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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

UFS research could light up South African homes

2016-01-21

Reitumetse Maloa, postgraduate student and researcher at the UFS Department of Microbial, Biochemical and Food Biotechnology, is using her research to provide solutions to the energy crises in South Africa.

A young researcher at the university is searching for the solution to South Africa’s energy and electricity problems from a rather unlikely source: cow dung.

“Cow dung could help us power South Africa,” explains Reitumetse Maloa, postgraduate student and researcher at the UFS Department of Microbial, Biochemical and Food Biotechnology.

Reitumetse’s research is trying to understand how the bacteria works that is responsible for producing biogas.

“Biogas can be used for cooking, heating, lighting and powering generators and turbines to make electricity. The remaining liquid effluent can fertilise crops, as it is high in nitrogen, phosphorus and potassium.”

By using cow dung and food waste to produce biogas, we will be able to lower greenhouse gases.

Biogas is produced in a digester - an oxygen-free space in which bacteria break down or digest organic material fed into the system. This process naturally produces biogas, which is mainly a mixture of methane and carbon dioxide.

“Many countries, such as Germany and the United States, have begun generating electricity from cow dung and food waste, through a process known as biogas production. In South Africa, a number of industries, including waste-water treatment facilities and farms, have caught on to this technology, using it to generate heat and to power machines.”

Until recently the world has relied heavily on electricity derived from fossil fuels such as coal, natural gas and oil. Once these fuels have been extracted from underground reservoirs, they are treated or cleaned, transported to power plants and transformed into the electricity that will reach your house. Fossil fuels are considered a ‘dirty’ energy source which gives off greenhouse gases when burned. Those gases are the major contributing factor to climate change.

“We know very little about the interaction of the bacteria inside the biogas digester. To use biogas as a sustainable fuel source, we need to understand and describe the bacteria population and growth dynamics inside the digester to produce biogas optimally. Currently we are testing a variety of feedstock, including bran, maize and molasses, for biogas production potential, as well as optimising the conditions leading to maximum biogas production. We are also exploring the potential to use the effluent as fertiliser on local farms. The ultimate goal is to have biogas systems that will supply our university with clean energy.”

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