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School of Accountancy students make us proud

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

Kovsie-Alumni Trust provides financial support to gifted young persons

2009-07-08

Kovsie-Alumni Trust of the University of the Free State (UFS) provides financial support to gifted young persons. This year, the Trust has already granted R24 000 to students with disabilities and R28 500 to ad hoc applications for financial support. Amongst others, financial support of R224 888 was given to students from the Alumni Donation Funds. The contributions of generous donators to the Trust Fund are used to award academic, cultural and sport bursaries to deserving prospective as well as current Kovsie students. Here are, from the left: PK Nkate, a blind honours student in Business Management, who received R6 000 from the Trust, Ralph de Kramer, who received R3 500 for his ad hoc application; back: Adv Seef Hefer, Chairperson of the Trust, Ms Francis Hoexter, member of the Trust, Leendert Kramer, who received R60000 for his ad hoc application and Mr Ryno Opperman, member of the Trust. Other bursaries were awarded to Eleanor Bernard and Nandi Venter, Master’s students from the Department of Afrikaans and Dutch, French and German, who each received half of the NNP bursaries with the total value of R20 000 and Magteld Smith, a blind Ph.D. student in BA to whom the Sapcor Bursary was awarded. Carien Gordon, Geoff Bezuidenhout and Ilana van der Merwe received R6 000, R3 500 and R3 500 respectively, according to their ad hoc applications.
Photo: Dries Myburgh

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