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The University of Johannesburg (UJ) is proud that the SA Institute of Chartered Accountants (Saica) reaffirms the institution as the leader in accounting education in the country.

Saica’s results, released on Friday, also confirmed that UJ is leading the accountancy transformation narrative.

The head of the accounting department, Professor Ben Marx, has congratulated the 177 students who have passed the Initial Proficiency Test (ITC), saying that the ITC is the first of two professional exams that candidate chartered accountants must pass to qualify. register with Saica as a Chartered Accountant.

“We are extremely proud of our students’ performance in the January ITC exam, which is a testament to the resilience of our students and staff over the past two very difficult years under Covid-19,” Marx said on Tuesday.

Saica said student Inge Marx was one of the top students. Inge passed with honors, scoring over 75% on the exam.

“Another strong point is the fact that our 17 academic trainees achieved a 100% pass rate. UJ celebrates our first African success rate 27% higher than the national average.

The professor added that the university is proud of its partnership with the University of Namibia.

“Up to 100% of University of Namibia students who enrolled in UJ CTA in 2021 passed ITC,” Marx said.

UJ also said in the statement that the university is proud to be the pioneer institution accredited by Saica to introduce a compulsory subject in the 4th industrial revolution in accounting. This compulsory subject is offered to all third year students of the B Acc (CA track) and the B Com Acc.

Anelisa Sibanda