Influence of work ethics on internal control compliance of millennial certified public accountants / by Gabriella Mae V. Panganiban, Erika C. Solo and Rusty John T. Toledo.

Thesis (Bachelor of Science in Accountancy) Cavite State University.

Includes bibliographical references.

College of Economics, Management, and Development Studies (CEMDS)

PANGANIBAN, GABRIELLA MAE V., SOLO, ERIKA C., TOLEDO, RUSTY JOHN T. Influence of Work Ethics on Internal Control Compliance of Millennial Certified Public Accountants. Undergraduate Thesis. Bachelor of Science in Accountancy. Cavite State University, Indang, Cavite. August 2022. Adviser: Dr. Dolores L. Aguilar.
The new generation of employees known as millennials possess distinct attributes compared to older cohorts. As they make up a large portion of the workforce, the difference in their work ethics and internal control compliance may impact any organization. Work ethics is defined as a principle which helps execute work responsibilities with excellence while internal control compliance pertains to how well an individual carry out internal activities and policies towards meeting objectives.
The study was conducted from September 2021 to June 2022. Mainly, the study aimed to determine if there is an association between work ethics and the internal control compliance of millennial Certified Public Accountants (CPAs). Specifically, the study intended to describe the demographic characteristics of the millennial CPAS; describe the perceived quality of work ethics and internal control compliance of the millennial CPAs; and assess the association of work ethics on internal control compliance of the millennial CPAs. The study utilized a descriptive correlational research design. Primary data were gathered through online survey platforms, specifically, Google Forms for the questionnaires including 93 millennial CPAS as participants. It was revealed that the participants exhibit good quality work ethics.
The millennial CPAs are working under an ethical working environment and can properly identify and manage ethical risks. Often reports inquiries and questions regarding ethical behavior and frequently supports and participates in ethics programs. In addition, the study revealed that the millennial CPAS are very compliant regarding internal controls. The participants are exposed to a well-regulated control environment and regularly assess possible risks and lapses of controls. They consistently use proper information and communication tools and actively follow all control and monitoring activities. The results of Somer's Delta highlighted the association between work ethics and internal control compliance. A moderate positive asymmetric association between quality of work ethics and internal control compliance of millennial CPAS was revealed. The study recommended the participants to engage in continuing professional activities such as seminars, training programs, and workshops relating to work ethics and internal controls to sustain and further reinforce good performance.

Submitted to the University Library 08/22/2022 T-8961