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Tuks does it again in the 2011 qualifying examination of SAICA
Posted on 08 June 2011
Standing: Maryke Scheün, Lebogang Madumo. Olivia Nyembe, Jaco Jordaan, Carla Hugo, Front: Nadia van der Walt, Nelmari de la Rey, Rholé Coetzee
The results of the South African Institute of Chartered Accountants (SAICA) Qualifying Examination Part 1 (QE 1)) were released on Friday, 27 May 2011, after being written in a brand new format in January 2011. A total of 3 110 candidates wrote the exam, of which 1 978 passed.
The following are interesting facts about the recent examination:
Jaco Jordaan of UP (academic trainee in the Department of Financial Management) came fourth under the top ten candidates in the exam and passed the exam with honours (achieved 75% or higher).
Only seven of the 3 110 candidates who wrote the exam, passed with honours and the seven form part of the top ten qualifiers.
The national pass rate among all first-time writers in 2011 was 80%.
UP achieved a first-time pass rate of 96% (joint first position of the Big Five CA training universities).
154 out of 161 of UP’s first-time candidates passed.
UP achieved a pass rate of 97% for African candidates in 2011 (89% in 2010).
All ten the academic trainees at UP passed the exam.
Taking both first-timers and other candidates into account, 164 out of 173 (95%) candidates passed - the highest pass percentage in South Africa.
The Departments of Auditing, Financial Accounting, Financial Management and Taxation are involved in CA training at UP.
The following table provides an overview of the performance of UP candidates over the past five years:
Year
Pass rate of first time candidates
Position nationally
2011
96%
Jointly 2nd
2010
92%
1st
2009
96%
3rd
2008
95%
3rd
2007
93%
2rd
Carla Hugo, Maryke Scheün, Jaco Jordaan, Rholé Coetzee
Nadia, Olivia, Lebogang, Rholé en Nelmari