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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

UFS orders forensic investigation at computer services division

2005-11-11

(Statement by Prof Frederick Fourie, Rector and Vice-Chancellor of the UFS)

Two Deputy Directors from the University of the Free State’s (UFS) Computer Services Division have been put on compulsory leave pending a further investigation. This was announced today by the UFS senior management.

This action is related to an earlier internal investigation ordered by the UFS senior management after possible irregularities at the division were brought under their attention.

The findings of this internal investigation were handed to the Commercial Branch of the South African Police Services (SAPS) and a group of forensic auditors for further investigation.

The SAPS confiscated equipment and documentation from the offices of the Computer Services Division.

Equipment and documentation were also confiscated from two companies in Bloemfontein which are related to the case.

This process arouse out of the commitment of the UFS to good and transparent corporate management. Any irregularities are thoroughly investigated. Strict action will be taken against any staff or students who are found guilty of wrongful behaviour.

Media release
Issued by:Lacea Loader
Media Representative
Tel: (051) 401-2584
Cell: 083 645 2454
E-mail: loaderl.stg@mail.uovs.ac.za
11 November 2005

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