Online registration for the January 2017 sitting of the Initial Test of Competence (ITC) is now open. The ITC is the standard setting exam which is written after the completion of an accredited CTA programme and is an assessment of core technical competence. To be eligible to write this exam a candidate must hold a CTA that has been accredited by SAICA between 2014 and 2016.
If you’re a 2017 ITC candidate, we would encourage you to register as soon as possible, in order to benefit from the lower registration fee, regardless of whether you’re waiting for your 2016 CTA results or not. Payment will only be due once SAICA has received your CTA results and it has been confirmed that you are eligible to write the ITC in January 2017.
The fees are as follows and based on the date of online registration:
• Between 6 October and 15 December 2016: R5 004.60
• Between 16 December and 31 December 2016: R7 506.90
• Between 1 January to 15 January 2017: R10 009.20
All fees are inclusive of VAT.
About the ITC
The ITC consists of four papers, Professional Paper 1, 2, 3 and 4; each worth 100 marks. The paper is worth a total of 400 marks and 50% is required in order to pass (200 marks). However, a candidate needs to show the appropriate competence in all levels and disciplines, therefore a minimum requirement of 40% in at least three of the four professional papers is necessary in order to meet the requirement for a pass.
Once the paper has been handed out, there is a 30-minute period of reading time allocated, after which you have 150 minutes in which to complete the paper. The papers are written over two consecutive days, the first papers in the morning, the second in the afternoon, with a two-hour break in between. The dates of the exam will be 25 and 26 January 2017.
You will be notified by SAICA of your results via email.
How to register
If you are a repeat candidate, or you’re already registered with SAICA, you will already have your eight digit SAICA ID number and therefore must not create a new account, but rather use your existing log in details.
If you do not have an account, register by clicking on ‘register’ on the SAICA home web page, fill in all the required information and click on ‘register’. You will immediately receive an email confirming the user name and password you provided, and can use these to proceed and access the online registration form. You then simply follow the steps outlined and provide the necessary information to complete the process.
It is important to ensure that your profile information is kept up to date, particularly details such as an email address that you can access at all times, mobile number, employer and postal address.
Open book policy
All candidates must go to the SAICA website in order to familiarise themselves with the open book policy (permitted text – Section 9). Link: ITC Regulations 2016 (437Kb PDF)
Exam venues will also be provided on the SAICA website and the online registration form. Please ensure that you select the correct venue where you wish to write.
Correspondence you can expect from SAICA
Once you have completed and submitted the online registration, you will receive a computer generated confirmation via email as soon as SAICA has received your registration. If you have not received confirmation within 24 hours, please contact the SAICA call centre or email email@example.com. Non-receipt could mean that your registration was not successful.
Please check that all details are correct, especially with regards to venue. Advise the exam department immediately of venue changes.
You will also receive an examination admission letter, which will be sent to you as soon as SAICA has verified that you have passed the CTA and your payment has been received or SAICA has received a promise that your employer will pay the exam fee. This admission letter will confirm that you are eligible to write the ITC and contains your exam number. Please note that this letter must be printed and taken with you to the venue to verify your eligibility to write.
CA Nights: FAQs Dear trainees, So you’ve been invited to CA Nights – but you have some questions...
Meet Dylan Wuth, Financial Director, Ikhwezi Foods t/a Tradestar, 35 who completed his articles at EY, after...
The annual Accountancy SA 35-under-35 competition aims to bring attention to the outstanding work of successful CAs...