Accounting programmes run by UKZN’s School of Accounting, Economics and Finance remain accredited by the South African Institute of Chartered Accountants (SAICA) following a recent review by the Institute.
The SAICA review was held to assess whether the accounting programmes still met all the requirements for continuous accreditation.
The result of the review was provided in the form of a detailed report released to the School this month.
‘The outcome of the SAICA review was a rating of 2, meaning the School’s Accounting programmes remain accredited,’ said the School’s Acting Dean and Head, Dr Mabutho Sibanda. ‘The School is pleased with the outcome but expected a higher rating.’
SAICA ratings range from 1 to 3 - 1 is full accreditation with no improvements required, 2 is accredited but requiring improvement and 3 is accredited but needing immediate improvement.
Sibanda said the School was working on various additional interventions to not only improve throughputs but to ensure the School attains a No 1 rating.
‘We shall continue to strive for excellence in all aspects relating to the accreditation of the programmes and we hope to receive a rating of 1 in the near future,’ he added.