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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

Future of Reitz Residence still to be decided

2008-04-22

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

Reports in some media today (Monday, 21 April 2008) may have created the impression that the University of the Free State (UFS) has made a decision not to close the Reitz Residence where four former students produced a racist video.

This is incorrect. No such or any other decision on the future of Reitz Residence has been taken. The UFS Council mandated management last month to consider the possibility of closure of the residence and of its conversion into a beacon of transformation, hope and liberation (either as a residence or in some other form). Persons who will be affected directly by such a decision (and others) were given the opportunity to make written submissions for consideration by management.

The "Nasionale Unie van oud-Reitzmanne" is a grouping of former students and one of many groups that utilise this opportunity. They held a meeting in Bloemfontein this past weekend where the call was made for Reitz to remain open as a residence. This call was reported as if it was a decision of the UFS.

Their submission will be considered along with the various written submissions that have been made and they are being carefully studied. When this process is over, the University will make an announcement on the future of the residence.

Media Release
Issued by: Lacea Loader
Assistant Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl.stg@ufs.ac.za
21 April 2008

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