Frederick Jacobus de Waal has extensive experience as a lecturer and expert witness in accounting and finance. He holds qualifications including a B.Compt Hon from University of South Africa and M.Com from University of KwaZulu-Natal. Currently he coordinates advanced programs at Polytechnic of Namibia and Helderberg College. His past roles include Associate Professor at University of KwaZulu-Natal and Professor at University of Walter Sisulu, where he headed departments. He has authored textbooks and provided litigation support, serving as an expert witness in several court cases.

1. P O Box 1224
Somerset West
7129
Phone: 27 21 8510654
E-mail: dewaalf2@gmail.com
Cell: 27 797027979
CURRICULUM VITAE
Frederick Jacobus de Waal
Personal
South African born 4 July 1949, European male in excellent health. Married to Petronella, born 15 October 1953
a master keyboard musician (M Mus, UKZN) and post-graduate educator (PGCE, UKZN) The couple has no
minor children.
Academic qualifications
§ 1974 University of South Africa: (CTA)[B.Compt Hon]
§ 1975 Passed professional examination of the SA Public Accountants’ and Auditors’ Board and qualified as a
Chartered Accountant (SA) [CA(SA]
§ 2001 University of Kwa-Zulu Natal: M.Com (Management and Finance)
Dissertation topic: A conceptual framework for Business Ethics
Research Interest: Corporate ethics and practices
Professional memberships
Member of South African Institute of Chartered Accountants and registered as a Public Accountant and Auditor.
Sample litigation support experience
Professor De Waal assisted former Judge Mostert and senior advocates as an expert financial advisor to defend
a partnership of lawyers prosecuted for irregular use of trust funds. Professor De Waal successfully proved that
funds in the firm’s trust bank account exceeded the total credit balances on individual trust creditors’ accounts of
the firm. However, the partners had invested certain investment trust balances on behalf of and with the
knowledge of investor trust creditors. The court found that the attorneys were not registered as a financial
institution and were judged to have received and applied such trust funds illegally.
Professor De Waal served as an expert witness with a senior advocate of the Cape Bar in a six year long claim
for losses against a firm of attorneys who allowed a third party claim for the death of a bread winner husband in a
motor vehicle accident in the Former Transkei to expire. Based on Professor De Waal’s evidence of the
deceased husband’s probable earnings from electronic gaming machines, before his death, the original claim for
losses was doubled by the claimant’s advocate. When the firm of defending attorneys received notice of
Professor De Waal’s appointment as an expert witness and that the claim had been doubled, they immediately
settled the claim out of court.
Professor De Waal served as an expert witness in a game farm fencing benefit dispute in Mpumalanga. The
presiding magistrate called the claimant’s and defendant’s attorneys into his office before the start of the court
case and stated that he had examined all the court documents. He also stated that, in his opinion, Professor De
Waal’s determination of the benefit received by the defending game farm owner after completely fencing in his
own game farm, from the claimant game farmer’s existing game fence was correct. He advised the attorneys to
settle the benefit dispute based on Professor De Waal’s calculations and avoid further legal costs. This advice
was accepted and the dispute was settled out of court at a quarter of the benefit claimed.

2. Lecturing Experience
Extensive training of prospective Chartered Accountant (SA) at final undergraduate and post-graduate levels in
core academic disciplines (i.e. Financial and Managerial Accounting and Finance, Auditing and Taxation) on full
time and distance learning programmes at three different tertiary institutions and in major cities in South Africa
and one in Namibia.
Also lectured International Finance to South African students on two UK based MBA-programmes.
Frequently lectured USA graduate recruits at the USA training centre of an international firm of Chartered
Accountants.
Professional & Academic experience
2012 to date
Polytechnic of Namibia, Windhoek
• Coordinator and developer of an Advanced Diploma in the Theory of Accounting and presenter of Advanced
Taxation and Advanced Managerial Accounting and Finance leading to accredited post-graduate studies and
entry to Part 1 of the Competency Assessment of the South African Institute of Chartered Accountants
(SAICA).
2005 to date
Fixed property investment and speculation in Durban and surrounding suburbs.
2011 to date
Helderberg College, Somerset West
• Member of Council
• Coordinator and presenter of Managerial Accounting and Finance on the undergraduate Accounting degree -
2014.
1988 to 2011
§ University of KwaZulu-Natal, Durban, South Africa
• Associate Professor (from 1990 to 2011)
• Academic coordinator of advanced distance learning programme
• Head Managerial Accounting and Accounting & Finance
• Coordinator of advanced distance learning programme in Managerial Accounting & Finance 2007 to 2011
• Lectured final year & post-graduate Financial and Managerial Accounting & Finance for many years.
1990 to February 2013
§ University of Walter Sesulu, Eastern Cape, South Africa
• Professor and Contract Academic in Managerial and Financial Accounting and Finance
• Head Accountancy (2002 to 2004) and Academic Head 2005 to 2008
1997 to 1999
§ Buckinghamshire College(UK) and Regent University (UK)
• Master of Business Administration Programme - Lectured on and supervised final post-graduate year
Managerial Finance, Final post-graduate International Finance and MBA research projects.
1986 to date
• Financial Consultant and External Auditor for South African operations of international companies operating in
chemical manufacturing and digital printing industries before and after recent management buy-outs.
1984 – 1987
§ Interstate Corporation and Magnum Warehousing

