Currently, the labor workforce in the Philippines needs accountants brought about by the ASEAN integration. As such, there is a greater demand for universities to produce graduates who are ready to face the real world of business. To produce quality graduates, the technical and soft skills of the accountancy graduates must be in harmony. This study aimed to ascertain the technical and soft skills matching in relation to the first job experience of accountancy graduates. A descriptive-correlational design was utilized in this study. Stratified random sampling was utilized to get the 70-study sample. Self-constructed questionnaires were used in this study. Content validity was done by five experts. Percentages, mean, stand and regression were used in the analysis of data. The work profile revealed the following: 37.14% of accountancy graduates are working in the audit sector, 34.29% worked in General Accounting/Finance; 70% of respondents are currently working with 1 -3 years of experience, while 30% working beyond 3 years from the date of graduation; 45.71% of the respondents underwent internship at Alas Oplas & Co. CPAs, and 58.57% of accountancy graduates who took the internship program spent at least 160 hours on their internship. Regression analysis revealed that the technical skills gained in the internship program of the accountancy graduates were significantly related to the technical skills applied during their first job experience. On the other hand, the Accountancy Program's soft skills are significantly related to the soft skills applied during their first job experience.
Most financial statement analyses focus on firms belonging to industries that either contribute significantly to economic figures or posit in a highly competitive business environment. Whatever the motivation may be, financial statement analysis should be made available to all industries for reasons of comparability and benchmarking. So much so to industries that silently propel economic development and growth, which the media subsector is. This research paper aims to analyze the financial statements of two publicly listed companies in the Securities and Exchange Commission of the Philippines in the media subsector's financial statements for the years 2016-2020 using profitability ratios, such as net profit margin return on total assets, return on equity, and basic earnings power ratio. The research employed a quantitative research design that focused on the comparative analysis of the financial statements of the two companies. The data were lifted from the published financial statements of two companies in media subsector. In the analysis of data, mean and standard deviations which were presented using tables and graphs were used to describe the profitability ratios of the two companies. Further analysis was performed using independent t-test to examine significant differences between the profitability ratios of the two companies with the aid of Statistical Package for Social Sciences (SPSS) version 25.
This paper provides in-depth correlational research on the level of readiness of the accounting personnel as well as the adoption of the usage of artificial intelligence technologies in their respective field. The quantitative result of this study was to examine whether the level of readiness and adoption have a positive relationship in the various technologies involving the use of artificial intelligence. Descriptive research design was used with a total of 50 accounting personnel derived using purposive sampling from the selected state and private university and local government unit in Cavite. Retrieved data were collected and analyzed using frequency count, percentage, weighted average, standard deviation, and Spearman's Rho method, and were treated with utmost confidentiality. It was found out that participants were somewhat ready in using AI software application, slightly ready in using Cloud technology and moderately ready in using Blockchain technology. It was also revealed that participants were somewhat adoptive on the use of AI software application, slightly adoptive in using Cloud technology and somewhat adoptive in using Blockchain technology in their accounting profession. It was also revealed that there are positive relationships on the level of readiness and adoption on the use of all the AI technologies.
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