The Development of Analytical Communicat

THE DEVELOPMENT OF ANALYTICAL, COMMUNICATION AND
RESEARCH SKILLS IN ACCOUNTING EDUCATION:

PERCEPTIONS OF DE LA SALLE UNIVERSITY
ACCOUNTANCY STUDENTS AND
FACULTY MEMBERS
A Research Paper
Presented to the Marketing Department
De La Salle University
In partial fulfillment
of the course requirements
in Philosophy of Science and Scientific Methods
Submitted to:
Mr. Manuel Alfredo de Leon, MAC
Submitted by:
Mc Reynald Banderlipe II
Cynthia Castillo
Christian Navarro
Carlos Nemenzo, Jr.
Allouraine Sabiniano
April 5, 2005
ACKNOWLEDGMENT
The researchers would like to give its warmest gratitude to the following people
who have helped and inspired us to complete this paper:
We would like to thank Mr. Manuel Alfredo de Leon for the wisdom that he has
shared to us which allowed us to transform this paper into a more scholarly output.
We are indebted to the De La Salle University (DLSU) Accountancy
Department, for being our home, during the term, especially to its faculty and staff for
the support and patience they have shown us.
We give our sincerest appreciation to all our respondents, the DLSU
Accountancy students and faculty members of and PRACTITIONERS, for their
cooperation and participation in both our focus group discussions which allowed us to
gain new perspectives on the improvement of our research paper and in responding to our
survey questionnaires for which this paper would never have been completed.
We thank our families and friends for the continued inspiration despite the
minimum quality time spent with them for the duration of this research.
We dedicate this paper to all of you who believe that the skills discussed in this
paper should be integrated in accounting education to achieve a quality Accountancy
Education.
Most of all, we thank our Lord and Savior, Jesus Christ, for giving us the
wisdom and perseverance to finish this paper despite our busy working schedules. We
offer to you this humble work inspired by Your love and guidance.
ABSTRACT
With the complexity of todays business transactions, accountants are continuously

challenged to cope with the changes to survive in the profession. Such changes require
academic institutions to emphasize the development of knowledge and skills among
accountancy students.
This paper focuses on the development of three skills: analytical, communication, and
research skills in the accountancy education as perceived by Accountancy students and
faculty members. Using the data from the surveys gathered from accountancy students
and faculty members of De La Salle University, results show that all problem solving,
evaluating and interpreting financial data/systems, business cases, and design of
theoretical questions discouraging memorization are perceived by students to be highly
significant to the general development of analytical skills. On the other hand, faculty
members only perceive business cases, evaluating financial systems, and design of
theoretical questions to be significant in the analytical skill development. Despite this
result, both students and faculty agree that problem solving is the number one factor in
the development of the skill, while on-the-job training is considered to be the least factor.
In terms of communication skills, students perceive all areas such as oral
communication, written communication, non-verbal communication, and listening skills,
with the exception of essay writing, to be highly significant with the general evaluation of
communication skills. Faculty members, on the other hand, perceive writing essays,
debates, and graded recitation to be highly significant factors in the development of the
skill. It was also found out that preparing written reports is the number one sub-skill that
develops the communication skills, as evidenced by high mean scores.
For research skills, all factors such as awareness on plagiarism, reference to other
school materials, basic and applied research, taking research methodology courses and
other related subskills are highly significant as perceived by students. Faculty members
perceive only preparing basic and applied research, feasibility and industry studies, and
formal course on research methods to be the highly significant factor in the development
of research skills. It also noted that awareness on plagiarism and reference to other school
materials are the main factors in the development of the skill, as perceived by students
and faculty members, respectively.
Students perceive Mandatory CPE programs to be helpful in the development of ACR
skills, whereas faculty members do not. While the notion that the development of ACR
skills is developed more through experience than classroom learning are not highly
significant to both faculty and students, students placed high significance on DLSUs
participation in the development of the skill in contrast with the faculty perceptions. At
the end of the paper, conflicting opinions as to why the development of ACR skills is
hampered in accounting education are presented.
Future research for this study should be geared towards formulation of policies and
programs toward the development of ACR skills, increasing the geographical scope of
the study, the consideration and assessment of other skills necessary in the accountancy
profession.
LIST OF TABLES
TABLE NUMBER
PAGE
Sample Size Allocation among the Different Year Levels of

BSA students in De La Salle University
46
Demographics of Respondent Accountancy Students
52
Demographics of Respondent Accountancy Teachers
53
Mean Responses of Students and Teachers on General

Evaluation of ACR Skill
55
Spearman Correlation Coefficients for Analytical Skills with

Mean Responses by Students and Teachers
57
Spearman Correlation Coefficients for Communication Skills

with Mean Responses by Students and Teachers
59
Spearman Correlation Coefficients for Research Skills with

Mean Responses by Students and Teachers
62
Spearman Rank Correlation of General Evaluation Statements

Correlated with Mandatory Continuing Professional Education
(CPE) and the Mean Responses by Students and Teachers
64

Correlated with the Notion that ACR Skills are Developed
More Through Experience and the Mean Responses by
Students and Teachers
65
10

Correlated with the Opinion that De La Salle University,
specifically the Accountancy Department helps develop the
ACR skills of Accountancy Students and the Mean Responses
by Students and Teachers
66
11
Students Opinion on Reasons of Underdevelopment of ACR

Skills of Accountancy Students
68
12
Teachers Opinion on Reasons of Underdevelopment of ACR

Skills of Accountancy Students,
69
13
Students and Teachers Ranking of ACR Skills According to

Importance
71
LIST OF FIGURES
FIGURE NUMBER
PAGE
Conceptual Framework
43
Operational Framework
44
LIST OF APPENDICES
APPENDIX
A
Focused Group Discussion Guide Questions for Students,

Teachers, and Practitioners
Survey Questionnaire
CHAPTER 1
BACKGROUND OF THE STUDY
1.1
INTRODUCTION
While businesses evolve with more complexity in systems and processes, accountants
are being challenged by change and competition. Changes are happening at an everincreasing pace and accountants need to cope with them to survive in the profession.
Being outdated may cause accountants to be easily engulfed by competition.
As the accounting profession is being revolutionized, many professionals are thrown

into a storm of confusion. Although professionals seem to be perplexed, students are
more beleaguered and victimized by the current changes as they prepare to enter the
accountancy profession. These changes resulting from the harmonization of accounting
standards appear to be discouraging and puzzling to the accountancy students.
Notwithstanding several researches on perceptions with regard to education quality

and effectiveness of teaching and learning, regulatory boards, business executives, and a
great part of the public are pushing to ground educational standards far more relevant to
the knowledge and skills needed to succeed in the new business model. Thus, new
challenges are identified in the efforts of institutions to improve the quality of education
(Mustafa & Chiang, 2006).
As educational institutions carry the burden of preparing students for the profession,
the challenges become more difficult because of the policies set by the Board of
Accountancy (BOA) and Commission on Higher Education (CHED). This is evidenced
by the ability of CHED to close down accountancy programs. This poses a challenge to
academic institutions in improving the accountancy program to emphasize the knowledge
and skills that should be developed by accountancy students.
In a CHED Memorandum on Revised Minimum Curricular Requirements for

Bachelor of Science in Accountancy (2006), it was emphasized that the accounting
educations ultimate goal is to produce competent professionals capable of making
positive contributions to the society. The memorandum lists the knowledge and skills
necessary to become a competent and successful professional.
Several researches have supported the increased emphasis on the development of these
skills. In his article, Burnett (2003) suggested that the development of analytical or
critical thinking and communication skills should be pursued throughout the students
stay in the university rather than incorporating it in a term or two as these skills are the
foundation of the all other skills. Burnett also emphasized the need for an accountancy
student to improve his research skills to better prepare him for his career.
This paper tackled the development of analytical, communication, and research skills
as perceived by DLSU Accountancy students and faculty members. This research was
conducted to determine if the three skills are integrated and developed in the academe
specifically by De La Salle University (DLSU). Two perceptions, of the students and of

the teachers, regarding the interaction of the significant skills and quality of accounting
education were examined.
Students from the Bachelor of Science in Accountancy (BSA) were selected as

respondents to determine whether they perceive themselves as having the skills necessary
to succeed in the profession. The Accountancy faculty members comprise the second set
of respondents as teachers are considered as one of the foundations of the accountancy
education.
Analytical skills are necessary in solving unstructured problems requiring judgments

and critical thinking. These skills may be developed in school through exposures in a
variety of business cases and practical application. Application of analytical skills will
prove to be important in processing complex business transactions in the work place.
Communication skills, on the other hand, involve the transmission and receipt of
information in a concise and effective manner. Such skills are critical in successful verbal
presentations and written assignments. In practice, communication skills are essential in
client relations, interaction with colleagues and dealings with government agencies.
Lastly, research skills involve the ability to organize efforts and logical thinking to
obtain and expand knowledge in solving problems (Edralin, 2002). These skills are best
developed in courses that allow students to utilize resources other than textbooks. In the
business world, said skills are crucial in corporate strategic planning, industry analysis,
financial performance studies, and other significant business related investigation.
1.2
REVIEW OF RELATED LITERATURE
Decline in the Quality of Accountancy Students

The recent scandals faced by the Accountancy profession has spurred a lot of
speculations on the proficiency of Certified Public Accountants (CPAs) in demonstrating
some skills required in the practice of the profession. Although training future CPAs has
been made easier due to advances in technology and the availability of modern learning
tools, there was still a perennial problem with regards to the skills being developed by the
students.
Studies showed that the accountancy profession has generally declined in quality and
employers have expressed dissatisfaction on the abilities of accounting graduates. In fact,
a fifteen-page study was co-authored by the CEOs of the former Big Eight accounting
firms in 1989 to express their concern on the quality and number of accounting graduates
available to the accounting profession (Madison, 1990; Fowler, 1989).
The Big Eight pointed out that the accountancy profession has expanded and thus has
become more complex. The diversification of services offered by accounting firms,
together with the expansion of these firms into the international market had set a higher
standard to succeed in the accountancy profession. Success in the practice of accounting
requires both skills and knowledge in public accounting gained through talents, pre-entry,
and continuing education (Madison, 1990).
Furthermore, faculty members perceive that the abilities of todays accounting

students are weaker compared to prior years. In spite of this, higher grades were given to
these students, indicating that standards on accounting students were lowered (Morgan,
Sneed, & Swinney, 1999). This may be one of the reasons why practitioners complain on
the abilities of new hires despite their high GPAs (Pearson, 1995).
Improving the Quality of Accounting Education

