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ITC Results: Transformation initiatives are paying off

Despite chartered accountancy being one of those fields that faces a critical skills shortage, the Department of Higher Education and Training’s Top 100 scarcest skills in the country notes that there continues to be a shortage of chartered accountants entering the profession. Moreover, 70% of those in the chartered accountancy profession are white. With the release of the Initial Test of Competence (ITC) January 2019 exam results, the South African Institute of Chartered Accountants (SAICA) said the profession is making significant progress to address both these areas.

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January 2019’s ITC Top 10

Being named in the ITC Top 10 is a remarkable accomplishment. To be listed candidates must obtain a pass mark of 70% or more and represent the exam’s ten best performers. In this sitting, all of the Top 10 candidates also achieved honours – meaning they achieved a pass mark of 75% or higher.