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05 July 2023 | Story Valentino Ndaba | Photo Photo: Supplied
Dr Prince Sarpong
Dr Prince Sarpong is a Senior Lecturer in the University of the Free State School of Financial Planning Law.

Dr Prince Sarpong, Senior Lecturer in the University of the Free State School of Financial Planning Law (SFPL), was recently honoured with the prestigious Association of Chartered Certified Accountants (ACCA) prize for Financial Management. The ACCA is a globally recognised professional body for accountants.

Reflecting on his journey, Dr Sarpong acknowledges the challenges he faced to become one of the top ACCA students in financial management. “I reregistered with ACCA in December last year after a long hiatus of 14 years. From my past experience, I was aware that it would not be a walk in the park, so I had to work hard; but in everything I focus on the accumulation of knowledge that comes with preparation, which I consider an end in itself! This made the journey enjoyable rather than difficult,” he shared.

A journey of academic excellence

In the course of his illustrious career, Dr Sarpong has earned numerous accolades. He holds a PhD, an MCom in Finance, a Postgraduate Diploma in Financial Planning, and a Bachelor of Education (Psychology). In 2020, he authored a book, titled Portfolio Management for Financial Advisors, and he is currently working as the editor of an upcoming book, titled Theories and Practices in Financial Therapy. Dr Sarpong's research primarily revolves around financial market behaviour, and he has published several papers in esteemed international peer-reviewed journals.

Words of wisdom for fellow academics

In light of his achievements, Dr Sarpong offers valuable advice to ACCA students facing difficulties with their papers. “If you are an ACCA student struggling with your papers, I would suggest that you develop a study plan and create a schedule that allows you to study consistently and in a structured manner. It is also important to break down the material into manageable sections and set deadlines for yourself to complete each section,” he advises.

As a committed academic, Dr Sarpong recognises the immense value of holding an ACCA qualification. He believes that it enhances his credibility and demonstrates to both his students and colleagues his profound understanding of accounting and finance concepts and principles. Furthermore, he emphasises that obtaining an ACCA qualification opens doors to new opportunities in teaching, research, and collaborative endeavours.

News Archive

UFS Rector takes three months sabbatical leave
2008-05-05

The Rector of the University of the Free State (UFS), Prof. Frederick Fourie, has announced that he will be taking three months sabbatical leave as from Thursday, 8 May 2008.

Prof. Fourie recently made the request for sabbatical leave to the Chairperson of the UFS Council, Judge Faan Hancke. The request was approved given the fact that Prof. Fourie has occupied a number of demanding top-management posts for almost nine years, during which time he had to manage a number of major changes at the UFS.

According to Prof. Fourie, he originally wanted to go on sabbatical leave in the second half of 2007 before the start of his second term as rector, but it was not possible at that stage.

He was last on sabbatical in 1996 before he became Dean of the Faculty of Economic and Management Sciences in 1997 and Vice-Rector: Academic Operations in 1999.

He could not take his next five-yearly leave because in the post of vice-rector he was tasked with leading the financial-turnaround strategy for the UFS from the year 2000 and had to act as rector when the previous rector, Prof. Stef Coetzee, was on sick leave. Since being inaugurated as rector in 2003, there was also no opportunity to take leave as a result of the many key projects and urgent initiatives.

The Vice-Rector: Academic Operations and vice-chairperson of the Senate, Prof. Teuns Verschoor, will be the acting rector. Management processes and decision-making will continue as normal under the leadership of the acting rector together with the Executive Committee of the Executive Management (Exco) and the Executive Management. This applies to the decision about the future of the Reitz Residence as well as the continuing implementation of the policy on diversity in student residences.

According to Judge Hancke it was important that Prof. Fourie took sabbatical leave in the light of the long period he has been at the forefront of very demanding changes. There are many challenges that still lie ahead.

During his leave Prof. Fourie will be involved with the Higher Education South Africa (HESA) investigation into diversity and racism on campuses, with research and a national conference on institutional culture, as well as the Association of Commonwealth Universities (ACU) benchmarking project and its conference in Australia at the end of August 2008.

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