in key areas of university life, such as:

  • the institutional culture of the UFS;
  • the core academic business of the university ;
  • governance and management of the institution;
  • as well as a specific focus on employment equity.

Prof. Fourie said the UFS now has a very comprehensive transformation roadmap of what must be done, when it must be done and who is responsible for implementation.

“In other words, we have a do-able plan of action”, said Prof. Fourie. He said the plan is based on the belief that the UFS should treasure diversity as a source of strength and quality.

The plan is an outcome of several consultative processes, including the work of a Transformation Plan Task Team that was specifically established to do the initial thinking and liaison with stakeholders to map out critical transformation issues.
He said the overarching objective of the plan is to establish the UFS as an excellent, non-racial, non-sexist, multicultural and multilingual university, where all staff and students can experience a sense of belonging.

Prof. Fourie said one of the top priority projects of the plan has already been achieved, namely the approval by the UFS Council of new policy guidelines to increase diversity in student residences.

The new policy guidelines were approved by the Council today (Friday 8 June 2007) and are grounded in an educational approach that is grounded in the benefits of learning and living in a diverse environment.

Other projects outlined in the Transformation Plan include among others:

  • ongoing diversity sensitisation for staff and students
  • an investigation into the possibility of a diversity module for first year students
  • a project to establish the key elements of and ways of cultivating a sense of belonging among staff and students.

In the academic terrain the plan seeks to heighten the responsiveness of the UFS as a research institution specifically with regard to the New Partnership for Africa’s Development (NEPAD), the Millennium Development Goals of the United Nations as well as the Accelerated and Shared Growth Initiative for South Africa (ASGISA), and the HIV/AIDS pandemic among others. The inclusion of indigenous knowledge systems in curricula as far as is possible will also be investigated.

Media release
Issued by: Lacea Loader
Assistant Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl.stg@ufs.ac.za
8 June 2007
 

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