Both practitioners and academicians are concerned with this decline in quality of
todays accounting graduates.
Practitioners suggested that the accounting curricula
should emphasize on developing interpersonal and analytical skills, as well as public

speaking abilities. Moreover, professional organizations recommended that instructors
incorporate cases, group projects, written assignments, oral reports and research projects
into their classes (Dow & Feldmann, 1994).
These findings were consistent with the study conducted by Larkin (1994)
rationalizing the need for students to develop communication and technical skills. Larkin
believes that these non-technical skills are just as important as technical skills for
success in the business world (p. 20). Despite this increased emphasis on non-technical
skills, students are still unable to appreciate the value that employers place on non-
technical skills. This was verified in the study conducted by Usoff and Feldmann in
1998.
The increased demand in improving the students skills does not mean a complete
change in the accounting curricula. Technical accounting topics should still be the focus
of accounting courses. Yet teaching methodologies should be revised to enhance the
students communication and interpersonal skills (Pearson, 1995).
This was contradicted by the study presented by Sneed and Morgan in 1999. The
study identified the accounting curriculum as the main factor of the weakness in
communication and problem-solving ability of the students. They suggested the redesign
of the curriculum to incorporate these skill areas and the continuous development of the
skill throughout the entire curriculum. In response to the increased requirements set by
the profession, several states in the U.S.A. implemented the 150-hour requirement, thus
extending the length of stay in the university by a year (Dresnack & Strieter, 2005).
Studies also showed that accounting education has shown signs of improvement. Both
practitioners and educators believe that a lot of progress in the accounting education has
been made by emphasizing active learning and skills development. Interviews with
known academicians in the United States showed that more ethics and fraud cases were
being taught. Increased attention was also placed in developing writing and oral skills, as
well as utilization of technological advances such as e-mail, spreadsheets, presentations
and video streaming (Myers, 2005).
Stone (2000) urged educators to revert back to the definition of accounting which, in a
way, defines the skills needed by the professionals who exercise them. These skills
include converting data into information, summarizing the information, distinguishing
relevant from irrelevant information, attesting to the reliability of the information, and
communicating information effectively.
Analytical Skills
Analytical skills pertain to the ability of a person in identifying and solving
unstructured problems in unfamiliar settings and exercising judgments based on the
comprehension of unfocused set of facts (Burnett, 2003). Schafersman (1991) defines
critical thinking as the correct thinking in pursuit of relevant and reliable knowledge
around the world. It embodies a reasonable, reflective, responsible, and skillful thinking
in order to ask appropriate questions, gather relevant information, efficiently sort the
information, reason logically from the information, and arrive to a reliable conclusion.
Analytical skills, particularly critical thinking skills, are as important as the other
skills, for critical thinking harnesses the ability to give light to problems of a
nondeterministic nature through identifying errors and irregularities which, in turn, aid
in making sound judgments (Jenkins, 1998).
The increased complexity of the business environment called for educators to develop
the students ability to deal creatively with multidimensional problems commonly
characterized by unstructured facts and uncertain solutions (Jones & Duncan, 1995).
Because critical thinking is based on information, Schafersman (1991) suggested that

critical thinking be taught during lectures, laboratory exercises, homeworks, quantitative
exercises, term papers, and exams where information can be processed in order to come
up with considerable judgment.
An effective way of developing the analytical skills needed in business is by

incorporating case analyses in the curriculum. Though the inclusion of cases, mostly in
Intermediate Accounting classes which is common in universities in the United States,
these cases have minor influence on the students grades. Studies showed that only 60%
do not incorporate any grade on cases when evaluating the students overall performance
(Dow & Feldmann, 1994).
In a study performed by Kealey, Holland, and Watson (2005), there was a significant
relationship between critical thinking and performance in a particular accounting subject,
which substantiates the need to develop the skill to reduce failure rates in class and to
gear students towards becoming future accounting professionals.
In 1999, the American Institute of Certified Public Accountants (AICPA) stressed that
critical skills aid to conjoin information from various disciplines. There exists the need to
strategize approaches, to adopt the strength-weakness-opportunity-threat (SWOT)
analysis in dealing with business problems, to maximize the use of resources, to apply the
concepts learned in other scenarios, and to analyze information relevant for decisionmaking. In a previous paper by AICPA (1997), it emphasized the use of the skill to be
directed towards the creation of measures and forms of assistance in helping businesses
improve their operations.
The development of analytical skills is highly related to the development of

communication skills, specifically writing. Though effective writing focuses on content,
it also involved compiling ideas, drafting outlines and analyzing the different aspects of
an issue. Thus, critical thinking should precede writing (Reinstein & Trebby, 1997).
Communication Skills
Communication skills involve both receiving and transmitting information and
concepts, including effective reading, listening, writing, and speaking (Burnett, 2003).
Additionally, the skills should not be limited to the understanding of the communication
theory, preparation of business correspondences, and the presentation of reports (Maupin
& May, 1993).
Several related studies suggest that communication skills should be an application of

the theory in emphasizing ideas, in observing good writing conventions (Danziger, 1997),
in organizing the flow of thought, the observance of the 7 Cs of Communication
(correctness, conciseness, clarity, completeness, concreteness, consideration, and
courtesy), the use of standard English, the awareness of the purpose of writing, and the
appropriateness of the writing for readers (May and Menelaides, 1993).
Communication skills play a very important role in the development of an accounting

professional. These skills are required of accountants to transfer information easily and
defend views to clients and peers (Reinstein & Trebby, 1997). However, recent studies
indicate that there is a problem with regard to the development of communication skills
of accounting students. This can be attributed to the inclusion of only one writing course
in the accounting curriculum and the nave exposure of educators to different types of
writing activities by CPAs (Sriram and Coppage, 1992).
In a related study conducted by Hussain, Al-Darayseh, & D Ouville (1994), a large

chunk of firms are dissatisfied with the undergraduates because of oral-written
communication problems. In addition to this, the firms stressed the importance of
intensifying the accounting curriculum by integrating more oral-written communication
courses and information technology courses towards a more enhanced academic
preparation of the students. Others suggested the inclusion of a fifth year in the
accounting curricula to meet the needs of harnessing communication skills (Anonymous,
1982). Furthermore, Sutherland (2004) suggests the inclusion of exercising integrity in
communication, particularly in written communication, where plagiarism can be the last
resort for students who are not oriented to the best writing practices in the profession.
Reinstein and Trebby presented techniques in improving the students writing skills by
requiring them to submit term papers and cases. Term papers require students to resolve
an accounting issue with carefully researched arguments. Students were also required to
develop from the professors own experiences, course textbooks, seminars and previous
examinations. Students were also encouraged in class participations to develop their oral
communication skills.
Research skills
Research skills include the ability to locate, obtain and organize information to be able
to solve the problem on hand (Burnett, 2003).
AICPA (2004), in its publication AICPA Core Competency Framework for Entry
into the Accounting Profession, states that research skills are important to those who
will enter the accountancy profession. It adds that the skills are useful for CPAs to access
relevant guidance or other information and be able to understand and apply it. Moreover,
the elements of good research skills include the employment of relevant research skills,
the identification and access to relevant information, the ability to evaluate various
sources of data, and the ability to resolve conflicts with regards to the data.
The Philippine CHED (2006) agreed to this advocacy, evidenced by the issuance of
the Revised Minimum Circular Requirements for Bachelor of Science in Accountancy.
Schools of Accountancy are encouraged to undertake research activities in order to
improve teaching methodology, education, and accounting practices in the country.
Khani, Edwards, Read, Pope, and Freeman (1994) articulated ways on how they
prepared their accounting students as they face the work place. These professors required
students to find real-business problems and design a game plan in solving these problems.
Some of them asked students to analyze financial reports and to integrate macroeconomic
factors in their financial studies while others balance accounting theory with illustrations
of the real-world accounting practice. Since the development of research skills rests with
the students ability to gather, organize, assimilate data and present results of the
research, they encouraged their students to maximize the use of resources and apply all
the things learned in accounting classes in harnessing their research skills.
Despite the struggles being faced by the academic world of accounting, academicians
have placed high hopes in reforming the accounting education. Williams (1993) presents
that accounting education, because of its dynamic nature, should be transformed into a
program that would integrate all facets of accounting, business and general education into
the study and practice of accounting. Moreover, other than developing only the technical
skills, accounting education must also develop and upgrade the non-technical skills,
particularly the analytical, communication, and research skills. These, in turn, would
result to producing competent graduates and highly qualified CPAs ready to face the
challenges in the practice of the profession.
1.3
STATEMENT OF THE PROBLEM
In line with the need to determine perceptions of Accountancy teachers and BSA
students of DLSU regarding the extent of the development of the analytical,
communication, and research (ACR) skills in the DLSU accountancy program, the
following research questions were formulated:
1. Is there significant correlation between the general evaluation on analytical skills

development in accounting education and :
1.1. Ability to evaluate and interpret financial data;
1.2. Ability to evaluate and interpret financial systems (e.g. internal control
system);
1.3. Ability to conclude and recommend based on analysis;
1.4. Problem solving;
1.5. Business cases;
1.6. Flow chart preparation;
1.7. On the job training;
1.8. Analysis of Strengths, Weaknesses, Opportunities and Threats (SWOT);
1.9. Design of theoretical questions discouraging memorization?
2. Are the following specific analytical skills developed/being developed in

