CHAPTER 2 RESOURCES Introduction The objective of this chapter is to demonstrate whether UL and SoA financial resources are adequate to ensure the continued existence of the BAccSc (BCompt) programme, whilst maintaining good quality education standards. Furthermore, the objective of this chapter is to indicate whether the physical and the technological resources are not only appropriate for learner numbers, but are also aligned to the programme goals and objectives and that these resources are properly managed and maintained. With proactive and visionary leadership towards professionalism and research, the new School of Accountancy (SoA), at the University of Limpopo, has within the past two years embarked on a process of rejuvenation and presently boasts sufficient financial and fair physical and technological resources to support academic, professional education and research work in Accountancy.
2.1 Financial Resources It is important to re-state that the University of Limpopo (UL) is a public higher education institution regulated by the Higher Education Act, 1997 (Act No. 101 of 1997) and the Institutional Statute as amended. UL is one of 23 state Universities and therefore receives over 60% of its operational and capital funds from the national department of Higher Education and Training (DHET). Table 2.1 below depicts the head count student enrolment, weighted teaching output, and other funding related factors of UL compared to the national sector for 2010.
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