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UFS Accounting students win Project Alpha competition

21 June 2019 | Story Valentino Ndaba | Photo Ernst & Young

UFS Accounting Students win EY Project Alpha — At the Ernst & Young Project Alpha 2019 Awards, some of the members of the winning team, from left: Kyle du Bruyn, Luke Rhode, Janri du Toit, Nicolaas van Zyl, Mojalefa Mosala (Business Ethics Lecturer), Bianca Malan, Lorandi Koegelenberg and Frans Benecke.

A few years ago the news was saturated with Volkswagen’s (VW) fuel emission scandal. “Dieselgate”. Investigations in the US found the German automaker guilty of programming computers in their diesel cars to alter its engine operations to seemingly meet legal emission standards.

A question of ethics

A notice of violation of the Clean Air Act issued by the US Environmental Protection Agency had dire consequences for the automobile company, but positive implications for the economy and the environment. As part of a lawsuit settlement, vehicles were recalled, fines were paid, and approximately 21 million affected vehicles with VW diesel engines were refitted by September 2015.

Project Alpha tackles ethical issues

A group of eight students from the University of the Free State (UFS) presented their case study of “Dieselgate” to a panel of judges in this year’s Ernst & Young Project Alpha competition. They emerged as the ultimate winners.

The “Hoaxwagen” group’s 10-minute video demonstrated “a critical assessment of a multidimensional matter” captivating the judges. “I was impressed, because their presentation addressed other skills such as the ability to present, communicate, come out of their comfort zone and be innovative, while at the same time addressing an ethical issue,” said Mojalefa Mosala, a judge and Business Ethics lecturer at the UFS.

Centred on critical thinking

The UFS is the first university outside of Johannesburg that participated in the Project Alpha contest. Ernst & Young and the UFS have forged a strong relationship over the past few years, giving students a glimpse into the corporate world of accounting.

“Project Alpha encourages critical thinking and not taking things at face value, by looking a bit deeper, spending time to understand the pros and cons of any situation in order to make an informed decision,” said Frans Benecke, member. of the winning team that prevailed over 82 others. Benecke’s team walked away with R2000 shopping vouchers and a life-long learning experience.

Engaging in global conversations

Participation in the competition gave students the opportunity to be exposed to contemporary global thinking, which is strongly advocated in the UFS’s Integrated Transformation Plan.

UFS Accounting students win 2019 Ernst & Young Project Alpha competition from University of the Free State on Vimeo.

News Archive

Prof Frederick Fourie to step down: Statement by the Acting Rector, Prof Teuns Verschoor

2008-09-08

Following the announcement by Prof Frederick Fourie that he is stepping down as vice-chancellor of the University of the Free State (UFS), one cannot help but reflect on the momentous contribution he has made to the development of the UFS.

At the time of his appointment as vice-rector in 1999, the UFS was in a financial crisis. There had been three rounds of staff reductions, there were no funds for equipment or the maintenance of buildings and there was a general mood of despair amongst staff.

With his unique style and talents, and against all odds, as acting rector and as rector from 2003, Prof Fourie succeeded in bringing about a financial turnaround that once again brought hope to the staff of the UFS.

Research improved dramatically, inter alia due to the refurbishment of laboratories and the acquisition of world-class research equipment. General campus infrastructure was significantly upgraded and aesthetically improved, making the physical appearance and quality of the campus and example to other universities.

The university structure was critically analysed in all its dimensions and quality assurance projects were launched to improve the overall package of higher education offerings at the UFS.

Another initiative led to the compilation of a transformation plan that was adopted by the management and the UFS Council and that lays the basis for the years ahead.

Through these and countless other initiatives, Prof Fourie has contributed significantly to the establishment of the UFS as a nationally and internationally recognised higher education institution.

Prof Fourie has laid the foundations for the next period of academic growth and development, the value of which will only be appreciated in its full significance in historical perspective.

The UFS is saddened that the high intensity of change management processes has taken its toll on the rector, but is deeply thankful for the legacy that he leaves.

We wish Prof Fourie many productive years ahead and have faith that his remarkable intellect and capabilities will enable him to make many more contributions to the betterment of South African society.

Media Release
Issued by: Lacea Loader
Assistant Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl.stg@ufs.ac.za
8 September 2008

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