...Bachelor of Science in Accountancy as Major Charlotte Jhiza A. Beleno Adamson University Abstract The need for accounting graduates continually grows in this decade. The US Bureau of Statistics projected that there will be a 15.7% increase in the number of accounting jobs between 2010 and 2020. This increase in demand gives the importance to study and understand the factors that motivate and encourage students to take up Bachelor of Science in Accountancy as their college course, so that quality graduates will meet the demand in the field of accounting profession. This paper also helps high school teachers, parents and guidance counselors on how they can influence students to take up BS Accountancy in their tertiary level. On the other hand, it also informs the students on the advantages of being accountancy major and an accountant in the future. Factors Affecting Students’ Choice of Bachelor of Science in Accountancy as Major A Review of Related Literature and Studies Accounting as defined by Webster is the system of recording and summarizing business and financial transactions and analyzing, verifying and reporting the results. On the other hand, Accountancy is the profession or practice of accounting. Bachelor of Science in Accountancy prepares students for careers in accounting firms, financial institutions, public sectors, and financial departments of companies. It is an in demand course since there is an upward trend and opportunities to accountancy graduates and these...
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...CHAPTER 1 The Problem and Its Setting Introduction Bachelor of Science in Accountancy (BSA) has been one of the most in demand courses in the Philippines nowadays. Last May 2015, the Professional Regulation Commission (PRC) announced that 2,132 out of 5,959 passed the Certified Public Accountant Licensure Examination given by the Board of Accountancy in the cities of Manila, Baguio, Cagayan de Oro, Cebu, Davao, Iloilo and Legazpi. In order to meet this demand, universities and colleges must create a program that would meet the standards and retention in the BSA program. Admission to the BSA program should be restricted to students who can demonstrate a high probability of success in the study of accounting through satisfactory academic performance, a qualifying examination, an interview, and/or other appropriate means. The school is given the privilege to require standard admission requirements to the program as reflected in its manual of regulations for students (CHED, 2007). The Accountancy program is presently known for its tough retention policy which becomes a challenge to prospective students. A retention policy is a set of guidelines in which a certain school follows a minimum grade for accountancy students in order for them to advance in the next level. Today, retention policy is a common practice in most colleges/ universities. With the increasing pressure to meet the minimum proficiency level, students who are developmentally unprepared to handle the curriculum...
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...GROUP 1 CHAPTER 1 INTRODUCTION Accountancy is one of the most in demand courses in the country, but also the most difficult for the students who are enrolled to this program. Many students end up shifting to other courses because they cannot withstand the demands of accountancy. Although it requires only basic mathematical operations, what makes it difficult is the use of analytical and logical thinking. The Bachelor of Science in Accountancy program is composed of subjects in accounting, audit, administration, business laws and taxation. Its primary focus is not limited to business subjects only, but to other fields as well, such as banking and finance, government, social services, education, and more. The BSA program is taught in a variety of teaching methods examples are case analysis, individual and group reports, simulations, classroom discussions and guest lecturers. It also includes extensive exposures to business immersions and an on-the-job training that will provide you with the understanding of practical accountancy. This program is highly recommended especially for those people who are in business. Whether they work for a company or try to put up a business, accounting is still there. HISTORICAL BACKGROUND The roots of the University of the East can be traced back to two rented rooms on Dasmarinas Street, Manila, where 110 students enrolled in Certified Public Accountant (CPA) review classes in September 1946; barely two months after the Philippines...
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...The Accountancy program remains as one of the toughest courses offered in the Philippines. Every year, two board examinations take place–one in May and one in October. The said exam usually reaches a mere 50% passing rate making it one of the most probable hardest board exams currently present in the country. Also present in this program are the zero-based grading systems, grade retention policies, and qualifying exams that screen the abilities of students. Because of these grueling challenges, individuals may suffer from mental strain and tension. Being involved in the Accountancy program not only brings sleepless nights and tons of readings but it also brings stress–the main cause of anxiety. Stress is something that causes strong feeling...
