Accounting Research Methods
GROUP 8
Leader:
Positos, Romelia L.
Members:
Caligan, Mhitz L.
Ecullada, Blessy Love C.
Mallorca, Cherryl A.
Octavio, Ivonnhea P.
Peligres, Yrhen Faith M.
Tabuyoc, Zhiena Miaca D.
Research Titles:
1. Credit and Risk Assessment of start-up Businesses in Iloilo City.
2. The impact of AI technology in the job productivity of people working in the financial
sector in Iloilo City.
3. The Role of Accounting in Measuring Financial Risk of Small and Micro Businesses
in Iloilo City.
Script:
R: Good morning, classmates and panelists. We are the group 8 researchers, I’m
Romelia Positos the group leader, and my members consists of
M: Mhitz Caligan
BL: Blessy Love Ecullada
C: Cherryl Mallorca
I: Ivonnhea Octavio
YF: Yrhen Faith Peligres
ZM: Zhiena Miaca Tabuyoc
R: Today, we will present our 3 research topics. So We’ll start by discussing the first
topic
1. Credit and Risk Assessment of start-up Businesses in Iloilo City.
The main reason why we want this research topic is to understand how well start-up
businesses in Iloilo City can access credit and how financial institutions assess the risks of
lending to them. Start-ups often face challenges in getting loans because they don’t have a
long financial history or strong collateral. By exploring how credit and risk are assessed for
these businesses, we want to find out if there are better ways to support them. We are
interested in this topic because start-up businesses play a crucial role in driving local
economies, creating jobs, and fostering innovation. However, they often struggle to get the
financial support they need to grow and succeed. By studying how credit and risk
assessments are done, we hope to find insights that can help make the process more fair
and efficient, leading to better opportunities for start-ups and a stronger local economy in
Iloilo City.
THE VARIABLES
Independent Variables
● Business Characteristics refer to the fundamental attributes of a company, which
influence its operations and risk profile.
● Financial Metrics are key indicators that measure a business's financial health
● External Environment refers to the broader economy that can influence its
operations and overall success.
● Risk Management Practices involve strategies and measures implemented to
identify, and minimize potential risks to a business’s
● Funding Sources which a business secures capital, to support its operations and
growth.
Dependent Variables
● Creditworthiness is a measure of how likely a start-up business is to meet its
credit obligations.
● Risk Level representing the risk associated with lending to or investing in a
start-up business.
● Loan Approval Rate the percentage of start-ups whose credit applications are
approved.
● Business Success or Default whether the start-up is able to sustain operations or
defaults on its loans.
2. The Role of Accounting in Measuring Financial Risk of Small and Micro
Businesses in Iloilo City.
The main reason why we want this research topic is to understand how effective
accounting practices can help small and micro businesses manage and mitigate
financial risks. In Iloilo City, these businesses are crucial to the local economy, but they
often face challenges due to limited resources and financial expertise. By examining the
role of accounting in identifying, measuring, and managing financial risks, this research
aims to provide insights that can help improve financial stability and decision-making for
these businesses.
THE VARIABLES
Independent Variables
● COST MANAGEMENT- the ability of the business to manage cost effectively.
● ACCOUNTING PRACTICES- tools used by the business, such as bookkeeping
systems and risk assessment techniques.
● INTERNAL CONTROLS- the presence and strength of internal controls, which
help to ensure the reliability of financial reporting and minimize errors.
● LIQUIDITY MANAGEMENT- provide information on cash flow and liquidity.
Dependent Variables
● SOLVENCY- meet long term obligations, often reflected in solvency ratios.
● BUSINESS SURVIVAL AND GROWTH- measured by changes in financial
stability or reduced risk exposure.
● CREDIT RISK- associated with the business ability to obtain financing or credit.
● FINANCIAL DISTRESS- business may experience financial hardship or be
unable to continue due to lack of financial resources.
3. The impact of AI technology in the job productivity of people working in the
financial sector.
The main reason why we want this research topic is to understand how AI technology is
influencing the job productivity of people working in the financial sector. By investigating
this, this study aims to see whether the use of AI tools and techniques can truly help
employees work faster, more efficiently, more accurately and make better decisions, or if
it introduces any challenges. By focusing on real-world applications, such as automated
transaction processing and error detection, we seek to demonstrate how AI can reduce
manual workload, minimize errors, and enable employees to focus on more strategic
tasks.
This study seeks to understand how AI technology is affecting the everyday work of
people in the financial sector. It will explore how tools like automation and data analysis
help employees do their jobs faster and more accurately, while also looking at how well
people are adjusting to these new technologies. The research aims to find out whether
AI makes their work easier or more efficient, and at the same time, consider the
challenges employees face, like needing new skills or concerns about job security.
Ultimately, the study hopes to show both the benefits and the difficulties of using AI in
the financial workplace.
This research aims to explore how AI technology is shaping job productivity for people
in the financial sector. By examining practical uses like automated transaction
processing and error detection, we want to understand if AI truly helps employees work
faster, more efficiently, and with greater accuracy, while also enabling them to focus on
more strategic tasks. We’re also interested in whether AI improves decision-making or if
it introduces new challenges, such as the need for upskilling or concerns about job
security. Ultimately, this study will highlight both the advantages and potential difficulties
of adopting AI in everyday financial work.
Our target respondents are the employees in the Financial Sector in Iloilo City like
banks, investment houses, finance companies, lending institutions, real estate brokers,
and insurance companies.
The variables are:
Independent Variable (IV)
Level of Effectiveness of AI Tools:
● Machine learning algorithms is a set of rules or processes used by an AI system
to conduct tasks most often to discover new data insights and patterns, or to
predict output values from a given set of input variables.
● Robotic process automation uses intelligent automation technologies to perform
repetitive office tasks of human workers, such as extracting data, filling in forms,
moving files and more.
● Chatbots and virtual assistants is a computer program that simulates human
conversation through voice commands or text chats; operates from a home office
but can access the necessary planning documents, such as shared calendars,
remotely.
● AI for fraud detection or risk management a technology-based approach that
employs machine learning to identify fraudulent activities within large datasets.
Dependent Variable (DV)
Job Productivity in terms of:
● Speed and efficiency of task completion refers to the several outputs produced
in the least amount of time.
● Accuracy and reduction in errors refers to how precise and reliable an
employee's work is, and how effectively they minimize mistakes.
● Employee output or workload handled refers to the amount and quality of work
that an employee completes within a given period.
● Quality of decision-making refers to how effective and beneficial the decisions
made are, given the context and goals.
