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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

Name change another step in transformation of the UFS

2006-06-22

One of the residences on the main campus of the University of the Free State (UFS) in Bloemfontein will henceforth be known as Armentum.

“The new name, Armentum, for the student residence formerly known as Hendrik Verwoerd was approved by the UFS Council at its recent meeting,” said Prof Frederick Fourie, Rector and Vice-Chancellor of the UFS.

The name change comes after a thorough and inclusive consultation process with students of the residence and other groups, leading to their agreement to the name change, and a process to propose new names.

Armentum was the first choice of the residents. It is the Latin for a herd or a group of large animals such as elephants (which is the mascot of the residence).

“The name is acceptable and suitable within our policy on name-giving. Latin names, like that of English, Afrikaans and Sesotho names are acceptable and Armentum is language neutral,” said Prof Fourie.

He said the name change from Verwoerd to Armentum was part of the transformation effort at the UFS to make the campus a more inclusive and tolerant place where all South Africans can feel at home.

Media release
Issued by: Lacea Loader
Media Representative
Tel: (051) 401-2584
Cell: 083 645 2454
E-mail: loaderl.stg@mail.uovs.ac.za
22 June 2006

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