UFS accounting students achieve high marks

8 of the 64 UFS School of Accountancy students who form part of the 84.2% pass rate achievers. Photo: Charl Devenish

Students of the School of Accountancy at the University of the Free State (UFS) achieved an 84.2% pass rate during the Initial Test of Competence (ITC) examination. This is compared to the national average of 76.2% in the exam run by the South African Institute of Chartered Accountants (SAICA).

According to Prof. Hentie van Wyk, Programme Director at the school the high pass rate was due to diligence. “This is due to our student-centred teaching module that was introduced four years ago and committed academic staff of the School of Accountancy from the first to the fourth year,” said Van Wyk.

The ITC is known for its challenging nature. A total of 64 out of 76 UFS students who attempted the ITC for the first time were successful in the examination.

“With the coming June 2019 ITC sitting, our pass rate for 2019 will most probably be more than 90%. Our three-year rolling average for 2015-2017, 2016-2018 and 2017-2019 were 83%, 86% and 90% respectively. Hopefully we can maintain the upward curve,” said Prof. Van Wyk.

According to a statement by UFS in relation to demographics African black students outperformed the 62.1% national pass rate by attaining an impressive 80.6%. – Nomaqhawe Mtebele