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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

An exceptional year at Kovsies — one of the most successful years in academic achievement
2014-12-04

 

The University of the Free State (UFS) had an exceptional year, with many staff members and students performing both nationally and internationally. Considerable progress has also been made in improving the academic standards of the university.

“So far, this has been one of the most successful years in academic achievement. The UFS now has the highest academic pass rate in years, partly as a result of the admission standards which were raised four years ago.

“We now also have the highest rate of research publications, one of the highest publication figures for scholarly books in history, three Mandela Rhodes scholars and several international communication awards”, says Prof Jonathan Jansen, Vice-Chancellor and Rector of the UFS.

“The university now attracts top professors from all over the country and other parts of the world and for the first time in many years, two researchers received A-ratings from the National Research Foundation (NRF). This is the first time in the history of the UFS that two A-ratings were awarded simultaneously. The most researchers ever were rated by the NRF this year. After the constant turmoil of a few years ago, Kovsies has now become one of the most stable campuses in South Africa,” Prof Jansen says.

The impartial findings of a recent survey of UFS stakeholders showed that our values are endorsed by 92%; 86% agrees with our vision; 81% agree with our goals; 77% agree with our transformation; 78% believe that we are inclusive; and 78% applauded our overall reputation index. “These figures are very different from a few years ago when the university experienced a crisis,” he says.
 
According to Prof Jansen, the UFS’s financial situation is one of the most stable of all universities in South Africa, with a strong balance sheet and growing financial reserves – way better than before. This is exactly the reason why the UFS received confirmation from the Independent Regulatory Board of Auditors (IRBA) this year that we complied with international standards of reporting for the financial year which ended on 31 December 2013.

“I am also pleased to report that the crisis in the delivery of health services in the Free State province has been resolved due to collaboration between the UFS Management (including the Dean: Health Sciences and Head of the School of Medicine), the Department of Health and the Premier, Mr Ace Magashule. Although the loss of skilled personnel is still a concern, the Dean and Head of the School of Medicine are recreating the Health Services Platform at Universitas Hospital. However, the academic training of no undergraduate medical student or any student in the Health Sciences was influenced by the crisis in the Universitas and Pelonomi Hospitals”, he says.

The UFS is regarded around the world as a model of transformation and reconciliation in the student body. The recent SRC elections are only the most visible example of how far we have come in terms of leadership diversity. “Not a week goes by in which other universities, nationally and abroad, do not come to Kovsies to consult with us on how they can learn from us and deepen their own transformations, especially among students”, Prof Jansen says.

“The UFS will continue its model of inclusive transformation which provides opportunities for study and for employment for all South Africans, including international students and colleagues. We remain committed to our parallel-medium instruction in which Afrikaans remains a language of instruction; we are in fact the only medical school in the country that offers education and training in Afrikaans and not only English. We provide bursaries and overseas study opportunities to all our students, irrespective of race. And our ‘future professors’ programme is richly diverse as we seek the academic stars of the future. But we remain steadfast in our goal of making the UFS a top world university in its academic ambitions and its human commitments,” Prof Jansen says.

 

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