Motivation towards compliance to the continuing professional development among certified public accountants as related to their professional practice: Basis for a career development plan

Abstract

This study determined the motivations of Certified Public Accountants (CPAs) in academe and their status of compliance with the Continuing Professional Development (CPD), and its relationship with their professional practice in the Province of Capiz. Using the descriptive and inferential statistical tools, t-test, one-way ANOVA, and Pearson Correlation Coefficient (r), the educator’s profile and its relationship with their level of motivation, status of compliance, and professional practice was examined. The results revealed that there is a high level of intrinsic and extrinsic motivation regardless of their profile, with a significant difference in terms of sex and educational attainment. It was also found out that their professional practice was excellent across all of the five ethical standard variables in terms of integrity, objectivity, professional competence and due care, confidentiality, and professional behavior, respectively. However, in terms of their status of compliance to CPD, specifically on their Board of Accountancy (BOA)accreditation, particularly among CPA educators with lower income levels was notably low. There existed a highly significant relationship between their motivation and professional practice. The findings call attention to a need for support system intended for CPD programs, initiatives to pursue graduate education, and an ethics based faculty development program. These interventions aim to heighten motivation, address compliance gaps, and fortify ethical standards in the accounting education.