accounting education and to what extent:
2.1
Ability to evaluate and interpret financial data;
2.2
Ability to evaluate and interpret financial systems (e.g. internal control

system);
2.3
Ability to conclude and recommend based on analysis;
2.4
Problem solving;
2.5
Business cases;
2.6
Flow chart preparation;
2.7
On the job training;
2.8
Analysis of Strengths, Weaknesses, Opportunities and Threats (SWOT);

and
2.9
Design of theoretical questions discouraging memorization.
3. In general, are analytical skills developed/being developed in the accounting

education? To what extent?
4. Is there significant correlation between general evaluation on communication

skills development in accounting education and:
4.1
Ability to verbally explain financial information;
4.2
Ability to explain in writing financial information;
4.3
Ability to ask clear and relevant questions;
4.4
Ability to communicate effectively one's points of views;
4.5
Ability to deliver powerful presentations;
4.6
Ability to persuade and convince others;
4.7
Graded recitation;
4.8
Reporting in class (e.g. presentation of business cases, and explaining

solutions to accounting problems);
4.9
Debates on accounting issues;
4.10
Open forum with lecturers and practitioners;
4.11
Written reports (e.g. business cases);
4.12
Writing essays as part of exam question;
4.13
Writing term papers;
4.14
Receiving feedback from teachers on business cases, research papers, and

other written requirements submitted;
4.15
Posture;
4.16
Facial expression;
4.17
Eye contact;
4.18
Personal appearance;
4.19
Mere listening;
4.20
Listening and taking notes at the same time;
4.21
Giving feedback (e.g. paraphrasing what was said, commenting, etc.)?
Are the following specific communication skills developed/being developed in

5.1
5.2
5.3
5.4
5.5
5.6
5.7
Graded recitation;
5.8

5.9
5.10 Open forum with lecturers and practitioners;
5.11 Written reports (e.g. business cases);

5.12 Writing essays as part of exam question;
5.13 Writing term papers;
5.14 Receiving feedback from teachers on business cases, research papers, and
5.15
Posture;
5.16
Facial expression;
5.17
Eye contact;
5.18
5.19
Mere listening;
5.20
Listening and taking notes at the same time; and
5.21
Giving feedback (e.g. paraphrasing what was said, commenting, etc.)?
6. In general, is communication skills developed/being developed in accounting

education? To what extent?
7. Is there significant correlation between the general evaluation on research skills

development in accounting education and:
7.1
Basic and applied research;
7.2
Business cases;
7.3
Industry studies;
7.4
Feasibility studies;
7.5
Reference to other text materials;
7.6
Taking a formal course on research methodology (separate subject/course);
7.7
Awareness on the nature, impact, and consequence of plagiarism;
7.8
Ability to link data, knowledge, and insights gathered from various sources?
8. Are the following specific research skills developed/being developed in

8.1
8.2
Business cases;
8.3
Industry studies;
8.4
8.5
8.6
Taking a formal course on research methodology (separate subject/course);
8.7
Awareness on the nature, impact, and consequence of plagiarism; and
8.8
Ability to link data, knowledge, and insights gathered from various sources?
9. In general, is research skills developed/being developed in accounting education?

To what extent?
10. Is there significant correlation between the Mandatory Continuing Professional

Education and:
10.1
General evaluation for analytical skills development;
10.2
General evaluation for communication skills development;
10.3
General evaluation for research skills development?
11. Is there significant correlation between the notion that ACR skills are developed
more through own experience rather than classroom learning and:
11.1
11.2
11.3
12. Is there significant correlation between De La Salle University, specifically the

Accountancy Departments ACR skills development of its accountancy students
and
12.1
12.2
12.3
13. Is there a need to rank ACR skills in the order of importance?
1.4
STATEMENT OF RESEARCH OBJECTIVES
General
This study aims to determine the perceptions of accountancy teachers and BSA
students of DLSU regarding the extent of the development of the analytical,
communication, and research skills in the DLSU accountancy program.
Specific
In examining closely the perceptions of DLSU Accountancy faculty and BSA
students, this study specifically aims:
1. To determine if there is significant correlation between the general evaluation on

analytical skills development in accounting education and:
1.1
1.2
system);
1.3
1.4
Problem solving;
1.5
Business cases;
1.6
1.7
1.8
1.9
2. To determine if the following specific analytical skills are developed/being

developed in accounting education:
2.1
2.2

system);
2.3
2.4
Problem solving;
2.5
Business cases;
2.6
2.7
2.8

and
2.9
3. To determine if analytical skills in general are developed/being developed in

accounting education.
4. To determine if there is significant correlation between general evaluation on

communication skills development in accounting education and:
4.1
4.2
4.3
4.4
4.5
4.6
4.7
Graded recitation;
4.8

4.9
4.10
Open forum with lecturers and practitioners;
4.11
Written reports (e.g. business cases);
4.12
Writing essays as part of exam question;
4.13
Writing term papers;
4.14

4.15
Posture;
4.16
Facial expression;
4.17
Eye contact;
4.18
4.19
Mere listening;
4.20
Listening and taking notes at the same time;
4.21
Giving feedback (e.g. paraphrasing what was said, commenting, etc.).
5. To determine if the following specific communication skills are developed/being

5.1
5.2
5.3
5.4
5.5
5.6
5.7
Graded recitation;
5.8

5.9
5.10 Open forum with lecturers and practitioners;

5.11 Written reports (e.g. business cases);
5.12 Writing essays as part of exam question;
5.13 Writing term papers;
5.22
Posture;
5.23
Facial expression;
5.24
Eye contact;
5.25
5.26
Mere listening;
5.27
Listening and taking notes at the same time; and
5.28
Giving feedback (e.g. paraphrasing what was said, commenting, etc.).
6. To determine if communication skills in general are developed/being developed in

7. To determine if there is significant correlation between the general evaluation on

research skills development in accounting education and:
7.1
7.2
Business cases;
7.3
Industry studies;
7.4
7.5
7.6
Taking
formal
course
on
research
methodology
(separate
subject/course);
7.7
7.8
Ability to link data, knowledge, and insights gathered from various

sources.
8. To determine if the following specific research skills are developed/being

8.1
8.2
Business cases;
8.3
Industry studies;
8.4
8.5
8.6
Taking
formal
course
on
research
methodology
(separate
subject/course);
8.7
8.8

sources.
9. To determine if research skills in general are developed/being developed in

10. To determine if there is significant correlation between the Mandatory Continuing

Professional Education and:
10.1
10.2
10.3
General evaluation for research skills development.
11. To determine if there is significant correlation between the notion that ACR skills
are developed more through own experience rather than classroom learning and:
11.1
11.2
11.3
12. To determine if there is significant correlation between De La Salle University,

specifically the Accountancy Departments ACR skills development of its
accountancy students and
12.1
12.2
12.3
13. To determine if there is a need to rank ACR skills in the order of importance.
1.5
SCOPE AND LIMITATIONS OF THE STUDY
This paper shall cover the perceptions of DLSU BSA students currently enrolled
during the third trimester of school year 2005-06 as well as Accountancy Faculty
members with teaching loads during the said trimester.
In the conduct of this research, the following limitations were set:

1. Despite the need to develop skills other than analytical, communication and
research, to attain quality accounting education, the study was limited to these
three skills only due to the emphasis placed by literature on these skills.
2. The study is limited to the perceptions of BSA students and Accountancy faculty
members on the development of ACR skills.
3. The study did not include DLSU BSA alumni due to non-availability of contact
information.
4. Though a focused group discussion was conducted with the accounting
practitioners regarding their perceptions on the development of ACR skills, the
study was only made to get general information and opinion of practitioner to
verify aspects of related literature. Practitioners were not included as the study is
limited only to those directly involved in accounting education, specifically
students and teachers.
5. The students who were subjected to the pilot testing of the survey questionnaire
may also be selected for the actual survey due to random sampling. The teachers
who were helpful in the pilot testing of the survey questionnaire will be surely
being selected to answer the revised and final survey questionnaire due to
purposive sampling.
CHAPTER 2
THEORETICAL FRAMEWORK
2.1
ASSUMPTIONS OF THE STUDY
This study is aimed at determining the development of analytical, communication and

research skills in the accounting education as perceived by the DLSU accountancy
students and faculty members. Prior to the actual conduct of the study, the following
assumptions were posed:
1. The development of analytical, communication and research skills in the
accounting education are necessary to produce competent graduates and
successful professionals;
2. Technical skills and other skills are already inherent or developed among
accountancy students;
3. Both students and faculty members are involved in the development of analytical,
communication and research skills;
4. Incoming college students already possess a certain degree of ACR skills and
these skills shall be further developed in the accounting education;
5. No cause-effect relationship is assumed between perceptions of students and
teachers and between ACR skills in general and the sub-skills; and
6. Academic institutions incorporate in their accountancy programs the importance
of developing the ACR skills.
2.2
HYPOTHESES OF THE STUDY
The following hypotheses will be tested:
Null Hypotheses (Ho)
Ho1: The general evaluation on analytical skills development in accounting education has
no significant correlation with:
1.1
Ability to evaluate and interpret financial data
1.2

system)
1.3
Ability to conclude and recommend based on analysis
1.4
Problem solving
1.5
Business cases
1.6
Flow chart preparation
1.7
On the job training
1.8
Analysis of Strengths, Weaknesses, Opportunities and Threats (SWOT)
1.9
Design of theoretical questions discouraging memorization
Ho2: The following specific analytical skills are not developed/being developed in
accounting education:
2.1
2.2

system)
2.3
2.4
Problem solving
2.5
Business cases
2.6
2.7
On the job training
2.8
2.9
Ho3: Analytical skills in general are not developed/being developed in accounting

education.
Ho4: The general evaluation on communication skills development in accounting

education has no significant correlation with:
4.1
Ability to verbally explain financial information
4.2
Ability to explain in writing financial information
4.3
Ability to ask clear and relevant questions
4.4
Ability to communicate effectively one's points of view
4.5
Ability to deliver powerful presentations
4.6
Ability to persuade and convince others
4.7
Graded recitation
4.8

solutions to accounting problems)
4.9
Debates on accounting issues
4.10
Open forum with lecturers and practitioners
4.11
Written reports (e.g. business cases)
4.12
Writing essays as part of exam question
4.13
Writing term papers
4.14

other written requirements submitted
4.15
Posture
4.16
Facial expression
4.17
Eye contact
4.18
Personal appearance
4.19
Mere listening
4.20
Listening and taking notes at the same time
4.21
Giving feedback (e.g. paraphrasing what was said, commenting, etc.)
Ho5: The following specific communication skills are not developed/being developed in
5.1
5.2
5.3
5.4
Ability to communicate effectively one's points of views
5.5
5.6
5.7
Graded recitation
5.8

