Latest News Archive

Please select Category, Year, and then Month to display items
Previous Archive
01 August 2023 | Story Kekeletso Takang | Photo Supplied
Business Acumen 2023
Students engaged experts on the accountancy profession at the recent Business Acumen Day hosted by the UFS School of Accountancy.

The University of the Free State (UFS) School of Accountancy held its second Business Acumen Day on Wednesday 19 July 2023 in the Callie Human Centre on its Bloemfontein Campus.

The morning saw approximately 650 students fill the centre, eager to listen to the accountancy experts who attended.   

“Central to the success of an accountant are values that guide one’s professional behaviour. Values of patience, respect for oneself and others, ethical behaviour, and having the right mindset,” Conrad de Wee, Chairman of the South African Institute of Chartered Accountants (SAICA) Central Region Council and Senior Manager at auditing firm Mazars, told the attendees. De Wee also shared the story of Dion Shango and his journey towards becoming the first black executive to be appointed CEO of PwC Southern Africa, at age 39.

Patricia Stock, audit partner and CEO of auditing firm MGI RAS and former SAICA board member, said she lives by the motto “Grow as I grow” and believes that, “The place you come from does not make you; it’s the choices you make that make you.” Stock described attending the event as a “privilege” and encouraged students by sharing her own journey. “You have given us an ear. You have given us the power to speak over your lives. We are here to plant a seed, sharing nuggets of wisdom… Do away with limiting beliefs and rather embrace diversity. The workplace needs diverse professionals who bring diverse ideas.”

Professor Bernard Agulhas, former CEO of the Independent Regulatory Board for Auditors and currently Adjunct Professor of Auditing at the UFS, said that auditors are in the right place to shine a light on irregularities, and if they don’t, one questions if they are complicit. He also discussed the required behavioural competencies of accountancy professionals and auditors. “We should go back to the basics. I would like to tell you about those basics. Focus on the principles that guide auditors when you go into the profession… Accounting professionals should be professional, independent, accountable, courageous, serve the public, and maintain trust.” 

Prof Agulhas urged students to uphold these principles at every step of their career journey. 

Rob Rose, Financial Mail Editor and author of Steinheist, alluded to the financial scandals of the past decade. Rose, who has written about governance and the grey area that exists between what companies say and what they do, contributed to exposing, among others, the Steinhoff scandal. “With Steinhoff, the red flags were there. There were tons of red flags all along. Why did the board of directors, partners, and investors miss them?” When asked by a student if there was a link between the past decade and the former governance of South Africa, Rose responded, “Yes, there definitely is a link. During that governance, there was a culture of permissibility. Plenty of grey area. There was an ethical slippery slope that didn’t hold individuals accountable.”

Prof Frans Prinsloo, Director of the UFS School of Accountancy, noted that the Business Acumen Day had addressed important professional values, attitudes, and skills that aspiring accountancy professionals need to be effective in the workplace. He also encouraged students to learn from the mistakes of the past, not to repeat them once they enter the profession, and thanked sponsor Standard Bank for investing in future leaders and helping to ensure the event’s success.  

News Archive

UFS Psychologist honoured for lifelong contribution
2015-12-09

Prof Dap Louw, distinguished professor and forensic psychologist from the University of the Free State, receives a Lifelong Achievers Award from the University of Johannesburg. From left is: Prof Theo Veldsman, head of the Department of Industrial Psychology and People Management at UJ, prof Louw, prof Deon de Bruin, Department of Industrial Psychology and People Management at UJ, and prof Daneel van Lill, dean at Faculty of Management at UJ.
Photo: Jan Potgieter, UJ

 

It is always good to be honoured by your own university, but it is even more special to be honoured by another university, according to Prof Dap Louw, distinguished professor and forensic psychologist from the University of the Free State (UFS), on an award he received from the University of Johannesburg (UJ).

On 5 November 2015, Prof Louw received the prestigious Lifelong Achievers Award from the Department of Industrial Psychology and People Management at UJ in recognition of the major contribution he has made during his career in psychology. He was one of two recipients of the award during this year’s UJ Top Achievers Awards Ceremony.

Prof Louw had great appreciation for his students and colleagues at the UFS, without who he would have been “without arms”.

Worthy legacy

The Lifelong Achievers Award is presented to retired academics that have, over their careers, consistently made significant contributions to their field, nationally and/or internationally, and have left behind a worthy legacy.

According to the description for the award, the recipient has left behind a legacy in his or her specific field which is gratefully acknowledged by all past, present and upcoming professional colleagues, students, clients and other stakeholders.

This description concludes with: “We are a better science and profession because of you”.

Career full of highlights

Prof Louw is the author or co-author of over 100 articles in accredited national and international journals, and he is an accredited NRF researcher.

He is the principal author and editor of several textbooks currently prescribed by 12 universities in South and Southern Africa. It is estimated that, over the years, more than 100 000 students have received their training via textbooks he has written with his wife, Prof Anet Louw.

Prof Louw holds a master’s and doctoral degree in Criminology, and a master’s and doctoral degree in Psychology. He is the only person in South Africa with these qualifications.
During his career as forensic psychologist, Prof Louw has testified in many familiar criminal cases in South Africa and Namibia.

The Academy of Science of South Africa presented him with the Stals Award for Psychology and he was honoured by The National Honor Society in Psychology in the USA as well.

We use cookies to make interactions with our websites and services easy and meaningful. To better understand how they are used, read more about the UFS cookie policy. By continuing to use this site you are giving us your consent to do this.

Accept