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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.”

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Grant of almost R3 million from the NRF for researchers

2007-02-13

The Research Directorate at the University of the Free State (UFS) received a grant of almost R3 million this year from the National Research Foundation (NRF) for the development of young researchers from the designated groups through the Thuthuka capacity building programme. The amount of grant holders increased during the past four years from five successful applications in 2003 to a phenomenal 44 this year. The Thuthuka programme is a partnership programme in which the UFS contributes two thirds of each grant holder's funding. This year, the Faculty of Economic and Management Sciences at the UFS is also taking part in the programme for the first time.

Here are, from the left: Ms Lizelle Janse van Rensburg (grant holder), Mr Antonie Pool (grant holder), Mr Arno van Niekerk (grant holder), Ms Annelize Venter (programme co-ordinator at the UFS Directorate of Research Development), Prof Phillipe Burger (chairperson of the Department of Economics at the UFS), Mr Johan Coetzee (grant holder) and Prof Lucius Botes (chairperson of the faculty's research committee).

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