5.9
5.10 Open forum with lecturers and practitioners

5.11 Written reports (e.g. business cases)
5.12 Writing essays as part of exam question
5.13 Writing term papers
5.15
Posture
5.16
Facial expression
5.17
Eye contact
5.18
Personal appearance
5.19
Mere listening
5.20
5.21
Ho6: Communication skills in general are not developed/being developed in accounting

education.
Ho7: The general evaluation on research skills development in accounting education has
no significant correlation with:
7.1
Basic and applied research
7.2
Business cases
7.3
Industry studies
7.4
Feasibility studies
7.5
Reference to other text materials
7.6
Taking a formal course on research methodology (separate subject/course)
7.7
Awareness on the nature, impact, and consequence of plagiarism
7.8

sources
Ho8: The following specific research skills are not developed/being developed in
8.1
8.2
Business cases
8.3
Industry studies
8.4
Feasibility studies
8.5
8.6
8.7
8.8

sources
Ho9: As perceived by DLSU Accountancy students and faculty members, research skills
in general are not developed/being developed in accounting education.
Ho10: The Mandatory Continuing Professional Education has no significant correlation

with:
10.1
General evaluation for analytical skills development
10.2
General evaluation for communication skills development
10.3
Ho11: There is no significant correlation between the notion that ACR skills are developed
11.1
11.2
11.3
Ho12: There is no significant correlation between De La Salle University, specifically the

Accountancy Departments ACR skills development of its accountancy students and
12.1
12.2
12.3
Ho13: There is no need to rank ACR skills in the order of importance.
Alternative Hypotheses (Ha)
Ha1: The general evaluation on analytical skills development in accounting education has
significant correlation with:
1.1
1.2

system)
1.3
1.4
Problem solving
1.5
Business cases
1.6
1.7
On the job training
1.8
1.9
Ha2: The following specific analytical skills are developed/being developed in accounting
education:
2.1
2.2

system)
2.3
2.4
Problem solving
2.5
Business cases
2.6
2.7
On the job training
2.8
2.9
Ha3: Analytical skills in general are developed/being developed in accounting education.
Ha4: The general evaluation on communication skills development in accounting

education has significant correlation with:
4.1
4.2
4.3
4.4
4.5
4.6
4.7
Graded recitation
4.8

4.9
4.10
Open forum with lecturers and practitioners
4.11
Written reports (e.g. business cases)
4.12
Writing essays as part of exam question
4.13
Writing term papers
4.14

4.15
Posture
4.16
Facial expression
4.17
Eye contact
4.18
Personal appearance
4.19
Mere listening
4.20
4.21
Ha5: The following specific communication skills are developed/being developed in

5.1
5.2
5.3
5.4
5.5
5.6
5.7
Graded recitation
5.8

5.9
5.10 Open forum with lecturers and practitioners
5.11 Written reports (e.g. business cases)

5.12 Writing essays as part of exam question
5.13 Writing term papers
5.29
Posture
5.30
Facial expression
5.31
Eye contact
5.32
Personal appearance
5.33
Mere listening
5.34
5.35
Ha6: Communication skills in general are developed/being developed in accounting

education.
Ha7: The general evaluation on research skills development in accounting education has
significant correlation with:
7.1
7.2
Business cases
7.3
Industry studies
7.4
Feasibility studies
7.5
7.6
7.7
7.8

sources
Ha8: The following specific research skills are developed/being developed in accounting
education:
8.1
8.2
Business cases
8.3
Industry studies
8.4
Feasibility studies
8.5
8.6
8.7
8.8
sources
Ha9: Research skills in general are developed/being developed in accounting education.
Ha10: The Mandatory Continuing Professional Education has significant correlation with:
10.1
10.2
10.3
Ha11: There is significant correlation between the notion that ACR skills are developed
11.1
11.2
11.3
Ha12: There is significant correlation between De La Salle University, specifically the

Accountancy Departments ACR skills development of its accountancy students and
12.1
12.2
12.3
Ha13: There is a need to rank ACR skills in the order of importance.
2.3
OPERATIONAL DEFINITIONS
Presented below are the important terms are used in this study:
1. Accountancy is the measurement, disclosure or provision of assurance about
information that helps managers and other decision makers make resource
allocation decisions.
2. Accounting education is a systematic process aimed at developing accounting
knowledge, skills, and other capabilities within individuals.
3. Analytical skills pertain to the ability of a person in identifying and solving

unstructured problems in unfamiliar settings and exercising judgments based on
the comprehension of unfocused set of facts (Burnett, 2003).
4. Bachelor of Science in Accountancy (BSA) is a college level accounting degree
program set forth in the Philippine Accountancy Act of 2004 and in CHED
Memorandum Order No. 26, Series of 2006.
5. Communication skills involve both receiving and transmitting information and
concepts, including effective reading, listening, writing and speaking (Burnett,
2003).
6. Continuing Professional Education (CPE) is the requirement for Certified
Public Accountants for updates and furtherance of learning related to the
accounting profession set forth in the Philippine Accountancy Act of 2004.
7. Essay writing is an analytic, interpretative, or critical literary composition,
usually dealing with its subject from a limited and often personal point of view.
8. Faculty is a collective noun for the academic staff of a college or a university:
professors, lecturers, or instructors. The terms faculty, faculty members, and
teachers are interchangeable for purposes of this research. The teachers or
faculty members in this study shall refer to Accountancy teachers, whether parttime or full-time, unless otherwise stated.
9. On-the-job training refers to the acquisition of knowledge, skills, and attitudes
as a result of the teaching of vocational or practical skills and knowledge that
relate to specific useful skills which is concerned with workplace learning to
improve performance.
10. Plagiarism occurs when a writer deliberately uses someone else's language,
ideas, or other original (not common-knowledge) material without acknowledging
its source (Sutherland, 2004).
11. Problem solving is defined as higher-order cognitive process that requires the
modulation and control of more routine or fundamental cognitive skills.
12. Research skills include the ability to locate, obtain and organize information to
be able to solve the problem on hand (Burnett, 2003).
13. Student refers to the person attending class in a college or university. The term
students used in this paper shall refer to Accountancy or BSA students, unless
otherwise stated.
2.4
CONCEPTUAL FRAMEWORK
Based on information gathered from previous studies, success in the accountancy

profession requires analytical, communication and research skills. These skills will serve
as measures in determining the quality of todays accounting graduates as perceived as
accounting educators.
The need for upgrading the knowledge and skills in accounting requires the
involvement of both faculty and students. According to Levine and Wright (1987),
faculty members should first possess the current knowledge about the subject, in addition
to their interest in teaching the subject. They should also recognize individual differences
of students towards learning.
Therefore, their teaching methods should encourage
students to learn more. Examples include harnessing their verbal communication skills,
utilization of modern business problems, effective utilization of multimedia aids, and
demanding, yet encouraging performance standards.
The methods should be intellectually stimulating, to train students to use their

analytical skills. Additional learning activities such as text-lecture-homework
relationships should be complemented with the development of research skills in order to
foster the need of maximizing all the learning resources found within and outside the
school. Lastly, teachers should develop and maintain their professional character.
Students, on the other hand, should show their interest in the subject matter. They
should be responsible in accomplishing all school work and should see to it that they
learn while doing their home works and other projects. Students should avoid tardiness or
absences, when possible, in order not to miss important lectures and activities involving
class participation. Students should develop a positive learning behavior towards their
studies, as it would be useful for them as they embark towards their professional career.
With all these expectations from both faculty and students, it can be inferred that a
more stimulating learning environment will be created, hence, expected to contribute to
the improvement and betterment of the quality of education, particularly in accounting.
The AICPA Framework for Accounting Education harnesses the expectations from
both faculty and students (Anonymous, 2001). Combining both perspectives of Levine
and Wright (1987) and AICPA, Figure 1 presents these expectations for a quality
accounting education framework:
Figure 1
Conceptual Framework for a Quality Accounting Education
I
N
D
E
P
E
N
D
E
N
T
V
A
R
I
A
B
L
E
S
2.5
FUNCTIONAL
COMPETENCIES:
Analytical Skills,
Technological
Adeptness
PERSONAL
COMPETENCIES:
Leadership,
Communication
skills, ProblemSolving, Decision
Making
BROAD
BUSINESS
COMPETENCIES:
Critical Thinking,
Client-Focused,
Global
Perspective
INVOLVEMENT OF
BOTH FACULTY AND
STUDENTS
QUALITY ACCOUNTING
EDUCATION LEADING
TO COMPETENT
GRADUATES AND
SUCCESSFUL
PROFESSIONALS
DEPENDENT VARIABLE
OPERATIONAL FRAMEWORK
Figure 2 shows the operational framework of the study. This study aims to provide
insight to the development of ACR skills, as perceived by De La Salle University
Accountancy students and faculty members.
Figure 2
Operational Framework
Independent Variables
Analytical skills
Communication skills
Research skills
Dependent Variable
Development of ACR skills
in Accounting Education
Intervening Variable
De La Salle University (Perception of
Accountancy students and Faculty Members)
The operational framework is considered this investigations functional and workable

model. The dependent variables that are being investigated are the ACR skills and subskills which will be analyzed and correlated with the independent variable, i.e. the
general development of ACR skills in accounting education.
These two variables
however are impinged by the perceptions of BSA students and faculty members.
CHAPTER 3
RESEARCH METHODOLOGY
3.1
RESEARCH DESIGN
This study utilized a descriptive research design, aimed at determining the similarities
and differences of student and teacher perceptions on the development of analytical,
communication and research skills in Accounting education.
3.2
SAMPLING PLAN
Student population and sample size