3. • Partner - Importing and Marketing Business in South Africa and Southern African states. Realised interests in
1988 to pursue a full-time academic career.
1976 – 1983 Arthur Andersen & Co
• Partner - Member Accounting Practices Committee, Auditor of listed and non-listed companies, Staff Trainer,
Profit Improvement Techniques, Litigation Support, Merger/Acquisition Investigations and Training
International Recruits in USA.
1969 – 1975 Coopers (Trotter & Houston and JM Flaum & Co), Vryheid
• General business, accounting and tax consulting and assistance. Declined offer of partnership in public practice to
relocate to Durban and gain more experience in larger business environment.
1968 – Completed one year compulsory military training, SA Navy.
Authored Text Books and wrap-around Distance learning study notes
Managerial Accounting for Post- and Undergraduates – The text incorporates 11 chapters – 8
th
ed. 2013
Managerial Finance for Post- and Undergraduates – The text incorporates 11 chapters – 8
th
ed. 2013
Annual distance learning study notes for Intermediate (post graduate) Financial and Managerial Accounting & Finance,
Taxation and Auditing and Advanced Managerial Accounting & Finance for the University of KwaZulu-Natal as well as a
Namibian tertiary institution.
Publications
Professional Journal : Accountancy South Africa
“Defending the Indefensible – A Partial Approach” October 1988
“In Serious Vain – Capitalisation of Leases” October 1990
“Barcodes – Advanced Retail Technology?” November 1991
Consumer Journal : Choice Consumer Magazine
“Income Tax – Salary Earner, You Can Cope!” February 1991
Conference Papers:
“Adding Value by Investor”, 27-29 July 1998
“Christian Student needs on Campus” 25 August 2006 at National Student Convention, Bloemfontein and “Workshop
to identify more student needs” 2006
Seminars
“Financial Statement Analysis for Bankers”, Absa Bank Group 2000.
Public Seminars/Lectures and seminar material and graphics covering many different topics on ethics.
Panel Discussion and Public Debates:
Multi-cultural Student Ministry/Evangelism August 2006.
Public speaker and public debater on various topics since at the invitation of Christian and Muslim organisations.
Curriculum Development: Curricula have been developed for Financial Accounting I to IV as well as
Undergraduate and Advanced Management Accounting & Finance, Undergraduate Auditing and Undergraduate
Taxation to comply with the educational and accreditation requirements of SAICA.
Supervision of Post Graduate Research
Supervised a number of MBA research projects/dissertations. Sample topics:
• A need for sophisticated Yield Enhancement Investments

4. • Risk Management with Futures and Options
• Post-Acquisition Financial performance of listed acquirers
• Credit Policy to Address Financial Needs of Africans
• Foreign Exchange Risk Management Opportunities in South Africa.
External Examiner for a number of South African (BCom) and Namibian (MBA) tertiary institutions.
Programs Developed and Presented
Bridging program at University of Natal 1989–1992;
Life Skills School at Westville Maximum Security Prison 1995-2000.
Interests: Science and Religion, spear fishing, body surfing, squash and music.
References: Previous Directors of the School of Accounting – three referee reports are attached
Professor P L Sullivan 27312607199 Cell: 27845378377
Professor W D Geach 27312607429 Cell: 27765868264
Professor N Wood 27312602157 Cell: 27820928098