Candidates who wrote the South African Institute of Chartered Accountants (Saica's) final board exam on 1 December said they were left "traumatised" after some of them spent almost 15 hours in exam venues where they were supposed to write what would arguably be the most important exam in their career.
The Assessment of Professional Competence (APC) exams are the final step towards becoming a qualified chartered accountant (CA) and getting the CA designation in SA. It's usually a 10-year journey for candidates to get to this point.
Candidates only have one shot at it in a single year, and it doesn't come cheap. They pay R15 000 to enrol for the Board course and another R6 000 for the APC exam.