A study on the preparedness and performance in the workplace of the accountancy graduates of the top three performing universities in the CPA Board Exam in Metro Manila

• Main Authors: Bernardo, Stephen G., Cruz, Chamille O., Fontillas, Jose Enrique C., Garcia, Erwin Daniel V.
• Format: text
• Language: English
• Published: Animo Repository 2014
• Subjects: Accountants > Philippines > Metro Manila; Accounting
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/6109; https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=6753&context=etd_bachelors
• Institution: De La Salle University

There have been previous studies that conclude that the accountancy education does not prepare the graduates in the workplace. Moreover, employers claim that there are important skills that graduates are not equipped with. Thus, the researchers wanted to know what skills would the employers look for when they hire an accountancy graduate. In addition, the group also wanted to determine the preparedness and performance of accountancy graduates in the top three universities in the Philippines that offer an accountancy program. This study used primary data through the distribution of survey questionnaires to the selected samples. The information gathered was analyzed by using statistical tools such as the mean and the One-way Analysis of Variance (One-way ANOVA). The results show that the five most important skills that a graduate should possess are critical thinking, ability to work in teams, decision making, oral communication, and written communication. The first hypothesis and third hypothesis, which were about the differences between the level of preparedness of the DLSU, UP, and UST graduates were both accepted. Moreover, the results show that DLSU and UP graduates are more prepared than UST graduates. The second hypothesis, which is about the differences between the performance of DLSU, UP, and UST graduates, was rejected which means that the difference between the performance of the graduates of the three universities are statistically insignificant. Though insignificant, the mean scores show that DLSU and UP graduates perform better than the UST graduates. The results of the study may serve as a reference to any probable future review of the curriculum design of the accountancy program of DLSU, UP, and UST as well as the nationwide curriculum of the accountancy program. In addition, prospective employers may also use this study in determining what skills the graduates lack and how to improve those skills.