Through the My.LaSalle website, class lists of accounting subjects exclusively offered
to BSA students were downloaded to determine the student population. The population
excluded the subjects with invalid subject codes. The presumption is that the students
will not be able to enroll on these subjects since they were rendered as invalid.
The student population was grouped into five strata, namely freshmen, sophomores,
juniors, seniors and terminal. Freshmen or first-level students included those with ID
numbers 105. Sophomores or second-level students included those with ID numbers 104.
Juniors or third-level students included those with ID numbers 103. Seniors or fourthlevel students included those with ID numbers 102 and terminal level students or those
with ID numbers 101 and below. The total student population based on these class lists
totaled 502.
The sample size was computed using the formula shown below at 95% confidence
interval and .05 sampling error.
Nz/22 (p) (1-p)
n = ___________________________
NE2 + z /22 (p) (1-p)
502(1.96)2 (0.5) (0.5)

__________________________
502(.05)2 + (1.96)2 (0.5) (0.5)
218
The stratified sampling was used to ensure that each year level was represented in the
sample. Table 1 below shows the population for each stratum, and the proportional
allocation for the entire BSA population.
Table 1
Sample size allocation among the different year levels of BSA students in De La Salle
University
Year Level
First
Second
Third
Fourth
Other
TOTAL
Stratum
Size (N)
206
50
76
115
55
502
Percentage
Distribution
40.83%
10.09%
15.14%
22.94%
11.00%
100.00%
No. of
Students
Sampled (n)*
89
22
33
50
24
218
The respondents for each stratum were identified through random sampling.
Teacher population
The population of DLSU Accountancy Faculty was determined by obtaining a copy of
the faculty plantilla from the department.
Currently, there are 15 full-time faculty
members and 11 part-time faculty members.
To enhance objectivity, two faculty
members who are members of the research group conducting this study were excluded in
the teacher population, thereby, reducing the teacher population to 14 full-time and 10
part-time faculty members.
Given the small number of faculty members of the Accountancy Department, the
requirements for the Central Limit Theorem cannot be obtained. Thus, the researchers
decided to survey the entire population to form a more reasonable conclusion.
3.3
METHOD OF DATA COLLECTION
The primary data collection method was employed to gather the needed facts and
figures to complete the research.
The most common technique of using survey
questionnaires was utilized to address the studys hypotheses and objectives. It was
partially formulated by conducting focused group discussions (FGD) with teachers,
students and practitioners. FGD guides were devised and the researchers set different
schedules to conduct the discussions separately for each of the three groups. Using the
results from the FGD and combining these with related literature data supporting the
study, the final questionnaire was outlined.
The survey questionnaire was divided into five parts. Section 1 addressed the profile
of the respondents. Questions on analytical, communication and research skills were
tackled on Sections 2 to 4.
Section 5 discussed other matters such as Continuing
Professional Education (CPE) and the relationship between classroom learning and work
experience. It also tackled the overall assessment of the students and faculty members
perceptions on the developments of the analytical, communication and research skills.
The survey questionnaires were personally handed out to faculty members of the
Accountancy Department. The researchers also sought their assistance in distributing the
survey questionnaires to the selected students. Completed survey questionnaires by the
faculty members were personally returned to any member of the group while completed
survey questionnaires answered by the students were first collected by their respective
accounting professors and forwarded to the researchers for tallying.
3.4
METHOD OF DATA ANALYSIS

The study made use of the Statistical Package for Social Sciences (SPSS), a statistical
software for data analysis suitable for designed experiments, regression problems,
correlation analysis, and other statistical capabilities (Edralin, 2002).
In order to investigate and answer the hypotheses presented in the study, the data
obtained from the students and faculty members were analyzed and summarized
according to type (numerical) and level of measurement (ordinal) using bivariate
correlations. Responses were assigned numerical values using a Likert-type scale to
measure the degree of ACR skills development based on the perceptions of respondents.
Responses related to the development of ACR skills were scaled according to the
following:
5 Agree, it is FULLY developed
4 Agree, it is CONSIDERABLY developed/being developed
3 Agree, it is MODERATELY developed/being developed
2 Agree, it is SLIGHTLY developed/being developed
1 Disagree, it is NOT developed/being developed
0 No answer
Correlation was done using Spearman Rank Correlation to measure the variables on
an ordinal scale. The researchers correlated each general evaluation statement per skill to
survey items related to the specific skill. In addition, to determine the extent of
development of each item to the specific skill, the mean responses for both Accountancy
students and faculty members were computed and tallied.
Any difference in the correlation coefficients for both Accountancy students and
faculty members can be attributed to the sampling size. In this research, smaller
correlation for students can be statistically significant because the number of randomly
selected student respondents is large. In contrast, because of the small sample size of the
teachers, a much larger correlation may be needed to achieve statistical significance.
However, despite the small sample size of teachers, it represents 100% of the faculty
members teaching in the current term.
The correlation coefficients obtained from both faculty and students were analyzed
independently and conclusions were drawn only within each group. The results were used
to accept or reject the null hypotheses specifically to prove that ACR skills are being
developed in the accounting education.
CHAPTER 4
RESULTS AND DISCUSSION
This study was conducted in order to determine whether there are significant
correlations
between
general
evaluation
in
the
development
of
analytical,
communication, and research skills in accounting education and each of the specific
items under each skill. Additionally, the study seeks to answer the extent of development
of these ACR skills in accounting education.
Specifically, the survey focused on Accountancy students and faculty members of

DLSU to get their perceptions on several skills development questions and to rank these
according to the following:
5 Agree, it is FULLY developed
4 Agree, it is CONSIDERABLY developed/being developed
3 Agree, it is MODERATELY developed/being developed
2 Agree, it is SLIGHTLY developed/being developed
1 Disagree, it is NOT developed/being developed
If the item was not answered, whether intentionally or otherwise, a zero (0) value was
assigned.
There were a total of 236 survey respondents of which 212 were students and 24 were
teachers. Their profile and the results of the survey were analyzed as follows:
Table 2
Demographics of Respondent Accountancy Students
Group
Gender
Male
Female
Agea
15-17
18-20
21-23
Over 23
Course
BSA
AE-BSA
LIA-BSA
Others
Deans Listerb
Yes
No
With accounting subject
in high schoolc
Yes
No
N
1st year
2nd year
3rd year
4th year
Terminal
Total
25
64
8
14
9
24
13
31
6
18
61
151
56
31
1
2
19
32
1
30
14
32
1
31
10
3
11
9
3
1
163
39
8
2
22
58
112
38
1
69
18
1
1
20
2
42
47
5
16
19
14
8
35
1
23
75
135
40
48
9
13
12
21
18
26
6
18
85
126
89
22
33
44
24
212
Note. aOne first year student and two terminal students gave no answer. bOne second year student and one
c
fourth year student gave no answer. One first year student gave no answer.
Table 2 summarizes the profile of Accountancy students who were randomly picked
as respondents to the survey questionnaires. Seventy one percent of the respondents were
females as opposed to 29% males and more than half of them are 18 to 20 years old.
Majority of them are purely BSA students and approximately 35% are deans listers. A
marginally high percentage reported having taken at least one accounting subject during
high school.
Table 3
Demographics of Respondent Accountancy Teachers
Group
Part-time
Faculty
Full-time
Faculty
Total
7
3
4
10
11
13
3
3
1
3
3
3
5
3
6
6
6
6
2
1
2
12
Gender
Male
Female
Age
21-30
31-40
41-49
Over 50
Ranka
Assistant Lecturer
Assistant Professor
Guest Lecturer
Associate Professor
Lecturer
Instructor
Educational attainment
Bachelor
Masteral units
Master
Doctoral units
Doctorate
Number of years teaching
01-10 years
11-20 years
21-30 years
Over 30 years
Accounting subjects being taught - method
of teaching
Traditional method only
Modular method only
Combination of traditional and modular
6
1
3
Nb
10
2
13
2
1
3
1
1
7
5
1
2
5
10
6
1
1
3
2
4
3
1
7
2
7
4
3
14
6
3
1
3
11
9
1
14
14
24
Note. aTwo part-time faculty members did not give answer. bTotal number of faculty members
representing 100% of the population.
With the use of random sampling, bias was avoided. All students had equal chances
of being chosen and to further ensure that each year level was well-represented, stratified
sampling using Probability Proportional to Size method was used.
A total of 218
students were chosen to comprise the sample size and only 212 were collected and
considered valid. The sample size provided for a 95% confidence level with a margin of
error of 0.05. The data gathered as well as the resulting analysis may best be described as
highly representative sample of the population.
Table 3 provides the summary profile of Accountancy faculty members currently
teaching (3rd term, SY 2005-2006) accounting subjects. It appears that there are more
male part-time teachers and more female full-time teachers. Faculty members ages are
also evenly spread. Most of the teachers have already finished their master degree and
about 60% have been teaching for 10 years or less. Also, as can be observed from the
data in the table, only one teacher uses the modular method of teaching while nine of
them still use the traditional method. However, majority of the teachers teach their
accounting subjects using either traditional or modular method.
There may be a
possibility that the method of teaching may affect teachers perception on the
development of ACR skills.
The purposive sampling, a non-probability sampling method, was used due to the
small population of faculty members of the Accountancy Department. The 24 teachers,
which excluded the two teachers who are members of the research group conducting this
study, are the most appropriate sources of data. Since the Central Limit Theorem cannot
be attained, all the teachers were included in the survey. Their responses may therefore
be treated as more than adequate to be able to answer the research questions focusing on
teachers perceptions and to form conclusions to meet the objectives of the research.
Table 4
Mean Responses of Students and Teachers on General Evaluation of ACR Skill
Skill (General Evaluation)
Analytical skills
Communication skills
Research skills
a
M
Students
3.59
3.07
3.88
Teachersb
3.62
3.42
3.71
n = 212. bN = 24.
As shown in table 4, all three skills evaluated in general are in between the ranges of
3.00 to 4.00. This may mean that both Accountancy students and faculty members
perceive that in the accounting education, the ACR skills are being developed. The
extent to which these are being developed are from moderate to considerable. Students
rank the research skills as the skill that is given the most emphasis in the development of
all three skills. Teachers also share the same view.
The mean responses may reinforce the belief that ACR skills are being developed in
accounting education as required by CHED Memorandum Order No. 26 in order to
produce competent professional accountants capable of making a positive contribution
over their lifetimes to the profession and society in which they work. (p. 3). With these
skills being developed in school, it is highly possible that accountancy graduates would
possess, on top of the required technical skills, equally important skills needed to pursue
a successful long-term professional accounting career. Furthermore, with the students
and the faculty perceiving the importance of developing ACR skills and the extent to
which these are being developed, it may help in designing methods of teaching and ways
of learning to make ACR skills be developed more extensively to help prepare

