ICAZ happy with results

this year.
A total of 134 prospective chartered accountants passed part one of the Qualifying Examinations written in January this year, according to ICAZ results released last week.
Figures show that 216 students sat the examination, representing a pass rate of 62 percent compared to the 28 percent obtained last year.
ICAZ’s examination board chairman, Mr Bryn Thorn, expressed satisfaction at the impressive performance by the successful students.
“This year’s results are a big improvement on last year.
“Performance in the tax questions was significantly better and this year was the first time where four papers were written over two days with half an hour reading time for each paper,” he said.
The successful candidates will now go on, after completing their specialism courses in either auditing or financial management, to write later in the year either Public Practice Examination (auditing) or qualifying examinations part two.

 

(final management), which constitutes the second and final part of their qualifying examination. ICAZ is one of the major accounting bodies in Africa and is a full member of International Federation of Accountants and Central and Southern African Federation of Accountants (ECSAFA).
In terms of study, students read for their examinations alongside practical training, while serving articles of clerkship with an accounting firm or commercial or industrial company accredited as a training office by the Institute of Chartered Accountants.
According to ICAZ, students who wish to train as both auditors and accountants train inside public practice (TIPP) with an auditing firm, while those who do not wish to be auditors can train outside public practice (TOPP) with an accredited commercial or industrial company.