Title:
FACTORS AFFECTING ACCOUNTANCY GRADUATES’ READINESS FOR THE CERTIFIED PUBLIC ACCOUNTANT LICENSURE EXAMINATION

Authors:
Kingie G. Micabalo and Exequiel C. Cruspero, Jr.

Abstract:
The demand for CPAs is no doubt very welcome news to the profession. Nevertheless, while this is happening, there is a wide gap between the number of graduates and the number of takers in the CPA board examination. The investigation aimed determined the factors affecting BSA graduates’ Readiness for CPA Licensure Examination. The 63 alumni respondents participated in the study on a snowball inspecting strategy in information gathering. Frequency and simple percentage, weighted mean, Chi-Square Test of Independence, and One-way ANOVA were used to treat and interpret the data. The examination revealed that administrative support, personal factors, and motivational factors have contributed greatly to the graduates' decision to take the board exam. It was also revealed that the knowledge, capabilities, and ways of thinking and acting of the graduates were affected greatly through the said factors. A significant relationship was identified between the factors in terms of financial aspects, academic performance, administrative support, personal factors, motivational factors, and the extent of contribution of these factors to the graduate's readiness for CPA licensure examination. The study concluded that several factors really affect the graduates’ decision to take the CPA licensures examination.

Keywords:
Accountancy licensure examination, factors affecting readiness, descriptive correlational, Mandaue City, Philippines