Accountancy students for CPA board examinations (AICPA, 2004).
Ranking the mean responses, both groups are in agreement. Most developed skill is
research, followed by analytical, and lastly, communications. CMO No. 26 strongly
emphasizes research skills development and schools of Accountancy are being
encouraged to undertake research and operate with a competent and qualified research
staff to produce scholarly outputs. The two groups perception that research skills are
more than considerably developed in accounting education may be in line with the
memorandum. However, it may be qualified as biased on the part of the two groups since
all respondents come from DLSU which considers itself a research university.
Although ranked as more or less moderately developed by both students and teachers,
communication skills development may still need enhancing. As Pearson (1995) pointed
out, a complete change in accounting curricula is not necessary, rather, teaching
methodologies may be revised to help students improve their communication skills. The
study by Hussain, Al-Darayseh, and DOuville (1994) supports the current trend of
employer dissatisfaction with regard to accountants perceived lack of communication
skills which can be equated with the moderately developed/being developed average
response of students and teachers alike.
Table 5
Spearman Correlation Coefficients for Analytical Skills with Mean Responses by Students
and Teachers
Item
rs______
S
Tb
a
_____ M_________
Sa
Tb
Problem solving
0.34**
0.20
4.51
4.71
Evaluate and interpret financial data

Business cases
Conclude and recommend based on
Analysis
Evaluate and interpret financial
systems
Design of theoretical questions
discouraging memorization
SWOT Analysis
On-the-job training
0.50**
0.36**
0.00
0.53*
4.10
3.98
4.29
4.13
0.40**
0.45*
3.61
4.08
0.25**
0.44*
3.60
3.50
0.41**
0.46*
3.51
3.79
0.24**
0.32**
0.12
0.05
0.30
-0.30
3.36
3.17
3.17
2.96
2.88
2.75
Note. Items correlated with General Evaluation of Analytical Skills Development. S = students; T =
Teachers.
a
n = 212. bN = 24.
*ip < .05. **p < .01.
Table 5 shows the correlation coefficients for each analytical skill sub-statement
correlated with general evaluation statement for analytical skills and the mean responses
of DLSU accountancy students and faculty members. As can be seen from the data in
table 5, using Spearman Rank Correlation (rs), the students perceive that the ability to
evaluate and interpret financial data is most highly correlated with the overall evaluation
of analytical skills according to rank.
For teachers, the use of business cases in
accounting courses is perceived to be the highest correlated analytical tool to develop

students analytical skills although correlation is significant only at the .05 level, 2-tailed.
It is surprising to note, however, using the mean responses of both students and teachers,
for they both share the same view that it is the application of problem solving in
accounting courses which is perceived to develop students analytical skills most

considerably.
BSA graduates are expected to possess intellectual skills, particularly analysis,

problem solving, and critical thinking (CHED, 2006). These can be demonstrated aptly
by having core knowledge in accounting and related areas. As perceived by students, the
tools to help develop analytical skill, except for on-the-job training, are highly and
significantly correlated to the generalization that analytical skills in accounting education
are being developed. In a study by Boldt (2001), she addresses the question whether
students possess the necessary accounting knowledge to become accounting experts. The
question may somewhat be answered by the significant correlation results and could
possibly mean that accounting education provides programs that help prepare students for
employment and give students some form of satisfaction with their education.
The teachers, in contrast, do not have the same level of agreement with students. Only
four analytical tools were significantly correlated and the significance was only at a 95%
level.
On the average, both groups listed and agreed on the top four analytical sub-skills as
considerably being developed in accounting education, namely, problem solving, ability
to evaluate and interpret financial data, use of business cases, and the ability to conclude
and recommend based on analysis. This reinforced the study of Dow and Feldmann
(1994) who called for incorporating case analysis as an effective way of developing the
analytical skills. CHED (2006) also highlighted the abilities to evaluate and interpret
financial data and to conclude and make recommendations, among others, as very
important skills that Accountancy graduates should possess.
Table 6
Spearman Correlation Coefficients for Communication Skills with Mean Responses by
Item
____
Sa
rs_______
Tb
0.23**
0.59**
3.87
4.13
0.29**
0.25
3.72
4.33
0.36**
0.20
3.67
4.29
0.25**
0.54**
3.67
3.75
0.36**
0.30
3.63
4.13
0.31**
0.35**
0.24**
0.30**
0.29
0.27
0.47*
0.66**
3.50
3.42
2.89
2.67
4.04
3.75
2.75
2.88
0.27**
0.13
4.29
4.33
0.38**
0.34
3.96
4.17
0.20**
0.30**
0.13
0.34
0.45*
0.66**
3.53
3.16
2.77
3.75
3.88
3.08
0.36**
0.44**
0.37**
0.40**
0.30
0.29
0.34
0.29
3.29
3.11
2.89
2.85
3.46
3.29
3.00
3.04
0.30**
-0.14
4.18
4.21
0.24**
0.38**
-0.13
0.36
3.81
3.76
3.46
4.13
M_______
Tb
Oral communication
Class reporting
Ask clear and relevant questions
Communicate effectively one's
points of views
Graded recitation
Verbally explain financial
information
Deliver powerful presentations
Persuade and convince others
Open forum
Written communication
Written reports
Explain in writing financial
information
Writing term papers
Receiving feedbacks
Writing essays
Non-verbal communication
Personal appearance
Eye contact
Facial expression
Posture
Listening
Listening and taking notes at the
same time
Mere listening
Giving feedback
Note. Items correlated with General Evaluation of Communication Skills Development. S = students; T =
Teachers.
a
n = 212. bN = 24.
*p < .05. **p < .01.
Table 6 shows the correlation coefficients for each communication skill sub-statement
(categorized according to type of communication) correlated with general evaluation
statement for communication skills and the mean responses of DLSU accountancy
students and faculty members. The students placed highly significant correlations in
ranking for all items under oral communication category. This may not be applicable for
teachers who rank debates on accounting issues, class reporting, and graded recitation as
top three statistically significant correlation items associated with general communication
skills evaluation. For written communication, students do not place any significance in
ranking for writing essays which is the complete opposite for teachers who appear to
have identified it as the most highly significant item in correlating with the general
development of communication skills. Again, the results are consistent that students place
high significance of correlation in ranking for all non-verbal communication skills to
general communication skills evaluation while accounting teachers do not place ranking
significance to any of the said skills. Students also place high significance of correlation
in ranking for all listening skill items whereas the teachers do not.
Accounting students perceived that writing reports and listening and taking notes at
the same time, on the average, are the only communication sub-skills considerably being
developed in accounting education and the rest are just slightly or moderately being
developed. On the other hand, teachers perceive most communication sub-skills are
either considerably being developed or moderately being developed. Only open forum
and debates on accounting issues are given the mean response of slightly being
developed.
Currently, high value is placed on communication skills in all disciplines. Prober

(2004) argues that most academic subjects already incorporate acquisition of
communication skills and educators prepare students for communication-oriented
classroom settings.
The correlation coefficients shown on table 6 may prove and
disprove his argument. This is so because based on the results of the student correlation,
most sub-skills are highly and significantly correlated with general evaluation on
communication skills. Conversely, the outcome of teacher correlation indicates only four
sub-skills are highly and significantly correlated.
The top oral communication sub-skill that is adequately developed was perceived by
both students and teachers to be class reporting while for written communication subskills, it is writing reports. Listening and taking notes at the same time tops both groups
choice of listening skills. These are in line with the Core Competency Framework for
Entry into the Philippine Accountancy Profession of the AICPA (2004). However, while
it is true that colleges keep the pipeline full of accounting graduates, it is not necessarily
true that accounting graduates have developed effective communication skills while in
college (Lon Addams, 1981). In line of the criticisms given out by employers on the
quality of graduates, there is apparently the need to further develop communication skills,
especially written and oral, during college years. It may be quite contradictory with the
mean responses of students and teachers. There may certain constraints that could factor
on why the groups responded, on the average, that communication skills are adequately
being developed. For one, DLSU operates on a trimestral basis which affects the design
of the course curricula. Having met the minimum requirement set by the Accountancy
Department may lead students to believe that they have adequately developed the skills.
Another reason can be that English subjects, technical and business writing,
communication arts, and related subjects are not exclusively controlled by the
Accountancy Department.
Table 7
Spearman Correlation Coefficients for Research Skills with Mean Responses by Students
and Teachers
Item
Awareness on nature, impact and
consequence of plagiarism
Reference to other school materials
Business cases
Ability to link data, knowledge and
Insights
___
Sa
rs______
Tb
___
Sa
M______
Tb
0.55**
0.34
4.21
3.67
0.55**
0.52**
0.49*
0.37
4.16
4.14
4.46
4.04
0.70**
0.47*
3.91
3.88
0.52**
0.61**
3.68
3.17
Formal course on research methodology
0.56**
0.56**
3.37
2.96
Industry studies
Feasibility Studies
0.46**
0.39**
0.63**
0.52**
2.98
2.83
2.92
2.63
Note. Items correlated with General Evaluation of Research Skills Development. S = students; T =
Teachers.
a
n = 212. bN = 24.
*p < .05. **p < .01.
Table 7 presents the correlation coefficients for each research skill sub-statement
correlated with general evaluation statement for research skills and the mean responses of
DLSU accountancy students and faculty members. Using Spearman rs, the students rank
the ability to link data, knowledge, and insights as highly correlated with the overall
evaluation of research skills development. According to teachers perception, industry
studies in accounting courses is the highest correlated research tool in helping develop
students research skills.
The mean responses indicate that awareness on nature, impact and consequence of
plagiarism is the students number one determinant of the extent of development of
research skills in accounting education Teachers, on the other hand, perceive that it is
reference to other school materials that is considerably being developed to promote
research skills in accounting education.
Gaining proficiency in research does not only mean knowing how to write research
paper but also going to the core of the topic. In todays fast-paced world, most businesses
have realized the importance of business research, especially as a corporate strategy
geared towards maintaining competitive advantage and attaining organizational
objectives more efficiently (Edralin, 2002).
Of the top three research sub-skills perceived by students as considerably developed in