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...………………………………………………………………………………….…….3 Application & Fees…...………………………………………………………………………………………….3 Testing Windows ……..……………………..………………………………………………………………….4 Sections………………………..…………………………………………………………………………………….4 Study Prep Material.…………………………………………………………………………………………….5 OBTAINING THE CERTIFICATE …………………………………………………………………………………….…….5 CONCLUSION………………………………………………………………………………………………………………….…5 EXECUTIVE SUMMARY This report provides information about the steps required to become and maintain a Certified Public Accountant (CPA) license in the state of Texas. A CPA license in Texas is in great demand due to the fact Texas does not have a state income tax and many wealthy people move to Texas who require attention in estate planning and income tax. Under Texas law, an individual may not practice public accountancy unless they hold a certificate issued under Chapter 901 of the Public Accountancy Act. Included in this report are the following subjects: * The requirements and steps to become a Texas CPA. * Information regarding the Texas Uniform CPA Exam. * Preparation material for CPA Exam. Once the CPA exam has been passed, it is important to understand the requirements to become a CPA in Texas. Once the certificate has been obtained there are other things that must be done also to maintain the license in the state of Texas such as continuing education and fees. Even though obtaining a CPA license in the...
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...Send to Friend | Print | ? Contact Us | EES Retention Policy | The Elsevier Editorial System (EES) Retention Policy outlines how long files are retained in EES. This applies to submissions for which a final disposition has been set, and incomplete submissions which have not been touched by the author for a given number of days. The following retention policy is in place in EES for all journals: 1. Article information (the submission metadata, including Reviewer Attachments) will be stored indefinitely in EES. 2. Source files for accepted articles will be removed from EES three months after the paper has been finalised in the system (accepted and sent to production). These are basically all the files uploaded by the author (or the editor) e.g. manuscripts, figures, tables, companion files etc. 3. Submission PDFs (PDFs created by EES) will be kept for one year, after which they will be deleted. 4. Source files for rejected and withdrawn manuscripts will be deleted three months after the manuscript reaches the appropriate final disposition status (the end of the peer review lifecycle). 5. Submissions that are removed by the Author or the Editor at the beginning of the editorial process will be deleted immediately. 6. Incomplete Submissions: Author will receive an alert after 60 days of inactivity. After 90 days of inactivity, the PDF and source files will be deleted. When an incomplete submission remains inactive after 60 days, the following alert is sent...
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...THE RELATIONSHIP BETWEEN SUBJECT LOADS AND STUDY HABITS AMONG THE ACCOUNTANCY STUDENTS OF HOLY CROSS OF DAVAO COLLEGE A Research Paper Presented to Mrs. Nelia B. Aga by Manalo, Ma. Reignsel Angelica V. Copreros, Ariela September 2015 The Relationship between Subject Loads and Study Habits Among the Accountancy Students Of Holy Cross of Davao College _________________ A Research Paper Presented to Mrs. Nelia B. Aga _________________ In Partial Fulfillment Of the Requirements for English 103 __________________ by Manalo, Ma. Reignsel Angelica V. Copreros, Ariela B. September 2015 ii HOLY CROSS OF DAVAO COLLEGE STA. ANA AVENUE, DAVAO CITY Approval Sheet This research entitled “The Relationship between Subject Loads and Study Habits Among the Accountancy Students of Holy Cross of Davao College”, prepared and submitted by Ma. Reignsel Angelica V. Manado and ArielaCopreros, in partial fulfillment on English 103, Methods of Research and Technical Writing, has been examined and recommended for acceptance and approval. Mrs. Nelia B. Aga Instructor ii Acknowledgement The researchers would like to thank from the bottom of their heart to the people who became part of the conduction of this study. And also who are there to support financial or even emotional so that this study becomes successful. First and for most, the researchers would like to express their sincere thanks to our Almighty God because He...
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...INTRODUCTION Business is an organization involved in the trade of goods, services, or both to consumers. Business is prevalent in capitalist economies, where most of them are privately owned and provide goods and services to consumers for profit. An organization or enterprising entity engaged in commercial, industrial or professional activities. A business can be a for-profit entity, such as a publicly-traded corporation, or a non-profit organization engaged in business activities, such as an agricultural cooperative. Businesses include everything from a small owner-operated company such as a family restaurant, to a multinational conglomerate such as General Electric. To "do business" with another company, a business must engage in some kind of transaction or exchange of value with that company. In this sense, the word "business" can be used to refer to a specific industry or activity, such as the "real estate business" or the "advertising business". Business is an economic activity, which is related with continuous with regular production and distribution of goods and services for satisfying human wants. According to a 2012 Michigan State University survey of 3800 employers, business majors received the best job prospects coming out of the U.S. recession. Business degree holders can choose from a variety of possible career paths, starting with business training programs in major companies. Other jobs common to business majors include...
