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15 November 2021 | Story Elna Van Pletzen

The Council of the University of the Free State (UFS) is seeking to co-opt a suitable candidate to serve for a period of four (4) years on the Finance Committee of Council. To this end, nominations for suitably qualified and experienced candidates are invited.

The Finance Committee of Council exercises oversight over the financial and investment portfolio of the UFS.

Candidates must be suitably qualified with requisite knowledge and experience of financial matters (including investments and acquisitions that are material to the UFS’s business). An appropriate qualification in the financial field is required, as is registration with the relevant professional bodies. 

Nominations must be submitted on the prescribed Nomination form, together with detailed curricula vitae, to the Registrar of the UFS at registrar@ufs.ac.za before 16:30 on 12 January 2022.

The Nominations Committee of Council will consider all the nominations and make a recommendation to the Council, which will decide whether to co-opt any of the candidates. 

The Finance Committee meets at least four times per year, or more frequently as may be necessary. 

The Council may decide not to co-opt any of the candidates.  

For enquiries, you may contact Mr NN Ntsababa at registrar@ufs.ac.za or telephone number +27 51 401 3796.

News Archive

BAccHons students achieve A+ rating in ITC exams
2017-09-07

Description: Accounting staff Tags: accounting, examinations, Thuthuka bursary, South African Institute of Chartered Accountants, Initial Test of Competence 

The lecturers of the 2016 BAccHons class: Liesel Botha,
Prof Alta Koekemoer, Prof Cobus Rossouw, Mr Kobus Swanepoel,
Dr Cornelie Crous, Prof Hentie van Wyk, and Mr Shaun Watson.
Photo: Supplied

 


The 2016 BAccHons students in the School of Accountancy at the University of the Free State achieved a 96% pass rate in the 2017 Initial Test of Competence (ITC) examinations of the South African Institute of Chartered Accountants (SAICA). The ITC examinations took place in January and June, and of the 49 students that partook in the examinations, 47 passed.

Prof Hentie van Wyk, Programme Director of the School of Accountancy, said with these results, the School of Accountancy ranks among the top accountancy institutions in South Africa. “The UFS is one of 14 accredited universities offering the SAICA-accredited programme,” he said.

New teaching model a success

A new teaching and learning module, which was introduced by the School of Accountancy in 2013, seemed to have fuelled the success of the students, as it is now more learner-centred and introduced more structured support to students.  

The same strategies will be followed for the current 2017 intake. “We achieved an average pass rate of 84.8% over the past five years and if we can build on that, it will be an achievement of note,” says Prof Van Wyk. However, students should understand that much of these achievements are in their own hands.  “After leaving the UFS, they must continue with the preparations for the ITC examinations in order to guarantee their success. The ball is actually in the students’ court,” he said.

Of the African students, 91% were successful in the national examinations, while 100% of the Thuthuka bursary students passed. The average pass rate for the past five years is as follows:

2016     96%
2015     72%
2014     80%
2013     84%
2012     92%.

 

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