Lower pass rate back-ups how tough CA qualification standards are
Johannesburg, Friday, 15 February 2019: The results of the Assessment of Professional
Competence (APC) – the final hurdle in the seven year (minimum) Chartered Accountancy
qualification journey – released today 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.