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24 May 2019 | Story Eloise Calitz | Photo Charl Devenish
Gangster book Discussion
From left: Jacques van Wyk from the Association of Certified Fraud Examiners (ACFE) Cathy Dlodlo, news editor from OFM; Pieter Roux from the UFS Business School; Alta Vermeulen from the UFS Department of Political Studies and Governance and Pieter-Louis Myburgh, author

A packed Odeion Auditorium at the University of the Free State was welcomed by Professor Helena van Zyl, Head of the UFS Business School. The reason being, a panel discussion with award-winning investigative reporter and author, Pieter-Louis Myburgh, on his much-publicised book Gangster State: Unravelling Ace Magashule's Web of Capture. The programme took the form of a panel discussion. The panellists included Pieter-Louis Myburgh, author; Jacques van Wyk from the Association of Certified Fraud Examiners (ACFE); Cathy Dlodlo, news editor from OFM; Alta Vermeulen from the UFS Department of Political Studies and Governance; and Pieter Roux from the UFS Business School.

In his introduction, Myburgh said he was happy that he was able to come to Bloemfontein and have the discussion, since South Africans should cherish freedom of speech and a free press.

The research for the book took 13 months to conclude, and during this time he spent a lot of time in the Free State and Bloemfontein. He mentioned that the book gave him the opportunity to present a condensed account of what he discovered; he could therefore share more, as opposed to just reporting on a story in the newspaper. For him, investigative reporting should always be fact based and open to scrutiny.

Some of the topics raised by the panel was concern about the perception that investigative journalists are focusing more on corruption in the public sector and less on the private sector. This was, however, discarded as a myth, as Myburgh pointed out that he exposed both private and public sector dealings in order to provide the full scope of involved parties.

Focusing on whistle blowers, the panel challenged the verification of whistle-blower information. Myburgh responded that journalists never use only one whistle-blower’s evidence, since that is merely the start of the investigation. Further investigation was necessary, and facts had to be verified. With that said, there is still a lot to be done with regard to the protection of whistle-blowers, he concluded.

The floor was opened to the audience, which provided the opportunity to ask questions and raise concerns about what was mentioned during the panel discussion. The audience eagerly participated in the discussion. In conclusion, Myburgh reiterated that society plays a vital role in keeping those in power to the promises they make.

After the discussion, the audience had the opportunity to have their books signed by the author.

News Archive

Number of PhD graduates a record for School of Accountancy
2017-06-27

Description: School of Accountancy PhDs Tags: School of Accountancy PhDs

From left to right: Dr Stiaan Lamprecht,
Dr Cornelie Crous, Prof Hentie van Wyk
(Programme Director: School of Accountancy),
Prof Francis Pietersen (Rector and Vice-Chancellor),
Prof Dave Lubbe (Research Fellow: School of Accountancy),
Dr Léandi Steenkamp and Dr Louis Smidt.
Photo: Charl Devenish

This year’s mid-year graduation ceremony for master’s and doctoral degrees saw the School of Accountancy honouring four alumni with PhDs in Accounting on 26 June 2017 at the Callie Human – a record for the School of Accountancy.

Professor Hentie van Wyk, Programme Director of the School of Accountancy and promoter of one of the doctoral degrees, says, “Over the past three to four decades before 2017, no more than five doctoral degrees were awarded by the School of Accountancy.”

Dr Cornelie Crous, Dr Léandi Steenkamp, and Dr Louis Smidt received their doctoral degrees with specialisation in Auditing, and Dr Stiaan Lamprecht with specialisation in Accounting.

PhD candidates’ thesis and personal profiles
Dr Crous, who was born in Bloemfontein on 30 June 1979, is currently working in the School of Accountancy as a Senior Lecturer in Auditing. Her thesis, which is titled ‘Corporate Governance in South African Higher Education Institutions’, influences the application of corporate governance principles in higher-education institutions. It provides a thorough breakdown of the application and disclosure of the application of corporate governance principles in terms of both South African and international best practices in publicly-funded universities in the country.

Dr Lamprecht’s thesis, ‘A Financial Reporting Framework for South African Listed Companies under Business Rescue’, contributes innovative knowledge and insights to the existing body of knowledge on financial reporting.  According to his study, with reference to a listed company under business rescue, there is a need for an underlying financial reporting assumption that varies from the recognised going concern and liquidation assumptions. Users of the financial statements of such a company also require an accounting measurement model based on current values, as opposed to the mixed-measurements accounting model employed at present.

Dr Smidt completed both his master’s and PhD degrees at the UFS. This father of two sons is currently a lecturer at the Tshwane University of Technology. His thesis, ‘A Maturity Level Assessment on the use of Generalised Audit Software by Internal Audit Functions in the South African Banking Industry’, has already started to contribute to the internal audit profession in South Africa and globally.  Due to its existing extension to internal audit functions in various industries in Canada, Columbia, Portugal, and Australia, the value has been enhanced, as it now provides an internationally correlated set of results.

Dr Steenkamp, who completed her Magister in Auditing with a distinction at the UFS in 2013, is a qualified Chartered Accountant (CA (SA)), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), Professional Accountant (SA), and member of all the professional bodies. Her thesis, ‘The Sectional Title Industry in South Africa: Enhancing Accounting and Auditing Practices’, makes a significant impact on the sectional title industry and the accounting profession in South Africa. The literature review gave an in-depth overview of risks associated with sectional title for various stakeholders (i.e. owners, trustees, managing agents, auditors and accountants, and EAAB-appointed inspectors).

“Indeed a special day for the School of Accountancy!” says an ecstatic Prof Van Wyk. Professor Dave Lubbe, Research Fellow in the School of Accountancy, was the promoter for three of the four doctoral degrees.

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