| dc.description.abstract | The study was conducted to determine ethical practices of accountants in Davao City.
In order to determine their practices, the researcher determined their level of practices
on integrity, objectivity, professional competence and due care, confidentiality and
professional behavior. Likewise, the study predicted what variables discriminates high
ethical practitioners from the other group (moderate and low) when categorized
accordingly. Moreover, the study determined the characteristics of the respondents in
terms of age, gender, sector belong and work experience. Data revealed that the level
of ethical practice among accountants in Davao City is high in all five (5) indicators
which work in favor with the Professional Accountants Code of Ethics. The
respondent’s level of ethical practices is the same regardless of their profile. Integrity,
professional competence and due care, and professional behavior are the variables
considered to discriminate the high practitioners from moderate practitioners and low
practitioners after stepwise discriminant analysis. This means that the three identified
variables are the variables that separate high practitioners from the other groups. The
model D = -7.724 + 1.893Integrity + 2.749 Professional competence and due care + 1.553 professional
behavior has been derived to predict value of discriminating variables. It is therefore
imperative that practicing accountants must give some focus on those variables so that
they can improve their level of ethical practice in their chosen profession. The
researcher recommends that first, a strong emphasis on accounting ethics must be
instilled while the accountants are still studying. Accounting Institutions therefore
must enhance their curriculum that will help future accountants to be more cautious in
dealing with ethical dilemma. They must focus on enhancing integrity, professional
competence and due care, and professional behavior. The reason for these is to
provide sustainability on the good practices of the accountants. Second, Governing
body for Accountants must regularly provide training and seminars on proper work
ethics to help practicing accountants to be aware of their role both in the public and
private sector. These are to instill within the system of the accountants that doing
negative practices will really result into negative consequences.
Keywords: Ethics, accountancy, inferential, discriminant analysis, certified
public accountants, Davao City | en_US |
