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06 April 2020 | Story Nitha Ramnath | Photo Sonia Small
Students on Campus
UFS accounting students are flying the Kovsie flag high.

The School of Accountancy is proud to announce that 55 (74%) of the 2019 graduates for the BAcc Honours and Postgraduate Diploma in Chartered Accountancy programmes have passed the Initial Test of Competence (ITC) examination for the Chartered Accountant (SA) designation, compared to the national average of 68% for first-time candidates.

The results were recently released by the South African Institute of Chartered Accountants (SAICA). The ITC examination is the first of two professional examinations required for qualification as a chartered accountant (SA), and is written shortly after completing formal university studies, with two sittings of this examination annually, i.e. in January and June.

Of the 2019 Thuthuka Bursary Programme, seven out of eight graduates passed, translating into an 88% pass rate for this group.

Prof Frans Prinsloo, Director of the School of Accountancy, said: “I am pleased to report that these results confirm the quality and excellence of our CA programmes – a point repeatedly noted by the SAICA monitoring team during their formal feedback session last week.  These results are also testament to the hard work and dedication of the academic staff in the school.”

News Archive

UFS Council wishes outgoing rector well
2008-09-05

Statement by Judge Faan Hancke, Chairperson of the UFS Council

The Council of the University of the Free State (UFS) hereby expresses its heartfelt thanks and appreciation to Prof. Frederick Fourie for his contribution to building and developing the UFS. His association with the UFS stretches over a period of 40 years – first as a student, later as a lecturer, dean, vice-rector and finally as rector and vice-chancellor.

When the University was operating at a loss during 2000 and it was in a financial crisis, he came up with a financial turn-around strategy which took the UFS out of this crisis to a position where it can annually spend considerable amounts on strategic projects. This led to large amounts being invested in the academia and especially research. As a result, the UFS’s research capacity and research equipment has been expanded. Since 2003 research outputs increased with about 50%, which is a great achievement for the UFS’s researchers and its faculties.

Progress was also made with diversity, the UFS’s balanced multilingualism policy in the academia as well as administration, employment equity, the transformation plan and the institutional charter. Under his leadership there was an upgrading and extension of the infrastructure, academic buildings and facilities as well as support services and student facilities.

Prof. Fourie has an excellent intellect and exceptional abilities which can still make a huge contribution to the improvement of the South African society. As a result of personal consideration and after 4 decades’ association with the UFS including 5 years in a leading position, Prof. Fourie decided to step down. The Council respects this decision and wishes him success and best wishes.

The process of appointing a new rector and vice-chancellor will follow the normal recruitment procedure of the UFS. In terms of this procedure a representative committee of Council, which includes all stakeholders of the UFS, will consider applications that are received.

Applications will be invited through an open and targeted process of recruitment advertising, locally, nationally and internationally to broaden the pool of applicants.

Within this process Council has expressed the view that applications from the designated groups in terms of Employment Equity must be encouraged.

It is also Council’s wish that this process be completed as soon as is possible, within the approved procedure.

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  
12 September 2008
 

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