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18 April 2024 | Story Anthony Mthembu | Photo Supplied
Mia Pretorius
Mia Pretorius, one of the accountancy graduates from the UFS Class of 2023, excelled in the SAICA ITC examination, securing the 6th position nationally.

The accountancy graduates of the University of the Free State (UFS), Class of 2023, have showcased their excellence by achieving an impressive 86% pass rate in the January 2024 Initial Test of Competence (ITC) examination administered by the South African Institute of Chartered Accountants (SAICA). This achievement underscores the rigorous academic standards and dedication upheld by both the students and the esteemed faculty of the UFS School of Accountancy.

Prof Frans Prinsloo, Director of the School of Accountancy at UFS, expressed profound satisfaction at these remarkable results. He remarked, ‘’This achievement bears testament to the many hours of hard work invested over many years by the UFS School of Accountancy team and its students, and it brings us great joy.’’

Among the shining stars of this accomplishment is Mia Pretorius, a SAICA Audit Trainee at Deloitte in Cape Town and a distinguished UFS alumnus. Pretorius clinched the sixth position nationwide in the exam, surpassing over 2000 graduates across the country. Reflecting on her achievement, Pretorius conveyed her overwhelming gratitude, acknowledging the challenging nature of the examination, particularly the time constraints. She attributed her success to the comprehensive preparation received at UFS, stating, ‘’We wrote some difficult examinations during my time at UFS, so I was well prepared and found the ITC to be a bit easier than some of the exams that were written at UFS.’’

Prof Prinsloo lauded Pretorius’s success as a testament to the effectiveness of the CA programme at UFS, stating,’ Our CA programme not only enables our graduates to pass the ITC examination but, in fact, empowers them also to excel.’’

The significance of this accomplishment extends beyond individual success stories. Prof Prinsloo emphasised that the SAICA ITC examination serves as a crucial benchmark for evaluating the quality of the Chartered Accountancy (CA) programme offered at UFS. He elaborated, ‘’These results signify that the CA programme offered by the UFS not only develops our students’ technical competence in the subject areas of Financial Accounting, Auditing, Taxation and Managerial Accounting and Finance to the appropriate level but also equips them with the essential professional skills.’’

With aspirations for their students to make meaningful contributions to their respective fields and communities, Prof Prinsloo expressed hope that these accomplished students uphold ethical standards and serve as inspiration for our future students.

The achievements of the UFS accounting graduates of 2023 in the SAICA ITC examination underscore the university’s commitment to academic excellence and the holistic development of its students. 

News Archive

New building for Centre for Financial Planning Law
2012-04-23

 

A graphic illustration of the new building for the Centre for Financial Planning Law.
19 April 2012

 

During a recent tree planting ceremony, the Centre for Financial Planning Law in the Faculty of Law officially handed over the site for a new building for the centre. The building should be complete by the end of 2012.

The Centre for Financial Planning Law’s present premises has become too small for the needs of the centre, thus a decision was taken to build a new building.

The centre, which was opened in 2001 with three staff members, grew during the past 11 years to a centre with 13 permanent staff members. Some 1 300 students – 120 undergraduate and 1 200 postgraduate students in the Postgraduate Diploma in Financial Planning Law and the Advanced Postgraduate Diploma in Financial Planning Law respectively – are enrolled at the centre. Undergraduate students attend weekly contact sessions while the postgraduate students all study electronically through distance education.

According to Mr Rudolf Bitzer of Bitzer Design Studio, one of the two architecture firms involved in the development of the building, the new building was planned in order to to make provision for future extensions. “The opportunity for the centre to function independently was important from the beginning and facilities had to be positioned in such a way that the lecture hall and committee room could be hired out commercially when lectures were not being presented.

“The building consists of a large reception venue, which gives access to a lecture hall (which can be subdivided), a committee room, public amenities and a reception counter. The centre will present about ten lectures annually in its own building and the lecture hall can accommodate 80 students. Exams will also be written in the venue,” said Mr Bitzer.

The usable inside area of the building totals 827 square metres.

The staff function in their own section of the building, with the offices arranged around a courtyard. Security access makes it a secure environment. In addition, staff have access to a staff room with a service hatch to the reception room, reception counter, personal assistant’s office, nine individual offices and a large open plan office, a storeroom, a cleaners’ room and facilities for staff.

“With the design, an attempt was made to make the building stand comfortably in the landscape without disappearing into the natural landscape. It is an unpretentious building, which seeks to provide well articulated architecture,” said Mr Bitzer.

The architecture firms involved are Bitzer Design Studio and Roodt Architects.

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