the accounting education namely, awareness on nature, impact and consequence of
plagiarism, reference to other school materials, and business cases, only the last two are
considered by the Accountancy Department as considerably developed. The third one is
the ability to link data, knowledge and insights obtained from various sources.
While research skills are not specifically mentioned as part of the core competencies
in a framework presented by the Board of Accountancy, the CHED (2006), in its
Revised Minimum Curricular Requirements for Bachelor of Science in Accountancy,
emphasized the importance of such skills.
Table 8
Spearman Rank Correlation of General Evaluation Statements Correlated with
Mandatory Continuing Professional Education (CPE) and the Mean Responses by
General evaluation
(Skills development)
____
Sa
___
Sa
rs______
Tb
Analytical skills development
0.29**
0.33
4.04
4.13
Communication skills development
0.21**
0.00
3.67
3.96
Research skills development
0.21**
0.16
3.78
3.88
M______
Tb
Note. S = Students; T = Teachers.

a
n = 212. bN = 24.
*p < .05. **p < .01.
Table 8 summarizes the correlation output for Mandatory Continuing Professional

Education (CPE) correlated with general evaluation statement for each of the skills and
the mean responses of DLSU accountancy students and faculty members. Using
Spearman Rank correlation, each of the skills is highly significantly correlated at =
0.01. In the case of teachers, it appears that there is no significant correlation between
each of the three general evaluation skills development and the mandatory CPE. Both
students and teachers, however, are in concordance that mandatory CPE, on the average,
will help further develop each of the skills.
The Philippine Institute of Certified Public Accountants (2005) issued guidelines

mandating the continuing education program for all CPAs. This was in response to the
recently enacted Philippine Accountancy Act of 2004, requiring among others, that CPAs
shall continue updating knowledge with latest trends in the accountancy profession and at
the same time earn CPE credits to meet one of the requirements for the renewal of CPA
license. Because of this requirement, ACR skills are more likely to be developed even
after passing the licensure exam and will make the Filipino CPAs more globally
competitive.
Table 9
Spearman Rank Correlation of General Evaluation Statements Correlated with the
Notion that ACR Skills are Developed More Through Experience and the Mean
Responses by Students and Teachers
rs______
Tb
M _____
Tb
-0.01
0.13
3.63
4.08

0.14*
0.12
0.22
0.44*
4.10
3.37
3.96
3.58

a
n = 212. bn = 24.
*p < .05.
Table 9 summarizes the correlation coefficients for the variable that ACR skills are
developed more through own experience rather than classroom learning correlated with
general evaluation statement for each of the skills and the mean responses of DLSU
accountancy students and faculty members. Using Spearman rank correlation, only the
general evaluation for communication skills development and the general evaluation for
research skills development are significantly correlated according to the perceptions of

Accountancy students and Accounting teachers, respectively. By their mean responses, it
can be inferred that both students and teachers perceive all three skills are developed
highly through own experience than learned and taught inside classrooms.
The notion that ACR skills are developed more through experience than classroom
learning originated from the focused group discussion (FGD) not only with students but
also with practitioners. Although the correlation coefficient is significant only for
communication skills as perceived by students and research skills as perceived by
teachers, the mean responses of both groups still reinforced the belief, as can be seen in
their mean scores that range from 3.30 to 4.10.
Table 10 provides the correlation coefficients for overall opinion that DLSU,
specifically the Accountancy Department, helps develop the ACR skills of its
Accountancy students as correlated with general evaluation statement for each of the
skills and the mean responses of DLSU accountancy students and faculty members. The
two groups are completely in contrast with each other using Spearman rank correlation,
that is, Accountancy students signify a very high statistically significant correlation of all
three skills development while teachers do not appear to show any significant correlation.
Using mean responses, the teachers may have the tendency to overstate their rating of the
extent of skills development by the DLSU Accountancy Department to their students,
especially on analytical and communication skills development. The students seem to be
more conservative in rating the extent they are being helped by the said department in
developing the three skills.
Table 10
Spearman Rank Correlation of General Evaluation Statements correlated with the
Opinion that De La Salle University, specifically the Accountancy Department helps
develop the ACR skills of Accountancy Students and the Mean Responses by Students and
Teachers
General Evaluation
____
Sa
___
Sa
rs____
Tb
0.35**
0.23
4.21
4.38

0.25**
0.55**
0.31
0.60
3.50
3.46
4.33
3.75
M_____
Tb

a
n = 212. bN = 24.
**p < .01.
CHED Memorandum Order No. 26 prescribes that schools of Accountancy maintain

the standards of accounting education in the Philippines comparable to global
perspective. The program of accounting education is expected to go beyond the
traditional norms of instruction, thereby increasing the emphasis for professionalism,
ethics, attitude, and adaptation to constant change. Based on the perceptions of both
students and faculty, it can be inferred that accountancy students can meet the demands
of the profession.
Table 11
Students Opinion on Reasons of Underdevelopment of ACR Skills of Accountancy
Students
Multiple Responsea
Time constraints hamper the development of the
Skills
Students aim to get passing marks only
There is no clear orientation on the development
of ACR skills
Program is geared towards passing the CPA
Board exam
Students do not maximize the use of school
facilities to support development of ACR skills
Communication skills development is not
specifically part of the accountancy curriculum
There is no formal course/subject on research.
There is no formal course/subject on academic or
technical writing.
Research skills development is specifically part
of the accountancy curriculum
Analytical skills development is not specifically
part of the accountancy curriculum
Others
Total
Note. 11 missing cases.
a
Count
% of
responses
% of
cases
Rank
156
18
78
143
17
71
110
13
55
105
12
52
101
12
50
79
39
53
26
43
21
24
12
23
11
10
16
11
853
100
424
n = 201.
Table 11 reveals that the number one reason according to students why the ACR skills
are not being developed or adequately being developed is that time constraints hamper
the development of skills. This accounts for 78% of the total respondents. Only 11 out
of 212 student respondents did not give any answer to this survey question. It is probable
that the 11 students may have perceived that ACR skills are already developed or
adequately being developed among Accountancy students.
It is a known fact that DLSU operates on a trimestral system. This means that for a 3unit subject, only 42 hours is allotted, as compared to universities under semestral basis,
which is approximately 54 hours per term. This 12-hour difference could have been
utilized to further develop the ACR skills. Moreover, the students may have perceived
that the structure of the modular program deterred the full development of the skills. This
was supported with the focused group discussion with the students.
Table 12
Teachers Opinion on Reasons of Underdevelopment of ACR Skills of Accountancy
Students,
Multiple Responsea
Students do not maximize the use of school
facilities to support development of ACR skills
Students aim to get passing marks only
Time constraints hamper the development of the
Skills
There is no clear orientation on the development
of ACR skills
Program is geared towards passing the CPA
Board exam
There is no formal course/subject on research.
Communication skills development is not
specifically part of the accountancy curriculum
There is no formal course/subject on academic or
technical writing.
Research skills development is specifically part
of the accountancy curriculum
Analytical skills development is not specifically
part of the accountancy curriculum
Total
Note. 4 missing cases.
a
n = 20.
Count
% of
responses
% of
cases
Rank
17
18
85
16
16
80
14
14
70
14
14
70
13
13
65
40
30
30
20
10
99
100
495
Table 12 shows that Accountancy teachers perceive the number one factor why the
ACR skills of students are not being developed or adequately being developed is because
students fail to maximize the use of school facilities to help improve their ACR skills. It
is surprising to note that one teacher perceive that analytical skill is not adequately being
developed because it is not specifically part of the accountancy curriculum. With the
limited data available, as only 20 out of 24 teacher respondents answered this survey
item, it is possible that teachers, having facilitated classroom learning, expect students to
excel the effort in completing the learning process. It is also highly likely that four
teachers do not perceive that ACR skills are not being developed among Accountancy
students and for this reason, they did not respond to the survey question.
Morgan, Sneed, and Swinney (1999) argued that accounting firms have been
complaining about the decline in the abilities of accounting graduates. This may be due to
the following reasons: (1) the accounting curriculas failure to adapt to the current
business environment; (2) best students leave the accounting program to pursue other
degrees; and (3) the students lack of motivation to study.
Table 13 provides the frequency and percentages of students and teachers who ranked
the three skills in the order of importance. As can be seen from the data on the table,
both groups agree that ranking is not important, that is, all three skills are perceived to
have equal weights according to importance. It can be deduced that students and teachers
may believe each of the skills complement each other and each skill needs to be
developed in order to be successful in the accounting profession.
Table 13
Students and Teacher Ranking of ACR Skills According to Importance
Ranking
All
three
are
equally
important
First: Analytical
Second: Communication
Third: Research
First: Analytical
Second: Research
Third: Communication
First: Communication
Second: Analytical
Third: Research
First: Communication
Second: Research
Third: Analytical
First: Research
Second: Communication
Third: Analytical
First: Research
Second: Analytical
Third: Communication
na
a
Students
f
%
Teachers
f
%
Total
f
121
61.4
12
54.6
133
60.7
43
21.8
31.9
50
22.8
18
9.2
4.5
19
8.7
12
6.1
4.5
13
5.9
0.5
0.5
1.0
4.5
1.4
197a
100.0
22b
100.0
219
100.0
Number of students out of 212 who ranked the skills with 9 having no answer and 6 considered invalid.
b
Number of teachers out of 24 who ranked the skills with 2 considered invalid.
CHAPTER 5
CONCLUSIONS AND RECOMMENDATIONS
CONCLUSIONS
From the data and results gathered for this study, the following conclusions are
presented.
1. Based on the perceptions of students, it can be concluded that the alternative

