The University of Pretoria has retained its number one spot in the South African Institute of Chartered Accountants’ (SAICA) Initial Test of Competence (ITC), based on the recently released results. UP took the first position in the November 2020 ITC, as well as first position when considering the combined ITC results for 2020 with an impressive 97% pass rate for the latter.
The ITC is the first of two qualifying exams that are written by prospective chartered accountants countrywide, and this latest achievement sees UP maintaining a four-year streak as the university with the highest combined pass rate for this professional exam.
“We congratulate our students and the CA Programme staff for making us proud once again!” said Prof Johan Oberholster, CA Programme Coordinator and Deputy Dean for Teaching and Learning in the Faculty of Economic and Management Sciences.
Prof Oberholster explained that the June 2020 ITC was deferred to November 2020 due to COVID-19 lockdown regulations, and UP students excelled despite writing the challenging exam during the ongoing pandemic. “This set of performance statistics follow on the
results of the January 2020 ITC, when UP not only took the first position in South Africa, but also had an unprecedented seven out of the top ten students,” he added.
The Dean, Prof Elsabé Loots, commended staff in the departments of Accounting, Auditing, Financial Management and Taxation on this stellar achievement. She said: “We are extremely proud of these latest ITC results, along with our improved ranking in the 2021 QS World University Rankings by Subject, where
UP took the first position in South Africa for Accounting and Finance. We moved up to the 101-150 band after appearing in the 151-200 band in 2020, and also had the top citation per paper score achieved by an African university in this field of 96.1/100 citation per paper.”
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