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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

SRC President receives Abe Bailey Bursary
2012-08-02

 Richard Chemaly

 He is the president of the Student Representative Council, holds leadership positions of various organisations and is a member of Mensa, an organisation for people with a high IQ. With a list of achievements that keeps on growing, Richard Chemaly seems destined for great things.

This Kovsie student has been named one of 17 students countrywide who received the sought after Abe Bailey Travel Bursary for 2012. He was chosen from hundreds of UFS applicants and will depart for Britain in November, to visit several universities in England and Scotland. He will travel with the other bursary holders.

Richard, a postgraduate LL.B. student, says it is a great honour to follow in the footsteps of previous Abe Bailey bursary holders such as Philip Tobias, Max Price, Tony Frost and Eusebius McKaiser. “It certainly is a stepping stone and one I intend to make the most of.”

He hopes that the experience will broaden his knowledge. “I'll be grateful for whatever I learn as learning is what makes up my human experience.”

Richard says he has not planned much yet for his visit to Britain. “I do, however, intend to go to a quaint book shop in London called Collinge & Clark, which is on my bucket list. It's the store where Dylan Moran - a big influence in my life - filmed his series, Black Books.”

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