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 requirements may simply require an extra year for their ability level to match the expected standards or just shift to another course. With this in mind, the study aims to propose an improved retention program to School of Accountancy and Management.
Background of the Study Bachelor of Science in Accountancy is a quite difficult course. Many students end up in to other courses because they