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...TOPIC: Factors that affects High school students in choosing their courses in college. INTRODUCTION A labour force survey suggested that the Philippines has the highest unemployment rate among the countries from the Southeast Asia (Ericta, 2013). Mismatch graduates are believed to be a reason why the country has high unemployment rate. The reasons of these mismatches might be due to the produced graduates of colleges that do not fit the present demand of the economy, or the graduates were not capable of achieving the required skills the industry needs. The incompatibility of graduates to meet the competencies needed by companies may be due to wrong preference of courses (Rosero, 2012). A major turning point in an adolescents' lives involves the career choice that they make while in high school. These decision are mostly influenced by the family and community of a student which plays a major role in establishing a career path that opens as well as closes opportunities (Bluestein, Phillips, Jobin-Davis, Finkelberg, & Roarke, 1997). There a lot of factors that could affect a student's decision in choosing their courses. There are uncontrollable elements such as location, cost, distance and availability of financial aid (Jackson, 1982). However, some Colleges, set standards before accepting students to a particular course; hence, this can alter student’s decision especially those with academic issues. These standards include student background (Jackson, 1982), objectives...
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...of B.B.A East West University Submitted by: Md. Saim Ur Rahman Id: 2013-1-10-130 ACT-201 Sec-04 Submission Date: 29th March, 2015 Plot No-A/2, Main Road, JahuruIslam City Aftabnagar, Dhaka-1212, Bangladesh. ICAB The Institute of Chartered Accountants of Bangladesh (ICAB) is the national professional accountancy body in Bangladesh. It is the sole organization in Bangladesh with the right to award the Chartered Accountant designation. It has around 1,400 members. The Institute of Chartered Accountants of Bangladesh (ICAB) is the National Professional Accounting Body of Bangladesh established under the Bangladesh Chartered Accountants Order 1973 (Presidential Order No. 2 of 1973). Top of Form Bottom of Form Establishment: The Institute of Chartered Accountants of Bangladesh (ICAB) is the National Professional Accounting Body of Bangladesh established under the Bangladesh Chartered Accountants Order 1973 (Presidential Order No. 2 of 1973). ICAB's Administrative Ministry: The Ministry of Commerce, Government of the People's Republic of Bangladesh is the administrative Ministry of ICAB. ICAB's Vision: To meet the ever-changing global economic demands dominated by WTO regime, the ICAB is fast becoming a body of professionals whose expert services will be highly sought after- - To anticipate, meet and exceed the rising expectations of the society - To better use of opportunities to face the challenges of fiercer global competition - To recognize the changes...
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...physical health of the students might have an impairment if cramming is already a part of the regular routine of students. Moreover, Heibutzki (2008) states that “a single-minded focus on academics contradicts one of the utmost significant elements in the college experience, which is the ability to interact with people from various backgrounds”. Furthermore, one of the courses in college that may be in conflict with the social life of students is one of the in-demand courses in our generation which is the Accountancy program. It might take courage and persistence to maintain suitable grades for the students to continue pursuing the program. Due to the fact that the Accountancy program demands a number of requirements, students prospectively focus on their intellectual performance than interact with other people. Indeed, accounting majors may need to have self-discipline and self-motivation since an excellent student can properly manage his personal life while managing the constraints of the subjects to finish an accounting degree (Simberg, 2006). Furthermore, since the Accountancy program may be one of the in demand courses, one of the institutions that offer the program in the Philippines is De La Salle Lipa. The third year accounting curriculum in De La Salle Lipa comprises of six major subjects with a zero-based grading system. In observation of the researchers, it shows that this may be one of the justification why there are numerous third year accounting students that always face...
