The major objective of a tracer study is to help educational institutions to produce highly qualified and competitive graduates. Baliuag University, as an educational institution, provides high-standard education and training to transform its students and graduates into productive members of society. The University is an educational institution committed to providing essential foundation for this purpose. The main objective of this tracer study was to determine the level of employability of the graduates of the Baliuag University in the course Bachelor of Science in Accountancy (BSA) covering the school year 2009-2010 to 2011-2012. This study also sought to look into the present status and work situation of these graduates, in terms of their job positions, status of employment, length of service with their respective companies; number of months or years that took the graduates to secure their first job; the difficulties they encountered in looking for their first job, and the reason/s for leaving their jobs. The researchers tapped 59 out of the 74 BSA graduates of the Baliuag University who graduated from school year 2009-2010 to 2011-2012. One of the major findings of this study was that 58 or 98.31% of the respondents are presently employed in jobs related to their degrees.