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UFS students achieve outstanding success in the SAICA ITC examination

18 April 2024 | Story Anthony Mthembu | Photo Supplied

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

Shortage of quantity surveyors discussed at UFS

2006-03-24

During the recent visit of the Association of South African Quantity Surveyors (ASAQS) to the University of the Free State (UFS) were from the left Mr Egon Wortmann (Director: ASAQS), Prof Basie Verster (representative of the Free State on the ASAQS and head of the Department of Quantity Surveying and Construction Management at the UFS), Mr Greyling Venter (Chairperson: Free State branch of the ASAQS), Prof DG Brümmer(Vice-President: ASAQS) and Mr Patrick Waterson (President: ASAQS).
Photo supplied

Shortage of quantity surveyors discussed at UFS

“The South African building industry is experiencing an unprecedented high level of economic growth and prosperity. This is causing a definite shortage of registered quantity surveyors,” said Mr Egon Wortmann, Director of the Association of South African Quantity Surveyors(ASAQS) during the association’s recent visit to the Department of Quantity Surveying and Construction Management at the University of the Free State (UFS).

“This shortage is especially noticeable in local and national governments where unqualified and inexperienced staff, consultants and/or facilitators are now appointed,” said Mr Wortmann.

In doing so, the authorities that have adopted this approach are according to Mr Wortmann actually acting illegally and are not in compliance with the legal and statutory requirements of South Africa. “These unprofessional practices are unproductive, it leads to frustration and is strongly condemned by the ASAQS,” he said.

“The service delivery of these unqualified and unregistered service providers is often sub standard and does not comply to the legal requirements of the profession. It may also result in the tarnishing of the image and high professional standards set by the quantity surveying profession,” said Mr Wortmann.

“Universities offering programmes in quantity-surveying and construction management are also negatively affected by the high levels of activity in the building environment. Suitable lecturing staff are leaving the academic institutions as they are attracted to better opportunities being offered in the building industry. The ability of the tertiary institutions to attract young academics, to train them and to keep them in the longer term, is therefore almost impossible”, said Prof Basie Verster, head of the Department of Quantity Surveying and Construction Management at the UFS and representative of the Free State on the ASAQS.

According to Prof Verster the UFS supplies more than its quota of qualified quantity surveyors to the South African building industry. “Although more than 460 students are registered in construction related programmes at the UFS, we are as the ASAQS’s concerned about the shortage of students that can enter the construction industry. In our case, we are experiencing a shortage in black female students,” he said.

“Of the 460 postgraduate students, 38% are black of which 20% are female students. Graduates do also not necessarily stay in the country. As the UFS’s programmes are accredited overseas, a lot of our students leave the country for working opportunities elsewhere,” said Prof Verster.

Mr Patrick Waterson, President of the ASAQS, appealed to quantity surveyors to, when they are approached, consider academic careers or to make themselves available to lecture on a part time basis. “I also appeal to quantity-surveying practices, construction companies and developers to consider taking part in training activities,” he said.

The ASAQS has over the years developed a proud tradition within the quantity-surveying profession. Consequently membership of this organisation is a sought after goal for many members within the building environment. International agreements with various countries are also in place whereby it is mutually agreed that local as well as overseas qualifications are mutually acceptable on a reciprocal basis.

A more recent addition to the list of agreements is the reciprocity agreement entered into with the Royal Institution of Chartered Surveyors which makes it possible for South African based quantity surveyors to practice in over 120 countries worldwide.

Media release
Issued by: Lacea Loader
Media Representative
Tel: (051) 401-2584
Cell: 083 645 2454
E-mail: loaderl.stg@mail.uovs.ac.za
23 March 2006

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