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29 August 2019 | Story Valentino Ndaba
Michelle de Lange
Michelle de Lange was placed fourth in the world in the Chartered Global Management Accountant exams.

A letter from the Vice-President of Examinations at the Association for International Certified Professional Accountants, Stephen Flatman, reads: “The Chartered Global Management Accountant (CGMA) Examination Board has determined the highest achievers at this level and I am pleased to inform you that you have obtained fourth position in the world for the May 2019 Chartered Institute of Management Accountants (CIMA) Gateway Exam.” The letter was addressed to Michelle de Lange, lecturer at the University of the Free State’s (UFS) School of Accountancy.

This achievement in the tough Chartered Institute of Management Accountants (CIMA) examination is a step in the right direction for De Lange who has been tasked with assisting in coordinating and presenting a new Financial Management qualification next year. “I want to be somewhere where I can make a difference, change a life, plant a dream in someone’s heart and help guide our future generations,” says De Lange. 

Taking local and global footsteps

Prof Frans Prinsloo, Director at the UFS School of Accountancy, has only praise for De Lange and says he looks forward to her influencing the climate and culture of academics. “It is noteworthy that we will be offering the BCom Honours in Financial Management in 2020 and all course content will be aligned to the CIMA Management Level outcomes in order to prepare students to write this exam next November. De Lange will be one of the lecturers on this programme,” Prof Prinsloo says. 

For the love of Accounting

“When I eventually qualified and started working as a financial manager of a large company in Bloemfontein, I realised just how much I loved the field of management accounting – blending leadership, cost and management accounting and strategic decision-making,” says De Lange. 
Although her passion for the field of accounting can be traced back to high school, it was the corporate world that re-ignited the strong spark. This passion has undoubtedly contributed to her international acclaim.

News Archive

Universities can contribute to economic transformation
2010-01-27

At the lecture were, from the left: Prof. Neil Heideman (Acting Dean: Faculty of Natural and Agricultural Sciences), Prof. Hartmut Frank (University of Bayreuth, Germany), Prof. Bianchi and Prof. Jan van der Westhuizen (professor in Chemistry at the UFS).
Photo: Mangaliso Radebe 


Universities have a role to play in economic transformation and industrial development according to Prof. Fabrizio Bianchi, the Rector of the University of Ferrara in Italy.

This was the core message of his lecture on the topic Globalisation, Agriculture and Industrial Development that he delivered at the University of the Free State.

He said after the collapse of the agricultural industry in Italy as a result of the subsidies that the farmers were receiving from the government, the university had to step in.

“This was meant to maintain high prices and maximize the production but in the long run this approach created problems because the farmers were no longer producing high quality products but large quantities in order to receive subsidies,” he said.

“The result was that the government itself had to destroy those poor quality products. This was a completely unreasonable way to manage the economy”.

He said they had to abandon that approach and concentrate on quality because they realized that Italy could not match the prices and the quantity, in terms of production, of countries like China and the USA.

He said “knowledge and human resources” were the key factors that could get them out of that crisis; hence they came up with what he called “the Made in Italy approach”.

“We were working on the idea that food is part of culture and that it is not just simply for refueling the body,” he said.

“One of the fundamental ideas was to come back to the idea that production is the centre of the development process.”

“Quality is a very complex, collective issue,” he said. “You cannot understand development if you do not understand that you have to base it on strong roots”.

This approach resulted in the formation of several companies with specialized niche markets producing high quality products.

His visit to the UFS coincided with that of the 1991 Nobel Laureate in Chemistry, Prof. Richard Ernst from Switzerland, who was also part of the fourth presentation of the Cheese fondue concept.

The main thrust of this concept is that technical advances alone are insufficient for an agreement to be reached on the minimum respect between the various groups and individuals within a society. It proposes that for this to be achieved there has to be a concurrent development of empathy and emotional synergy.

Media Release
Issued by: Mangaliso Radebe
Assistant Director: Media Liaison
Tel: 051 401 2828
Cell: 078 460 3320
E-mail: radebemt@ufs.ac.za  
27 January 2010

 

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