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06 April 2023 | Story Kekeletso Takang | Photo Quinter Onyango
UFS Academic tutors
UFS academic trainees thrilled at passing the January 2023 ITC exam.

An important milestone in the journey to becoming a chartered accountant in South Africa begins with passing the Initial Test of Competence (ITC) examination of the South African Institute of Chartered Accountants (SAICA). The examination is written after obtaining an accredited postgraduate qualification in accountancy. This milestone was reached by virtually all (98%) BAccHons/PGDip (Chartered Accountancy) graduates from the class of 2022 at the University of the Free State (UFS). Results announced by SAICA on 31 March 2023 further indicate that UFS graduates obtained an overall pass rate of 93%, exceeding the national pass rate of 75%. 

“These results confirm the ‘quality’ and ‘excellence’ of the Chartered Accountancy academic programme offered by the UFS and attest to the effectiveness of the learning and teaching approaches adopted by the School of Accountancy, and the commitment of the school’s staff to their students’ success,” said Prof Frans Prinsloo, Director of the School of Accountancy.

Voices of the future

Bakang Moraladi, an academic trainee in the School of Accountancy who took and passed the January 2023 ITC exam, believes the open-door policy followed by the academic staff made it possible for him to establish a support structure. “The staff in the UFS School of Accountancy really goes all out to ensure that what I regard as the toughest academic year (CTA/PGCA) goes smoothly. Despite very hectic schedules, staff in the School of Accountancy still find time to provide mentorship to students to ensure that they are equipped with the right knowledge and skills before sitting for the ITC. I had the privilege of having the Director of the School of Accountancy as a mentor. Although I had a mentor dedicated to me, the staff members in the School of Accountancy literally had their doors open to offer guidance whenever necessary,” he says.

Kyle Horak, a graduate of the class of 2022 and also an academic trainee in the School of Accountancy, attributes a big part of his success to the support provided by the academic staff. “I would not have been able to do it without the UFS. The support they provide is tremendous. At the beginning of the PGCA year, it feels as if the lecturers are ‘out to get you’ with all the submissions and the impossible tests, but as time goes on, you start to notice that there is method to the madness, and due to the work done by the lecturers, the ITC examination becomes manageable.” He passed the ITC exam with a final mark of more than 75%, making him part of a select group of only 65 candidates (from the more than 3 000 candidates who wrote the examination).
Other academic trainees employed by the School of Accountancy who passed this exam, are Courteney Crew, Phiwe Ndwebi, Somila Joka, Bokang Makatsa, Jubilee Mushonga, and Jeandre Strauss.

Integrated approach

The School of Accountancy attributes these results to a myriad of factors. For example, the school employs an award-winning learning and teaching approach that is student-centred, combining the efforts of academic and support staff to achieve student success. In addition, learner tracking and monitoring is facilitated through its Thuthuka and Intrabas units, in addition to peer-to-peer mentoring structures where students can learn from and support each other. While focus is placed on students’ academic performance, they are afforded a balanced approach that includes informal social events that assists in breaking down barriers between lecturers and students. 

One such student who benefited from this teaching approach is Ruwardo Wemmert, a UFS graduate who was placed fourth in the January 2023 ITC exams of the Institute of Chartered Accountants of Namibia (ICAN), where the two UFS graduates from the class of 2022 who wrote the ICAN ITC examination, passed. 

Journey to success

The ITC serves as the first of two SAICA qualifying examinations, assessing candidates’ technical competence acquired through the academic programme, by requiring the candidate to analyse and evaluate specific scenarios presented. 

“Success in the ITC means I am only one more professional exam away from being a CA(SA). Over and above the support provided by the School of Accountancy team, Thuthuka supported me in every dimension. Next up for me is successfully completing my 3 600 hours of practical training and then obtaining that four-letter designation: CA(SA).  I will be a change maker – I have a lot to give to society, and my goal is to be the ultimate difference maker.” These are the words of Somila Joka, one of the 2022 graduates and academic trainees in the School of Accountancy.

News Archive

Kovsie student trailblazing to literary stardom
2013-10-24

 

Ace Moloi with a copy of his book In Her Fall Rose a Nation
Photo: Jerry Mokoroane
24 October 2013

Ace Moloi proves that ambition and self-belief are key ingredients in achieving your dreams. At merely 21-years of age, this Kovsie student made his entrance onto the literary scene with the launch of his first novel. In Her Fall Rose a Nation tells the story of a young girl who leaves her rural home to further her studies in the city. Loosing herself in the excitement of student life, she gets kicked out of university. As a result she has to find refuge in the streets that devour her last bit of hope of rising again. The novel, published by New Voices Publishing, was introduced to an eager audience at the Bloemfontein Campus.

Moloi, a third-year Communications student and prime of House Tswelopele, says his book is a unique offering that will inspire and intrigue.

"The inspiration behind this project emanates mainly from the realisation that as much as we bemoan the lack of reading among young people – particularly in the townships and rural areas – we haven’t taken the initiative to write books that will speak to them and their day-to-day circumstances."

The talented writer, who is also a content contributor for News24 and a former IRAWA Post news editor, says he has been influenced by the writings of extraordinary individuals such as Kwasi Koranteng, Steve Biko and Dr KPD Maphalla. It took him three years to write the book, Ace says, mentioning that it first started as a Sesotho novel, that was later turned into English.

Already working on his second manuscript, Prey and Predators, Ace’s message to fellow students is to never underestimate the power of dreams. "By nature, dreams are unique, and so is yours. Own it up. Defend it. Realise it. Most importantly, never allow anyone to make you feel guilty for having great ambitions, for without ambition there is no meaning at all to life."

* In Her Fall Rose a Nation sells for R100 and can ordered from Ace at ace.moloi@gmail.com. The book can also be ordered online for R150 from New Voice Publishing online bookstore at www.newvoices.co.za.

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