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...What does ethics have to do with accounting? Everything, since there have been some recent financial accounting scandals; a few examples being Xerox, WorldCom, Enron, which have generated much unwanted and unfavorable publicity for CPA's, including those working as controllers or chief financial officers for organizations. When you hear the word "ethics," what is the first thing that comes to mind? Having to make the decision of doing what is right versus doing what is wrong. Some idealists say that decisions of ethics should not be conditional. However, that is not as simple as it may sound. What constitutes "right" to one person may be "wrong" to anther; what clearly distinguishes the line between right and wrong? What some may look at as being unethical does not necessarily make it illegal. In the predicament of David Duncan, the lead audit partner at Arthur Anderson the Accounting Firm for Enron, underscores the penalty that accountants may face under professional accountability. Duncan had pleaded guilty to obstruction of justice when he was involved in the connection with document shredding. The scandals have made some big implications on the profession as a whole. One being the decision from the Public Company Accounting Oversight Board (PCAOB), created by the Sarbanes-Oxley Act (SOA) of 2002, in April 2003 they voted to assume the responsibility for establishing auditing standards. The Auditing Standards Board of the American Institute of Certified Public Accountants...
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...Section 1: General Information 1.1 Administrative details: |Associated HE Award(s) |Duration |Level |Subject Coordinator | | B Bus (Accg); B Bus (Mgt & Finance) |1 trimester |Level 2 | Richard Chang | | | | |richard@koi.edu.au | 1.2 Core / elective: This is a core subject for B Bus (Accg) and an elective subject for B Bus (Mgt & Fin) 1.3 Subject/unit weighting: Indicated below is the weighting of this subject/unit and the total course points. |Subject Credit Points |Total Course Credit Points | | 4 |BBus(Accg) 96; BBus (Mgt & Finance) 96 | 1.4 Student workload: Indicated below is the expected student workload per week for this subject/unit: |No. timetabled hours/week* |No. personal study hours/week** |Total workload hours/week*** | |4 hours/week |5 hours/week |9 hours/week | |2 hour Lecture + 2 hour Tutorial | ...
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...What college courses will best suit Mr. Mallari’s sons? a. Will Mr. Mallari’s sons accept their father’s idea? 2. How will Mr. Mallari established his own assembly plan? OBJECTIVES * To be able to determine the right college courses for each of Mr. Mallari’s sons * Persuade Mr. Mallari’s sons to take the college courses their father picked for them. * Pursue Mr. Mallari’s dream to have his own well established plant ANALYSIS Areas of Considerations: * Personal Opinion of Mr. Mallari’s sons * Interest of Mr. Mallari’s sons 1. Demand * External- the demand for electronic parts that are used in the assembly and maintenance of radios, tape recorders amplifiers and various selected appliances in other towns. * Internal-the demand for more man power to serve all the customers various needs in terms of repair or sales 2. Competition * External- about Mr. Mallari’s former classmate Estelito Chan well – established appliance assembly plant in manila and other factory outlets * Internal - about Mr. Mallari’s employees who are striving for higher position or salary. 3. Traditional Attitude * External-the trend in the towns he wants to establish his factory * Internal - his company’s rules and regulations 4. Total Financial Investment * External-total investment in putting up more stores * Internal- own more assets for investing 5. Possible earnings SUGGESTED COURSES OF ACTION From...
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...John Rodnie C. Cabarrubias 1-HAC Being an accountancy student in San Beda is very special to all and I should say that the people surround me or even my fellow batch mates have a higher expectations. Even our professors, board of directors and the Rector-President of San Beda College hoping that we will graduate as same time we enter the school. Last May 2012 CPA board licensure examination, a bedan made it at the top. Manuel Buensuceso Jr. was emerged as top 1 on the CPA board licensure examination, garnering a 94.86 percent passing percentage. Based on the Auditorial, his top performance makes him the second bedan in history to make it to the top spot in the CPA board exams. San Beda also receives a 100% SBC passing percentage, meaning all first time takers passed the examinations and with pride and honor San Beda made a celebration to honor their hard work. With a great pride and honor San Beda keep on sharing to all Filipinos that San Beda has a great accountancy program, just because we have the top 1 overall in the CPA board exams. They keep on posting the picture of Manuel in every bit part of the school and even outside of the school. Also they post some pictures and details in some prestigious newspaper in the country (Philippine Daily Inquirer and Philippine Star). The best part is that our fellow accountancy department keeps on reminding the Bedan community that we have it takes to be on the top. June 29, 2012 at Abbey Church a celebration...
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