Chapter 4

RESULTS AND DISCUSSIONS

This chapter presents the analysis and the results of this study. Statistical tables and figures
obtained from the analysis were included for basis of interpretation.
Table 1.1
Profile of Respondents In Terms of Educational Attainment
Educational Attainment
Undergraduate
College Graduate
Total

Frequency
3
27
30

Percentage (%)
10.0
90.0
100.0

Table 1.1 shows the frequency of respondents according to educational

attainment. The three (10%) respondents out of 30 are undergraduate and the 27
(90%) out of 30 are college graduate. It implies that most of the owners of SMEs in
Davao City are college graduates.
Table 1.2
Profile of Respondents In Terms of Years with the Concurrent Auditor

Years with the Concurrent

Auditor
1-2 years
3-4 years
More than 5 years
Total

Frequency

Percentage (%)

6
12
12
30

20.0
40.0
40.0
100.0

Table 1.2 illustrates the frequency of the respondents according to the years with the
concurrent auditor. It shows that most of the respondents are client with the concurrent auditor
for three to four years with 40% and more than five years with also with 40%, and the minority
of the respondents are client with the concurrent auditor for one to two years with 20%. Thus,

this indicate that most of the business owners have been client of their concurrent auditor for
more than 3 years.
Table 2.1
The Level of Business Owners Trust to their Auditors to avoid Audit Failure
Indicators
Integrity
Independence
Professional Competence and
Due Care
Professional Behavior

Mean

Verbal Description

4.49
4.43

Very High
Very High

4.67

Very High

4.70

Very High

Table 2.1 reflects that the level of business owners trust to their auditors in avoiding
audit failure. Data are analysed and interpreted based on the indicators, mean and description. It
showed that the level of business owners trust to their auditors in avoiding audit failure is very
high in terms of the integrity (mean=4.49), independence (mean=4.43), professional competence
and due care (mean=4.67) and professional behaviour (mean=4.70).

Table 2.2
The Level of Business Owners Trust to their Auditors to avoid Confidentiality Information
Disclosure
Indicator
Confidentiality

Mean

Description

4.08

High

Table 2.2 shows the level of business owners trust to their auditor in avoiding disclosure
of confidentiality information in high having the mean of 4.08.