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20 June 2018 Photo Valentino Ndaba
Justice Malala and Bernard Agulhas build students business acumen
Bernard Agulhas, engaging students on the auditing world at the Business Acumen day recently hosted by the School of Accountancy.

“Auditors need to have a challenging and sceptical mindset,” said Bernard Agulhas, CEO of the Independent Regulatory Board of Auditors (IRBA), the regulating body responsible for investigating and disciplining auditors. Agulhas presented a talk titled: ’Restoring confidence in the audit profession – the South African story’ at the Business Acumen Day recently hosted by the School of Accountancy at the University of the Free State (UFS).
 
Agulhas shared insights into some of South Africa’s recent auditing scandals surrounding KPMG and the Guptas, Eskom and SA Airways, among others..About 305 BAcc third-year, Postgraduate Diploma in General Accountancy, BCom AccHons, and BAccHons (CTA) students had the privilege of being exposed to the expert opinions of Agulhas and political commentator Justice Malala.
 
Building on Agulhas’s argument, Malala proposed that, “Ethics is at the core of what we should be and should do,” adding that, “the only thing standing between you and anarchy is having institutions like the UFS.”

Malala presents The Justice Factor on eNCA and is also a columnist of note. This award-winning journalist has had his work published internationally in newspapers such as The Wall Street Journal, Financial Times, The Telegraph, The Independent, Forbes and Institutional Investor, among others. His broad perspective shed a different light on political and economic issues currently engulfing South Africa, and encouraging the auidence to apply their critical thinking skills.

Prof Hentie Van Wyk, Head of the School of Accountancy also encouraged students to engage in lifelong learning in alignment to the CA2025 project championed by the South African Institute of Chartered Accountants (SAICA).
 
According to SAICA: “In a world of exponential and continuous change, it has become more critical than ever to ensure that CAs (SA) remain relevant in the roles they perform. The CA2025 project being undertaken is formally researching the competencies, including knowledge, skills and attitudes that CAs (SA) will need to demonstrate in the workplace of the future.” 

One of the pervasive skills identified as a key area in the development of CAs (SA), is business acumen. Business acumen is a more professional term for business savvy or business sense. This skill goes hand in hand with critical thinking – a skill that no CA(SA) can do without. With this in mind, the School of Accountancy identified the need to expose students to leaders who, not only possess these skills, but can contribute to their understanding of the profession and the country’s economy, hence the Business Acumen Day held on 4 June 2018 at the Bloemfontein Campus.

News Archive

State of our campuses
2016-05-13

16 May 2016: Qwaqwa Campus reopens on Wednesday 18 May 2016

The Qwaqwa Campus of the University of the Free State (UFS) will reopen residences on Wednesday 18 May 2016 from 12:00 for occupation by registered students.

 

12 May 2016: Qwaqwa Campus closed until further notice

Students and staff were instructed to leave the campus with immediate effect.

 

16 March 2016: Investigations into incidents on the Bloemfontein Campus: 22-26 February 2016

Investigations underway into incidents relating to the Varsity Cup rugby match at Xerox Shimla Park and all other criminal acts occurring during protest action

 

04 March 2016: Letter from Emma Sadleir, Social Media Law Consultant

Letter from Emma Sadleir, Social Media Law consultant

 

04 March 2016: Extension of the academic calendar

Academic calendar extended by one week

 

04 March 2016: UFS urges individuals to come forward with evidence

UFS urges individuals to come forward with evidence about incidents on the Bloemfontein Campus last week

 

29 February 2016: Confirmation of the security arrangements on the Bloemfontein and South Campuses for the week

As communicated yesterday, herewith confirmation of the security arrangements.

 

29 February 2016:  Statement by the senior leadership of the University of the Free State

Statement by the senior leadership of the University of the Free State regarding the situation on the Bloemfontein Campus

 

28 February 2016: Academic and security arrangements

Academic and security arrangements on the Bloemfontein and South Campuses for the coming week

 

28 February 2016: Letter to parents

Letter to parents from Prof Jonathan Jansen, Vice-Chancellor and Rector of the UFS

 

28 February 2016: Availability of academic and security arrangements

Information about academic and security arrangements on Bloemfontein and South Campuses will be communicated by 14:00.

 

25 February 2016: UFS management and contract workers reach agreement

Earlier today, the management of the University of the Free (UFS) reached an agreement with contract workers

 

24 February 2016: Kovsies gather in prayer

Kovsie students gathered at the Bloemfontein Campus Main Gate to unite in prayer

 

24 February 2016: UFS Bloemfontein and South Campuses closed from 25 to 26 February 2016

To reopen on Monday 29 February 2016

 

23 February 2016: A statement by Prof Jonathan Jansen, Vice-Chancellor and Rector of the University of the Free State (UFS)

Situation on the Bloemfontein Campus

 

23 February 2016: Situation on the UFS Bloemfontein Campus under control after further disruptions

The safety of students in residences on campus is the major concern for the senior leadership of the university

 

22 February 2016: Varsity Cup rugby match between FNB Shimlas and FNB NMMU Madibaz disrupted

The Varsity Cup match between the FNB Shimlas and FNB NMMU Madibaz was disrupted in the 17th minute when a group of protesters moved onto the field in order to disrupt the match already underway.

 

22 February 2016: UFS Bloemfontein and South Campuses closed from 23 to 24 February 2016

The University of the Free State’s (UFS) Bloemfontein and South Campuses will be closed from 23 to 24 February 2016.

 

22 February 2016: Update on situation on the Bloemfontein Campus

Striking outsourced contract workers have been demonstrating outside the Main Gate of the Bloemfontein Campus

21 February 2016:  Strike by outsourced contract workers on the Bloemfontein Campus

All academic and administrative services will continue as normal.

 

18 February 2016: Protest by contract workers on the Bloemfontein Campus

A group of mostly contract workers protested on the Bloemfontein Campus of the University of the Free State.


25 January 2016: No incidents on the three UFS campuses

Comparative figures still indicate that day-to-day registration compares well with that of 2015.

 

19 January 2016: Campus activities are continuing as normal

Registration process is progressing well 

 

 

 

 

 

 

 

 

 

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