College of Business and Economics | Annual Report 2020 53 rise to the challenge. The School of Accounting at UJ, therefore, aims through our portfolio of accounting degrees, to create graduates that will go on to offer real value to the companies they work for, and to play a fundamental role in rebuilding and strengthening the South African economy. aChievemenTs and awards reCeived in 2020: • saiCa uJ continues to contribute towards the growth of the Accounting profession with a total number of 171 candidates passing the SAICA ITC exams in January 2020. This represents a 77% first-time pass rate compared to the national first-time pass rate of 68%. In line with our commitment to transformation, UJ is proud of the 124 black candidates who passed the ITC. • UJ’s pass rate for African candidates is 16% higher than the national pass rate for African candidates, which is a testament to the success of our support interventions. • The University of Johannesburg has become the first South African university to add a cloud accounting platform to its syllabus. In a major boost for accountants of the future, the University of Johannesburg (UJ) has become the first tertiary education institution in South Africa to adopt Xero Learn. • Based on the SAICA accreditation visits conducted to Accountancy@UJ in August 2020 and the evaluation of all of the information presented, the SAICA IPD Committee has resolved that the BCom Accounting and BCom Accounting Extended qualifications be accredited for purposes of the AGA(SA) designation. This accreditation is effective from the 2015 intake of students for the two qualifications. • Launching of 2 new #4IR SLPs: Blockchain Technology and Artificial Intelligence.
RkJQdWJsaXNoZXIy MjU1NDYx