Thuthuka Bursary Fund (TBF) first-time writers achieved an 89% pass rate. TBF provides educational support to black and coloured chartered accountancy learners, particularly those from disadvantaged backgrounds.
SAICA released a statement on 18 March saying that there were 2561 candidates that sat for the ITC exam. In addition, 1943 candidates passed the exam which is the first of two qualifying exams university graduates have to take in order to become chartered accountants.
Azile Nkabinde and Maryna Roesch of UP, were among the top ten performing candidates. Nkabinde, a recent UP honours accounting graduate obtained fourth position. SAICA describes having a spot in the top ten as a “prestigious achievement” as candidates need to have obtained at least 70% in the exam. Furthermore, she was one of only six candidates who passed with an honours grade which has criteria of at least a 75% pass mark.
In the statement, Mandi Olivier, a senior executive of professional development at SAICA, also commended Nkabinde’s exceptional efforts in particular as she is the first ever student under the TBF program to make it into the top ten.