The Donald Gordon Chair in Applied Accounting

The Donald Gordon Foundation funded the creation of a Chair in the Department of Applied Accountancy at the University of South Africa (Unisa). The incumbent of the Chair is Professor Karin Barac.

The establishment of the Donald Gordon Chair in the Department of Applied Accountancy has enabled the Department to enhance its academic capacity and expand its commitment to students, particularly those in previously disadvantaged communities. In particular, this sponsorship capacitated the Department to present supplementary instruction to students who have failed the qualifying examination of the Public Accountants’ and Auditors’ Board and consequently assists the Chartered Accountants’ Profession in its endeavour to have 2500 Black qualified chartered accountants in South Africa by 2005.

Professor Barac and her colleagues are also developing a framework for Auditing and Computer Auditing - a unique tool in teaching this discipline. The approach that is followed equips students to apply conceptual knowledge in problem solving. It provides students with an in-depth understanding of the underlying auditing concepts, how to apply technical knowledge in a practical manner, how to exercise lateral thinking techniques and effective communication skills, how to distinguish between relevant and irrelevant information and to reach a motivated conclusion on complex auditing issues. In the process the importance of ethical performance is also emphasised.

Our sponsorship also supports a broad range of educational activities offered by the Department of Applied Accountancy in the pursuit of the Chartered Accountants qualification. The Department lectures to students in neighbouring countries on a continual basis and the Association of African Universities (AAU) in Ghana has assigned it the task of forming a network for Regional Co-operation in Graduate Training with the Universities of Swaziland, Namibia and The Institute of Chartered Accountants in Zimbabwe.