Preparedness plays an essential role in taking the licensure examination, but due to the implications of the Covid -19 pandemic on the general population, many are concerned about its influence on the student's level of preparedness for their upcoming licensure examination. This study investigated whether the Covid -19 pandemic and the students' demographic profile influence their financial, mental, academic, and learning environment preparedness. An online survey questionnaire was distributed to the graduating students enrolled in Partido State University board courses during 2022-2023. The collected data was analyzed using ordinal logistic regression. The responses showed that financial, learning environment, mental, and academic preparedness received weighted means of 2.67, 3.46, 2.99, and 2.42, respectively. Meanwhile, the Covid -19 influence received an overall weighted mean of 5.01. These findings indicate that most students believe their financial, mental, and academic preparedness levels are low, while they perceive their environmental preparedness level as high. Despite this, most believe that the Covid - 19 pandemic was somewhat influential and beneficial to their preparedness. Lastly, the ordinal regression model revealed that only the age of the students is statistically significant at 10%. In contrast, the rest of the variables regarding the socio-demographic profile of the students and the perceived Covid -19 influence are not significant at all levels.

The study reveals the economic behavior of fisherfolks that governs their decisions to practice accounting in Partido district, Camarines Sur, Philippines. Economic behavior was modeled and measured through the following parameters: the socioeconomic characteristics of the fisherfolks and their economic transactions; the economic perceptions on socioeconomic contribution, market sustainability, and financial viability of fishing activity; the recordkeeping practices they adopt and constraints they encounter; and the Willingness to participate in accounting enhancement programs. Nonlinear models were utilized, and a causal-explanatory design was applied. The survey was conducted throughout the four sectors of the district. Most fisherfolks are married men with an average age of 45. Most are elementary graduates, have 7-8 children, and are impoverished. They have been observing 6 recordkeeping practices and have asserted 14 types of constraints. They have identified 10 economic transactions that need a formal bookkeeping system and expressed 21 economic perceptions about the fishing industry. Based on probit models, 11 variables govern their decisions to practice accounting: 2 socioeconomic characteristics; 3 composite economic perceptions; 3 composite economic transactions; and 3 fishing activities as control variables. Finally, the study proposes policy interventions to improve the livelihood and uplift the accounting practices of fisherfolks.

Corporate bankruptcy has enormous economic ramifications, particularly for investors and creditors of publicly listed companies (PLC). Prior to a corporate collapse, a company's financial status is frequently in jeopardy, and its performance either affirms progress or predicts failure. As a result, management is interested in a technique of determining a company's financial distress. Financial accounting analyses were performed to determine the solvency, liquidity, profitability, and gearing capacity of 136 firms, with 680 economic entries, before CoVid-19 Outbreak. To scrutinise financial distress, the Altman Z-scores and financial zone of discriminations were generated through GB bankruptcy, and PLC bankruptcy model. The link between declining profitability, economic failure, and financial insolvency as indicators of financial distress was examined through panel regression with random factors. Prior to the COVID-19 outbreak, there were no signs of declining profitability, economic collapse, or financial insolvency in the Philippines, according to the findings of the study. Individual components of financial distress and the overall z-score have no statistically meaningful association with financial performance and position markers. As a result, the solvency ratio has little predictive value in forecasting financial distress. The fact that a company has a higher solvency ratio does not also imply that it is less likely to go bankrupt. The findings go counter to classic accounting perspectives and pure managerial research that claim the solvency ratio is always a reliable predictor of financial distress. Finally, the paper examined the financial health of firms and untangled the knots of financial distress.