The University of Johannesburg (UJ) reigns again in accounting education across the country.
This is evidenced in the 2023 results where UJ students achieved a first-time pass rate of 95% and a total of 249 students successfully passed the ITC (initial test of competence).
The results of the January 2023 ITC of the South African Institute of Chartered Accountants (SAICA) were released on Friday.
The ITC is the first of two professional examinations which prospective chartered accountants (CAs) are required to pass in order to register with SAICA as CAs, and aims to assess candidates’ technical competence.
UJ congratulated Tasmiyah Bodhania, Yorisha Nankoo and Luke Wessels who passed with honours, achieving more than 75% in the strenuous examination.
“We are extremely proud of the performance of our UJ students who passed this rigorous examination,” said professor Ben Marx, head of the department of accountancy.
“Whilst the accounting profession saw a reduction in student numbers by universities who sat for the examination over the last number of years, as well as the lasting impact of Covid-19 on university success rates, UJ on the contrary continued to deliver an increased number of students who wrote and achieved remarkable success in the ITC examination.
“UJ is proud to have the largest number of all residential students who wrote the exam.”
Nankoo and Wessels said this is testimonial to the agility of UJ students and the commitment of lecturers and the quality of the academic programme.
“It also emphasises the belief of UJ vice-chancellor, professor Mpedi, that access and excellence are not mutually exclusive.
“We pay tribute to the exceptional leadership and support of UJ’s management who fosters a dynamic and stable environment under which students can excel and prosper in their studies.”
The accounting department said it is committed to educating critical-thinking business professionals for the world of work, while at all times being focused and intentional in delivering a dynamic and responsible social impact on society and nation-building at large.
“Our academic programmes are distinctly focused on the development of well-rounded individuals who will be ethical leaders, critical thinkers and innovative enablers in the 4th Industrial Revolution.”