UP

Posted on March 28, 2014

The results of the January 2014 Initial Test of Competence (ITC) of the South African Institute of Chartered Accountants’ were released on Friday, 28 March 2014, after being written in January 2014.

The following table provides an overview of the performance of UP’s first-time candidates over the past five years:

Year     Pass rate   
2014 98%
2013 95%
2012 95%
2011 96%
2010 92%

The following are interesting facts about the recent examination:

  • A total of 2 618 candidates wrote the exam, of which 1 948 passed, delivering a national pass rate of 74% (January 2013 ITC = 73%).
  • The national pass rate among first-time writers who wrote in January 2014 was 81% (January 2013 ITC = 86%).
  • Taking into account all UP candidates (first-timers and repeat candidates), 215 out of 221 (97%) passed the January 2014 ITC – again the highest pass percentage in SA.
  • UP achieved a pass rate of 98% for African candidates in 2014, while the Thuthuka candidates achieved a pass rate of 97 %.
  • UP also achieved the highest marks in the Financial Accounting and Financial Management and Strategy, Risk Management and Governance sections of this exam. 

The Dean of the Faculty of Economic and Management Sciences, Prof Elsabé Loots, would like to congratulate the CA Programme Manager, Prof Johan Oberholster, the Heads of the Departments of Auditing, Prof Karin Barac, Accounting, Prof Jean Myburgh, Financial Management, Prof Henco van Schalkwyk and Taxation, Prof Madeleine Stiglingh as well as all the staff members in the above-mentioned departments who were involved in achieving these excellent results, with this remarkable achievement.

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