The dream becomes a reality

‘AMONG the most pressing challenges facing South Africa today is the shortage of professional accountants and in particular, Chartered Accountants. There are roughly 26,389 CAs (SA) in South Africa, of which only 3,262 are black- African, Coloured and Indian. The reason frequently cited to explain the delays and inaccuracies in financial government reports is a shortage of qualified accountants.

This accounting skills shortage, in the views of many labour experts poses a challenge as well as an opportunity for growth, as such WSU’s faculty of Business, Management Sciences and Law, with its school of Accounting has taken up the challenge to respond positively to the Provincial and National need for more accountants especially black CAs (SA).’

The above statement was made by Professor Lourens Van Staden, WSU Administrator as he addressed the first of their kind, a 100 pioneering group of young aspirant Chartered Accountants at their inauguration at the Health Resource Centre in Mthatha on January 23rd.