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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.”

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UFS presents Trust and Estate Planning Seminar
2010-10-04

At the seminar were, from the left: Mr James Faber, Centre for Planning Law; Mr Marius Botha, independent trainer in Financial Planning; Willie van der Westhuizen, Trust and Estate specialist, Millers Attorneys; Mr Louis van Vuren from B.O.E.; Ms Shirly Hyland, Centre for Financial Planning Law; Mr Kenneth Mould, Centre for Estate Planning Law; and Dr Bradley Smith, Department of Private Law.
 
The Centre for Estate Planning Law, in collaboration with the Centre for Financial Planning Law at the University of the Free State (UFS), recently presented their second Trust and Estate Planning Seminar.

This seminar was presented with the aim to convey new developments in the area of the law of succession, trust law and estate law in a practical manner to the public, as well as do research about relevant aspects of these disciplines. Prof. Willie van der Westhuizen, Trust and Estate specialist from Millers Attorneys was a speaker at the event and he discussed the topic, “Are trusts still useful and can it work for the advisor?”

Mr Marius Botha, independent trainer in Financial Planning, did a presentation on “The effect of abolishment of estate duty on financial planning needs”. Mr Louis van Vuren from BoE, main sponsor of the seminar, ended the afternoon with the topic “A gentle reminder of the general pitfalls in estate planning, will-drafting, estate and trust administration”.

Planning for next year’s Trust and Estate Law Colloquium, as well as has Prof. Willie van der Westhuizen’s annual Trust Law Seminar, has already started.

The seminar was attended by 90 financial planners and practising attorneys.

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