The results of the June 2018 Initial Test of
Competence (ITC) of the South African Institute of Chartered
Accountants’ (SAICA) released today reaffirms UJ in leading Accounting Education in South Africa.
The ITC is the first of two professional examinations in which candidate Chartered Accountants (CAs) are required to pass in order to register as CAs.
Following the June results, UJ has an overall pass rate of 93% for the 2018 cohort, compared to the national pass rate of 88%.
Thus, UJ continues to contribute to the growth of the
Accounting Profession with a total of 304 students passing the SAICA
ITC exams in 2018.
Being the largest number of
successful candidates of all residential universities, confirms UJ’s
leadership position in transforming the Accounting Profession in South
UJ is among the main contributors
of African candidates with 167 successful African candidates passing
the SAICA ITC exams in 2018, accounting
for the highest number of African candidates of all residential
universities nationwide and contributing 15% of all African passes in
the 2018 ITC.
SAICA also acknowledges the role
that UJ has played in the Thuthuka ITC Repeat programme - offered to
black candidates across universities - at a pass rate of 71%, compared
to the national pass rate of 61%.
Says prof Ben Marx, Head of the Department of Accountancy,
“ UJ celebrates the success of its candidates in the 2018 SAICA ITC.
The results is testimony to the success of the UJ CTA Programme and we
are proud of the confirmation of UJ as the leader in transforming the
Accounting Profession in line with the national imperatives of
addressing skills shortage and nation building. We are extremely proud
of the fact that Simon Basson achieved the Number One position, with
Brett Black also placed in the Top 10 during the SAICA ITC Exams in