International Journal of

ADVANCED AND APPLIED SCIENCES

EISSN: 2313-3724, Print ISSN: 2313-626X

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 Volume 10, Issue 2 (February 2023), Pages: 202-209

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 Original Research Paper

 The case of employed accountants in Mindanao: Effect of COVID-19 pandemic on salary

 Author(s): 

 Khen O. Enriquez 1, John Vianne B. Murcia 2, Allemar Jhone P. Delima 3, 4, *

 Affiliation(s):

 1College of Accounting Education, University of Mindanao, Davao City, Davao del Sur, Philippines
 2College of Business Administration Education, University of Mindanao, Davao City, Davao del Sur, Philippines
 3College of Information and Computing Studies, Northern Iloilo State University, Estancia, Iloilo, Philippines
 4Professional Schools, University of Mindanao, Davao City, Davao del Sur, Philippines

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 * Corresponding Author. 

  Corresponding author's ORCID profile: https://orcid.org/0000-0003-4354-6081

 Digital Object Identifier: 

 https://doi.org/10.21833/ijaas.2023.02.024

 Abstract:

This study aims to identify the group of accountants affected by the COVID-19 Pandemic through salary reduction and what group assistance should be focused on in terms of financial aid. A total of 366 accountants from Mindanao participate in the study. A survey questionnaire was utilized to collate demographics and the effect of the COVID-19 Pandemic on the salaries of Mindanao Accountants. The cross-tabulation between variables is utilized to determine the age, employer's industry, certifications or licenses, and salary range greatly affected by COVID-19, comparing it with the two-way ANOVA test to study their association. This was tested to determine if COVID-19 affected the Mindanao accountants and resulted in salary reductions. This paper discovered that accountants in Mindanao are affected by the COVID-19 Pandemic with a negative impact on the salaries of accountants aged 46 and above, employed in the academic sector or earning P35,000–P39,000, regardless of whether they are certified practicing accountants (CPA) or Non-CPA with or without other certifications or licenses. Also, the study revealed a significant association between the employment effect of COVID-19 and the industry group of Mindanao Accountants compared to the COVID-19 impact on salaries. Recommending for pandemic responses to accountants be grouped based on their industry.

 © 2022 The Authors. Published by IASE.

 This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

 Keywords: COVID-19 pandemic, Cross-tabulation, Academic sector, CPA, Non-CPA

 Article History: Received 2 August 2022, Received in revised form 10 November 2022, Accepted 15 November 2022

 Acknowledgment 

No Acknowledgment.

 Compliance with ethical standards

 Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.

 Citation:

 Enriquez KO, Murcia JVB, and and Delima AJP (2023). The case of employed accountants in Mindanao: Effect of COVID-19 pandemic on salary. International Journal of Advanced and Applied Sciences, 10(2): 202-209

 Permanent Link to this page

 Figures

 Fig. 1 Fig. 2 Fig. 3 Fig. 4 

 Tables

 Table 1 Table 2 Table 3 Table 4 Table 5 Table 6 Table 7 

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