Young people from the Scenic South Peninsula continue to excel in their fields.

We were bowled over by the news that our middle son, Christopher von der Heyden (24), was amongst the top ten candidates in the Chartered Accountants  Financial Management Specialization Qualifying exam written in Nov last year. Chris has always done well in the sporting field but has never been totally enthusiastic about studying!

Chris von der Heyden in top 10 candidates in CA qualifying exam Nov 2012An ex-pupil of Bay Primary, Fish Hoek Middle School and Fish Hoek High, Chris matriculated in 2006 after which he embarked on a B Acc degree at Stellenbosch University. On graduating he moved to Johannesburg to do his articles at the Standard Bank head office in the city centre, where he is in his final year. At the end of March he will be doing a 4 month stint at the London branch of the Standard Bank, an experience he is looking forward to.

He plans to travel around Europe before coming home and then to spend a few years working in the Middle East after completing his articles in Johannnesburg. His dream is to establish his own business in the Eastern Cape – close to good fishing grounds!

Viv

Prospective financial management CAs(SA) prove their competence in final professional examinations

Media release from SAICA https://www.saica.co.za/News/NewsArticlesandPressmediareleases

Johannesburg, Monday, 18 February 2013 – Aspiring Chartered Accountants [CAs(SA)] achieved good results in Part II of the Qualifying Examination, Financial Management (QEII) towards becoming a CA(SA).

Chris von der Heyden with his first trout catchThe overall pass rate for the Financial Management QEII, written in November 2012, is 78%, a slight decline over the previous year’s 83%. A total of 182 candidates sat for the 2012 examination, whereas only 149 candidates wrote the examination in 2011.

Congratulating first placed, and honours candidate, Keren Swanson of Allan Gray Ltd, Mandi Olivier, Senior Executive Professional Development at the South African Institute of Chartered Accountants (SAICA) said, “this is an immensely impressive achievement requiring talent and great commitment.” Olivier went on to praise the top 10 candidates for their hard work and dedication to excellence. “It is even more pleasing to see the gender transformation of the profession as is evidenced by the top three candidates being women and the female pass rate being 80%.”

“While the results show a lower percentage pass rate from 2012, we are very pleased at the overall pass rate as this resulted in 141 candidates passing compared to 124 candidates in 2011.  This increase helps to addresses the skills shortage we face with CAs(SA) in South Africa,” says Olivier.

QEII is the final examination for trainee CAs(SA) and is the culmination of what is normally at least seven years of studying and training.

“Olivier expressed satisfaction over the results posted by black candidates stating that: “This is again a positive manifestation that our transformation programmes are gaining momentum as more successful black candidates emerge.”

Highlighting the fact that more African candidates wrote and passed this crucial examination, Olivier points out that the number of these candidates had risen from 84 to 98 candidates in 2012.

The overall pass rate among Indians, African and Coloured candidates was 71% (up on last years 67%).

Olivier, while congratulating all aspiring CAs(SA) who passed the QEII examination, stressed that there was no let-up in the high standards demanded of prospective CAs(SA). “We know that maintenance of the high standards among CAs(SA) is what makes the designation so sought after across the globe.

The top 10 candidates were:

PLACE NAME FIRM

1

Keren Swanson * Allan Gray Ltd

2

Leanne Sarah Hackner * Investec Bank Ltd

3

Andiswa Mjuleka * Standard Bank of SA

4

Anton Friedlander * Investec Bank Ltd

5

Blake Frederick Musgrove Investec Bank Ltd

6

Michael Peter Toman Investec Bank Ltd

7

Nancy Raine Naude Allan Gray Ltd

8 (joint)

Candace Bethia Stuhler Nedbank Ltd

8 (Joint)

Christopher Martin von der Heyden Standard Bank of SA

10 (Joint)

Robert James Peche Nedbank Ltd

10 (Joint)

Jacqueline Rolina Pott Investec Bank Ltd

10 (Joint)

Ori Shushan Investec Bank Ltd

 

* With Honours(75% and above)

SAICA sets Part II of the Qualifying Examination for prospective CAs(SA) in the Financial Management route.  The results for Public Practice Examination (PPE) for prospective CAs(SA) in the auditing route, which is administered by SAICA, will be released by the Independent Regulatory Board for Auditors (IRBA) on Friday, 22 February 2013.