University of Luzon
College of Accountancy
          Dagupan City
                                 ABSTRACT
      This study intends to know how the newly graduates of BS in
Accountancy and BS in Accounting Technology in University of Luzon on how
they prepare their selves to be ready on the career they have chosen and being
aware on what will happen to their new environment and on how it can help to
have an advantage over the others. Most of the newly graduates find their first
job difficult because of the demands and wrong expectation that’s why we
conduct this study to help everyone about this issue.
      A qualitative and quantitative study using descriptive approach is
utilized in this research. The method is data gathering included the use of
survey questionnaires with selected respondents. We included in the survey the
data about themselves, their job, and on how they cope with their new
environment. The questionnaires distribute to the respondent via giving hard
copies personally and via internet to get the result faster and less time
consuming.
      Graduates were found to be inadequately prepared on entering the
workplace. Inefficient practice of application of theories and knowledge
acquired in school to reality work environment and a accounting work related
culture that was discouraging graduates’ practice were identified as major
          University of Luzon
          College of Accountancy
          Dagupan City
barriers to the accounting profession. Lack of exposure to work environment as
undergraduates was also identified as a significant obstacle among graduates.
      As well as supporting the pre-existing studies on work readiness in
graduates and barriers to graduates’ accounting practice, this current study
identified the need for accounting and business schools to further incorporate
work readiness into formal curricula and increased opportunity for exposure to
accounting work environment as undergraduates. Further, if made, the review
and upgrading of the design and curriculum will give direction to what can be
done especially in policy formulation, faculty development trainings, and other
important competency skills trainings and development to help prepare the
accountancy students meet the demand of the job markets