Maye T. Asiong | Justine F. Bugtong | Nicole Fei C. Cabalonga | Kenneth Albert Neri N. Claveria | Jonalen C. Marcelo | Gina Mae A. Osting | John Joshua P. Suaco
ABSTRACT
Accounting professionals must adhere to certain ethical codes to further their practice, preserve public trust, and uphold transparency and justice. The study aims to determine the students’ degree of compliance towards the code of ethics for professional accountants’ five fundamental principles: integrity, objectivity, professional competence and due care, confidentiality, and professional behavior. It also sought to determine differences among students’ compliance based on their sex and year level. This research utilized a descriptive quantitative research design. There were 138 respondents from the Accountancy Department of the University of Baguio, from first to fifth-year students. The study garnered high compliance for integrity and very high compliance for the other principles. The results also revealed no significant difference in the compliance towards Professional Accounting Ethics under sex, apart from for Professional Behavior. This means that males have a different perception regarding compliance with laws and regulations compared to females. Overall, the study shows that Accountancy students at the University of Baguio exhibit good compliance with the Code of Ethics for Professional Accountants. Moreover, there is no significant difference in Professional Competence, Confidentiality, Professional Behavior in Year Level. However, there is a significant difference in the areas of Integrity and Objectivity.
Keywords: Code of Ethics, Compliance, Accountancy Students, Fundamental Principles, Demographic Characteristics
