The Impact of Socioeconomic Status on Education.pdf
research.pptx
1. Coping Strategies of
Accounting Professionals
in the New Normal
Situation
Andres, Rebecca Paula F.
Dassun, Jesus Remar C.
Lafuente, Reena Mae J.
Benavidez, Gwen M.
Flores, Jessa E.
Cortez, Joan T.
3. Background of the Study
During the COVID-19 pandemic, the workplace setting
changed upon lockdown implementation. Appropriate jobs
shifted to remote working and telecommunication. In addition,
education turned to online mode and distance learning. Also,
the accounting professionals change from office to work from
home. The accounting professionals use different coping
strategies to deal with the new normal situation, including
different conceptualizations of coping strategies such as
problem-focused coping, emotion-focused coping, social
support, and meaning-making.
4. According to some authors, the areas of coping strategies are the
following: A. Seeking social interaction (Problem-focused coping), B.
Emotional Coping (Emotion-focused coping), C. Motivation (Social
Support), and D. Managing stress (Meaning Making). (Caroll, 2013).
Every challenge has an impact, both positive and negative. The
accounting profession is facing numerous challenges as well as
opportunities for reinvention as a result of COVID-19. This pandemic has
an impact on accounting professionals' work and mental health. COVID-19
has impacted the entire accounting profession, putting additional strain on
the accounting profession's professional and ethical behavior. (Kaka,
2020).
5. The study determines to know the coping strategies in the accounting
profession in the new normal situation.
Specifically, the study seeks to answer the following questions:
1. What is the profile of the respondents in terms of:
1.1 age;
1.2 sex;
1.3 civil status; and
1.4 number of years in the profession?
2.) What are the coping strategies of accounting professionals in the new
normal situation in terms of:
2.1 seeking social interaction;
2.2 emotional coping;
2.3 motivation: and
2.4 managing stress?
3.) What intervention program can be developed as coping strategies in the
accounting profession in the new normal situation?
Statement of the Problem
7. Table 1
Profile of the respondents
Inputs Indicators Frequency %
Age 22-30 years old 12 80%
36 years old and above 1 6.7%
Sex Female 7 46.7%
Male 8 53.3%
Civil Status Single 13 86.7%
Married 2 13.3%
Number of years
in the profession 1 year- 4 years 9 60%
5 years and above 6 40%
8. Table 2
Coping strategies of accounting professionals in the new normal situation in terms of
seeking social interaction.
Indicators AWM DE
1. I seek advice from my coworkers to learn
new strategies at work. 3.73 Sometimes
2. I talk to my family about my problems at work. 3 Sometimes
3. I seek help from my colleagues whenever
I encounter a problem at work. 4.07 Often
4. My coworkers find a way to ease my stress
whenever I tell them my problems at work. 3.73 Sometimes
5. My friends encourage me to reduce my stress. 3.73 Sometimes
Average Weighted Mean 3.65 Often
9. Table 3
Coping strategies of accounting professionals in the new normal situation in terms of em
coping.
Indicators AWM DE
1. I tend to do workouts once in a while to release emotion. 3.47 Sometimes
2. Rather than discussing my problems with others, I
write them down in a journal. 2 Seldom
3. I constantly have to remind myself to be positive
rather than dwell on my flaws. 4 Often
4. I allow myself to be seen, supported,
openly sharing and expressing my emotions by friends and
loved ones. 3.53 Often
5. I keep myself busy to divert my attention away from
various emotions. 3.53 Often
Average Weighted Mean 3.31 Sometimes
10. Table 4
Coping strategies of accounting professionals in the new normal situation in terms of
motivation.
Indicators AWM DE
1. I motivate myself by thinking of my family during work. 4.2 Often
2. Meeting deadlines, goals and targets drives me to
work harder and manage stress. 4.4 Often
3. Success motivates me to work and to give my best
at my workplace. 4.6 Often
4. I always go to work because it makes me forget my
problems. 3.5 Often
5. I identify what I need to do to succeed. 4.3 Often
Average Weighted Mean 4.2 Often
11. Table 5
Coping strategies of accounting professionals in the new normal situation in terms of
managing stress.
Indicators AWM DE
1. I manage my stress by eating. 3.33 Sometimes
2. I consider yoga a way to manage and reduce stress. 2.13 Seldom
3. I plan ahead to organize and decrease my stress at work. 4.13 Often
4. I spend time with my family and friends after work. 4.07 Often
5. I go on vacations to manage my stress. 4.27 Often
Average Weighted Mean 3.59 Often
12. Indicators Average Weighted Mean Descriptive
Equivalent
1. Motivation 4.2 Often
2. Seeking Social Interaction 3.65 Often
3. Managing Stress 3.59 Often
4. Emotion Coping 3.31 Sometimes
Overall Weighted Mean 3.69 Often
Table 6
Summary of Coping Strategies of Accounting Professionals in the New Normal
Situation
14. ACTIVITIES INSTRUCTION OBJECTIVE RESULT
1. Your Voice
Counts (YVC)
Employees will be given a form to be filled up
where they can suggest and tell what they want
and feel in the workplace.
Everyone will voice out their
suggestions and concerns to
management about what they
feel at work.
Employees will feel more cared, heard and loved in the
workplace that will help them ease their stress.
2. 30 days of
Gratitude Jar
Employees must write down one thing they feel
grateful for daily for 30 days.
Everyone will recognize simple
blessings and will learn how to
look deeper into things.
Employees feel more positive emotions, relish good
experiences, improve their health, deal with adversity and build
strong relationships.
3. Employee
Counseling
Program
Employers can use these programs to offer
employees mental and physical health screenings
and counseling sessions.
Everyone will be able to have a
stress-free and improved working
life.
Reducing employee stress will benefit both the employee and
the employer because it will decrease absences, workers'
compensation claims, medical expenses, accidents, and
grievances. They can also address security and safety
concerns, enhance employee productivity and engagement,
and lower the costs associated with employee turnover.
4. Meditation Month Employees will have a 30 minutes meditation time
every month.
Everyone will be able to relax
their mind and body. It will reduce
stress, anxiety and tension.
Employees will have a sense of calm, peace and balance that
can benefit both their emotional well-being and your overall
health.
15. Conclusion
1. The study on coping strategies of accounting professionals in the
new normal situation can be concluded that most of the respondents
are young adults because the majority of them are recent graduates,
dominated by male because the upper level management positions
remain primarily male oriented. single individuals since the
accounting professionals tend to pursue a career first before entering
the married life, and were engaged in the company for a year and
above accountants typically spend a year in entry- level positions
before moving up the ladder.
16. 2. The strategies of accounting professional to cope in
the new normal situation is by being motivated, seek
social support and by managing their stress. An
organization can produce more by having motivated
workers because they are more productive. Social
support is said to serve as a buffer against stress and
its negative impacts. Managing and preventing long-
term stress can reduce your risk for developing other
diseases. You can process and overcome painful or
unwanted emotions and reactions with the aid of
emotion-focused coping techniques.
17. 1.) The researchers recommend Implementing Mental Health Intervention
Program for the institution, specifically the school. This program’s goal is for
employees to relax their minds and let them know who supports them. During the
time of uncertainty, when routines are disrupted, we must identify who we feel
most supported by. Every academic year, four (4) essential activities will be given
to all employees ease their stress at work.
2.) Universities may consider continuing to implement the intervention program
given by researchers in connection with the new normal situations.
3.) Future researchers may conduct a study to improve the research topic by
using other variables that may affect the coping strategies of accounting
professionals and by considering how these factors influence the new normal
situations.
Recommendation
