KNOWLEDGE, SKILLS AND VALUES OF BACHELOR OF SCIENCE IN

ACCOUNTANCY GRADUATES EXPECTED BY THE EMPLOYERS: A

COMPARISON OF EMPLOYERS’ EXPECTATIONS AND GRADUATING

ACCOUNTANCY STUDENTS’ PERCEPTIONS

A Research Paper Submitted to the College of Accountancy

Imus Institute College Department

In Partial Fulfillment of the Requirement for the

College of Accountancy

Hezell Leah B. Zaragosa

BSA 4

February 2014

APPROVAL SHEET

In partial fulfillment of the requirements for the College of Accountancy, this

research paper entitled “Internal Control Practices of Homeowners’ Associations in the

City of Imus, Cavite, Philippines” is prepared and submitted by:

Hezell Leah B. Zaragosa

BSA IV

Submitted to the College of Accountancy, Imus Institute, as one of the requirements

under:

Mrs. Emelita R. Bunyi, C.P.A., M.B.A.

Chairperson, College of Accountancy

ACKNOWLEDGEMENT

A major undertaking like this is never the work of anyone alone. The contributions

of many different people, in their different ways, have made this possible. I would like to

take this opportunity to express my profound gratitude and deep regard to the following:

To my adviser, the Chairman of the College of Accountancy, Mrs. Emelita R. Bunyi

for giving me freedom to explore on my own and at the same time the guidance to

recover when my steps altered.

To my professor Mrs. Catherine Aquino, for the exemplary guidance, valuable

feedback and constant encouragement throughout this project work.

To my professor Mrs. Angelita Mendoza, whose expertise, understanding and

patience has assisted me in writing reports.

To my professor Mr. Raphael Iuri Gervasio and Eulogio Catalan for the enormous

amount of help and teaching that has added considerably to the output of this

research.

To my classmates, for unconditional love and support that have helped me

overcome setbacks and stay focused on this study.

To my friends, for the never ending friendship and belief in me, and because of

whom my college experience has been one that I will cherish forever.

To my extended family, Alderite, Namuag, Igcalinos and Rivas who has aided and

encouraged me throughout this endeavor.

To my immediate family who has been the constant source of love, concern, support

and strength.

And to the light, Our awesome God, who guided me through the way and showered

me graces and blessings.

Though only my name appears on the cover of this research, a great many people have

contributed to its production. I owe my gratitude to all those people who have made this

all possible.

Thanks a million everyone.

Godspeed!

TABLE OF CONTENTS

Chapter 1: The Problem and Its Background 1-7

Introduction 1

Theoretical/Conceptual Framework 2

Statement of the Problem 3

Scope and Limitation 5

Significance of the Study 6

Definition of Terms 6

Chapter 2: Review of Related Literature 8-11

Chapter 3: Methodology 12-14

Research Design 12

Research Participants 12

Research Instrument 13

Chapter 4: Presentation and Interpretation of Data 15-24

Chapter 5: Summary of Findings, Conclusions and Recommendations 25-26

Summary of Findings 25

Conclusion 25

Recommendations 26

References 27-28

Appendices

Appendix A & B: Survey-Questionnaire 29-32

Appendix B: Curriculum Vitae 33-35