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24 August 2021
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Story Amanda Tongha
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In a year marked by a global pandemic, the University of the Free State (UFS) has made great strides in research, teaching, and impactful engagement.
Our 2020 journey has seen many staff members providing services to advance public knowledge of COVID-19 for the greater good of South Africa. We have produced top-rated scientists, boasting six SARChI research chairs and three A-rated scholars in our world-class workforce. Our various initiatives to ensure student success continue to bear fruit, with current and former students making their mark in the world. One such example is Qinisani Qwabe, a PhD student in the Centre for Sustainable Agriculture, Rural Development and Extension, who was selected in the education category of the Mail & Guardian Top 200 Young South Africans. He was also chosen to represent South Africa at a BRICS conference in Russia.
You can read these and other facts and figures in ‘Our 2020 Journey’ publication.
Click on image to download the document
Kovsies do well in SAICA QE1 exam
2010-06-10
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Students from the University of the Free State (UFS) performed well in Part I of the Qualifying Examination (QE I) of the South African Institute of Chartered Accountants (SAICA).
Of the 43 Kovsie students who wrote this examination for the first time, 34 (79%) passed. The average passing rate for residential universities is 73%.
This exam sets the standard for Chartered Accountants (CA) and is written after the completion of the B Acc (Hons). The QE1 aims to assess the core technical competencies of prospective CAs.
The examination consisted of four sections, namely Auditing, Financial Accounting, Management Accounting and Taxation. The Kovsie students had the best results in the country in the Taxation section. This is an enormous accomplishment, as the average percentage of the 14 accredited universities writing the examinations for Taxation was 51.6%. The Kovsie students passed with an average of 65.38%.
Prof. Hentie van Wyk, Programme Director at the Centre for Accounting at the UFS, says he is satisfied with the results and the standard of the Kovsie students who wrote the exam. Five students who passed the QE1 exam are currently academic clerks at the Centre for Accounting. The five clerks will start their second year of practical traineeship at different companies/firms in 2011.
In order to qualify as a CA and become a full member of SAICA, the students will also have to complete a specialist diploma, pass the final examination and complete the remaining period of their practical training. Once all three these requirements have been completed, the students will qualify as CAs in South Africa.
Media release
Issued by: Lacea Loader
Director: Strategic Communication (acting)
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl@ufs.ac.za
9 June 2010
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