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Monday, November 29, 2021

UP makes history with unprecedented 100% pass rate in SAICA ITC exams

The University of Pretoria (UP) this month made history with an unprecedented 100% pass rate in the South African Institute of Chartered Accountants (SAICA) April Initial Test of Competence (ITC) results.

UP obtained a 100% pass rate in the SAICA ITC exam for first-time writers and an overall pass rate of 99.4% for all candidates.

These historically exceptional results place the university in first place in South Africa.

Head of Department of Accounting and the Chartered Accountancy Programme Coordinator Professor Madeleine Stiglingh said not only did the number of African black candidates from UP increase but for the first time ever, the pass rate for our African black, coloured and Indian students is an unprecedented 100%.

“It is higher than the pass rate of the white candidates at 99%,” said Stiglingh.

Stiglingh said the number of African black candidates increased by 7% while the pass rate increased from 86% in 2020 to 100% in 2021.

SAICA administers two professional exams per year and the results of the first of the ITC exams were recently released.

Stiglingh said the university’s pass rate is not only substantially higher but that UP has achieved the highest pass rate in the country for our African black candidates.

According to SAICA, the national pass rate for all African black candidates is 52%.

A total of 3 887 (2020 – 3 657) candidates wrote the April 2021 ITC, of which 2 507 (2020 – 2 149) passed. UP contributed 174 candidates to the April 2021 ITC.

UP’s first-time pass rate averages at 94% over a period of 15 years, making it one of the most consistent among the country’s universities.

The Dean of the Faculty of Economic and Management Sciences, Professor Elsabé Loots, commended Professor Johan Oberholster, the 2020 CA Coordinator, the Heads of the four academic departments in the faculty and all the lecturing staff on this stellar achievement.

“We are extremely proud of the performance of our students in the latest ITC results that clearly demonstrate that UP continues to be one of the leaders in the education of chartered accountants,” said Loots.

Professor Tawana Kupe, Vice-Chancellor and Principal of UP, congratulated the students.

Kupe said UP is delighted with this pass rate.

“Our students achieved an amazing pass rate in the midst of a pandemic. You have shown resilience and tenacity,” he said.

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