The results of the Assessment of Professional Competence (APC) – the final hurdle in the seven-year (minimum) chartered accountancy qualification journey – recently released yielded critical insight into the quality of newly qualified CAs(SA) being produced for business. While the results reflect a decline in the pass rate, which stands at 68% for the 2018 November APC cohort, the South African Institute of Chartered Accountants (SAICA) says it demonstrates how high the professional standards of prospective chartered accountants (CAs(SA)) must be if they wish to qualify.
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