hypotheses for all analytical skill items except on-the-job training are accepted
due to the presence of highly significant correlation with the general evaluation of
analytical skills. However, for faculty members perceptions, only business cases,
ability to conclude and recommend based on analysis, design of theoretical
questions discouraging memorization, and ability to evaluate and interpret
financial systems indicate significant correlation with the general evaluation of
analytical skills. Hence, the alternative hypotheses for the aforementioned items
are accepted.
2. As perceived by both accountancy students and faculty members, problem solving

is the number one tool in the development of analytical skill as evidenced by high
mean scores. In contrast, students believe that both on-the-job training and flow
chart preparation has the lowest analytical skills development while teachers
consider only on-the-job training as the lowest.
3. The alternative hypothesis that analytical skills in general are developed/being

developed in accounting education is accepted. This can be attributed to the high
mean scores which is approximately 3.6 for both groups.
4. Based on the perceptions of students, it can be concluded that alternative

hypotheses related to all items under oral communication skills, all items in
written communication skills except writing essays, all items in non-verbal
communication and listening skills are accepted due to highly significant
correlation of these items with the general evaluation on the development of
communication skills. For faculty members, only class reporting, graded
recitation, debates, and essays are communication skill items that are highly
significant with the development of communication skills, while open forum and
feedback possess statistical significance with the development of communication
skills.
5. As perceived by students, class reporting is the number one tool in the

development of oral communication skills, while debates on accounting issues
have the lowest oral communication skill development. Faculty members perceive
asking clear and relevant questions the greatest while open forum with lecturers
and practitioners the least oral communication skill development. Both students
and faculty members perceive written reports to be the utmost factor in written
communication skills development, while writing essays are the least factor in the
development of written communication skill. Both students and faculty members
perceive that personal appearance is the number one factor in non-verbal

communication skill. However, posture is the least factor for students while facial
expression goes for faculty members in the development of non-verbal
communication skills. Lastly, students and faculty members perceive that
listening and taking notes at the same time greatly contributes to the development
of listening skills. On the contrary, while faculty perceive mere listening to be the
least contributor, students perceive giving feedback the least in the development
of listening skills.
6. The
alternative
hypothesis
that
communication
skills
in
general
are
developed/being developed in accounting education is accepted, although students

have lower perception scores than faculty members.
7. Based on the perceptions of students, all items under research skills are highly
significant in the development of research skills. Conversely, Faculty members
perceive only basic research, formal course in research methods, industry studies,
and feasibility studies as highly significant in the development of research skills.
Use of references and ability to link data are merely significant in the
development of the skill.
8. As perceived by students, the awareness on plagiarism is the greatest tool in the

development of research skills, while faculty members perceive reference to other
school materials to be the greatest. Nevertheless, both agree that feasibility studies
are the least in the development of research skills.
9. The alternative hypothesis that research skills in general are developed/being

developed in accounting education is accepted, as evidenced by higher mean
scores over the two skills.
10. As perceived by students, Mandatory CPE Programs have high significance with
the general development of ACR skills; thus, we accept the alternative hypotheses
for students. Faculty members show no high level of significance of CPE
Programs to the development of ACR skills, leading to the acceptance of the null
hypothesis. While both students and faculty members perceive analytical skills as
the primary developed skill in CPE Programs, Communication skills rank the
least as perceived by students, in contrast with the research skills perceived by
faculty members.
11. As perceived by students, communication skills development have a significant

relationship with the belief that ACR skills are developed more through
experience than classroom learning. Other skills show no statistical significance.
For faculty members, only research skills development is significant when related
to this belief; thus the study accepts the null hypothesis for other skills
development.
12. Based on the perceptions of students, De La Salle University helps in the

development of ACR skills, with highly significant relationship with the
development of the skills; hence we accept the alternative hypotheses for students.
Faculty members perceive that there is no statistical significance in the correlation
of the involvement of DLSU and the development of ACR skills.
13. It can be concluded that both students and faculty members do not place any
ranking importance to all the three skills being investigated. Majority of them
indicated that all three skills are equally important. The null hypothesis therefore
accepted.
RECOMMENDATIONS
In view of the research findings, discussions, and conclusions, the following

recommendations are presented, especially for future research:
1. Formulate
academic
policies,
procedures,
and
guidelines
toward
the
enhancement of ACR skills development among accounting students. Such

programs should be geared toward the advancement of future CPAs not only on
technical knowledge but also on the development of other skills like ACR skills
which are also necessary for advancement in the profession. However, ample time
should be needed for conceptual planning of these development programs prior to

its actual implementation.
2. Assess the development of other major skills needed in developing competent

CPAs. Though the study was limited to the development of ACR skills, future
research might delve on assessing other major skills in producing competent
CPAs. Such skills include technical skills, technology skills, interpersonal skills,
and negotiation skills. These skills are necessary for CPAs to become more
competitive and able to provide quality service.
3. Increase the geographical scope of the study. Since the study utilized only the
perceptions obtained from the Accountancy students and faculty members of De
La Salle University, it should be noted that the total perceptions of DLSU students
and faculty members may still need to be truly represented by including the
perception of other schools offering the BSA program. Hence, there should be an
increase in the geographical scope of the study. It should extend to accounting
schools in Metro Manila, or in a regional perspective, then perhaps on a national
scope.
4. Increase the scope of respondents. Because the study is limited only to

Accountancy students and faculty members, future research should be geared
towards the inclusion of accounting practitioners, regardless of their school
affiliation. In this way, the research would have a better and clearer view of what
skills are demanded from aspiring CPAs who are ready to join the ranks of the
profession.
5. Consider other skill items not covered in the study. More than the skill items
presented in the study, it can be inferred that there are some other skill areas that
may be considered for future correlations with the general evaluations of ACR
skills. These skill areas may include innovative thinking, openness to constructive
changes, preparation of position papers, and writing over a broad range of
contexts, total recall/summary of previous lessons, researcher traits, reviews and
corporate strategies, and a host of other skill areas.
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THE DEVELOPMENT OF ANALYTICAL, COMMUNICATION AND

RESEARCH SKILLS IN ACCOUNTING EDUCATION:

With the complexity of todays business transactions, accountants are continuously

Sample Size Allocation among the Different Year Levels of

Demographics of Respondent Accountancy Students

Demographics of Respondent Accountancy Teachers

Mean Responses of Students and Teachers on General

Spearman Correlation Coefficients for Analytical Skills with

Spearman Correlation Coefficients for Communication Skills

Spearman Correlation Coefficients for Research Skills with

Spearman Rank Correlation of General Evaluation Statements

Spearman Rank Correlation of General Evaluation Statements

Spearman Rank Correlation of General Evaluation Statements

Students Opinion on Reasons of Underdevelopment of ACR

Teachers Opinion on Reasons of Underdevelopment of ACR

Students and Teachers Ranking of ACR Skills According to

Focused Group Discussion Guide Questions for Students,

As the accounting profession is being revolutionized, many professionals are thrown

Notwithstanding several researches on perceptions with regard to education quality

In a CHED Memorandum on Revised Minimum Curricular Requirements for

specifically by De La Salle University (DLSU). Two perceptions, of the students and of

Students from the Bachelor of Science in Accountancy (BSA) were selected as

Analytical skills are necessary in solving unstructured problems requiring judgments

REVIEW OF RELATED LITERATURE

Decline in the Quality of Accountancy Students

Furthermore, faculty members perceive that the abilities of todays accounting

Improving the Quality of Accounting Education

Practitioners suggested that the accounting curricula

should emphasize on developing interpersonal and analytical skills, as well as public

Because critical thinking is based on information, Schafersman (1991) suggested that

An effective way of developing the analytical skills needed in business is by

The development of analytical skills is highly related to the development of

Several related studies suggest that communication skills should be an application of

Communication skills play a very important role in the development of an accounting

In a related study conducted by Hussain, Al-Darayseh, & D Ouville (1994), a large

STATEMENT OF THE PROBLEM

1. Is there significant correlation between the general evaluation on analytical skills

2. Are the following specific analytical skills developed/being developed in

Ability to evaluate and interpret financial data;

Ability to evaluate and interpret financial systems (e.g. internal control

Ability to conclude and recommend based on analysis;

Flow chart preparation;

On the job training;

Analysis of Strengths, Weaknesses, Opportunities and Threats (SWOT);

Design of theoretical questions discouraging memorization.

3. In general, are analytical skills developed/being developed in the accounting

4. Is there significant correlation between general evaluation on communication

Ability to verbally explain financial information;

Ability to explain in writing financial information;

Ability to ask clear and relevant questions;

Ability to communicate effectively one's points of views;

Ability to deliver powerful presentations;

Ability to persuade and convince others;

Reporting in class (e.g. presentation of business cases, and explaining

Debates on accounting issues;

Open forum with lecturers and practitioners;

Written reports (e.g. business cases);

Writing essays as part of exam question;

Writing term papers;

Receiving feedback from teachers on business cases, research papers, and

Listening and taking notes at the same time;

Giving feedback (e.g. paraphrasing what was said, commenting, etc.)?

Are the following specific communication skills developed/being developed in

Ability to verbally explain financial information;