Management And Accounting Web

Meyer, M. J. and P. L. Titard. 2000. Those who can ... teach. Want to exchange your Palm Pilot for a blackboard, get a PhD and go back to college as a teacher? The time to do it is now. Journal of Accountancy. (July): 49-58.

Summary by James R. Martin, Ph.D., CMA
Professor Emeritus, University of South Florida

Advice for Ph.D. Students and New Faculty | Educations Issues Main Page

Although this paper was published several years ago, most of the advice is still applicable to those who are interested in an academic career in accounting. The authors begin by pointing to the relatively new AACSB recognition of the value of practical experience for accounting professors, but emphasize that a doctorate is still required to become academically qualified. They mention some of the rewards and challenges associated with an academic career including those related to teaching, research, and service. Perhaps the most useful part of the paper for potential candidates is a checklist of things to learn when evaluating potential Ph.D. programs. For example:

1. What's offered in the area of financial aid, i.e., assistantships, tuition waivers, loans and grants?

2. What is the length of time the program is expected to take?

3. What are the entrance requirements, i.e., prior courses, degrees (some require a Master's degree and some don't), practical experience, GPA, and admission exam scores (GMAT, TOEFL), and letters of recommendation?

4. What are the residency requirements (most programs have a residency requirement), requirements for minors, and how much time is expected to be spent on the dissertation?

5. What are the course and comprehensive exam (written and oral) requirements?

6. Is there a comprehensive exam in the minor area or areas?

7. Where do the program's graduates find teaching positions?

8. What are the research interests of the faculty and do they fit with your interest?

9. What is the faculty turnover? You might be in trouble if the faculty members who teach the seminars you take are not the ones who write your comprehensive exams.

10. What percentage of students finish the program?

11. Do you fit in with the students who are currently in the program? Talk to them and find out.

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Other Articles related to the Accounting Doctoral Shortage and Opportunities to Teach Accounting

AACSB International. 2003. Sustaining Scholarship in Business Schools. AACSB.

AACSB International. 2013. 2012-2013 Salary Survey Reports: Executive Summary. AACSB. (Note).

Albrecht, W. S. and R. J. Sack. 2000. Accounting Education: Charting the Course through a Perilous Future. Accounting education Series (16): American Accounting Association.

Behn, B. K., G. A. Carnes, G. W. Krull Jr, K. D. Stocks and P. M. J. Reckers. 2008. Accounting Doctoral Education - 2007 A Report of the Joint AAA/APLG/FSA Doctoral Education Committee. Issues in Accounting Education (August): 357-367.

Bergner, J. 2009. Pursuing a Ph.D. in accounting: Walking in with your eyes open: Here's how the doctoral track looks through the eyes of one student. Journal of Accountancy web-exclusive article. (Mentioned in the March issue as an AICPA resource on page 40). (JOA Link).

Beyer, B., D. Herrmann, G. K. Meek and E. T. Rapley. 2010.What it means to be an accounting professor: A concise career guide for doctoral students in accounting. Issues in Accounting Education (May): 227-244. (Summary).

Bishop, C. C., D. M. Boyle, R. R. Clune and D. R. Hermanson. 2012. A different model for doctoral education in accounting and auditing: Student and faculty reflections. Current Issues in Auditing 6(1): A1-A16. (Note).

Bonner, P. 2010. New pathways to accounting excellence. Journal of Accountancy (October): 56-60. (Interview with Pathways Commission Chair Bruce Behn related to charting a national higher education strategy for the next generation of accountants).

Bonner, P. 2012. Bolstering the future of accounting education. Journal of Accountancy (October): 38-39.

Boyle, D., D. Hermanson and M. Mensah. 2011. Addressing the accounting and auditing faculty shortage: Practitioners' perceptions of academia. Current Issues in Auditing 5(1): A70-A85.

Boyle, D. M., B. W. Carpenter, D. R. Hermanson and M. O. Mensah. 2013. The accounting doctorate shortage: Opportunities for practitioners. Strategic Finance (May): 30-36. (Note).

Campbell, T. L., J. R. Hasselback, R. H. Hermanson and D. H. Turner. 1990. Retirement demand and the market for accounting doctorates. Issues in Accounting Education (Fall): 209-221.

Gary, R. F., C. A. Denison and M. L. Bouillon. 2011. Can obtaining an accounting Ph.D. provide a positive financial return? Issues in Accounting Education (February): 23-38. (Summary).

Grasso, L. 2008. The accounting Ph.D. shortage: Crisis or opportunity? Cost Management (March/April): 15-25. (Note).

Hunt, S. C., T. V. Eaton and A. Reinstein. 2009. Accounting faculty job search in a seller's market. Issues in Accounting Education (May): 157-185.

Kachelmeier, S. J., S. Madeo, D. Plumlee, J. H. Pratt, G. Krull and G. Thornton. 2005. Report of the AAA/AAPLG Ad Hoc Committee to assess the Supply and Demand for Accounting Ph.D.s. A joint project of the American Accounting Association and the Accounting Programs Leadership Group. (Note).

Leslie, D. W. 2008. Accounting Faculty in U.S. Colleges and Universities: Status and Trends, 1993-2004. A Report of the American Accounting Association. American Accounting Association. (Note).

Martin, J. R. Not dated. Notes to those considering an Accounting Ph.D. Management And Accounting Web.  http://maaw.info/ArticleSummaries/NotesforAccountingPhDStudents.htm

Martin, J. R. Not dated. The accounting doctoral shortage and opportunities to teach accounting. Management And Accounting Web. http://maaw.info/ArticleSummaries/ArtSumAccountingDoctoralShortage.htm

McNair, C. J. and B. Richards. 2008. Unintended consequences: Death of the teacher-scholar. Cost Management (January/February): 21-28. (Summary).

Meyers, R. 2006. Teaching for the love of it. Journal of Accountancy (June): 30-38.

Plumlee, R. D., S. J. Kachelmeier, S. A. Madeo, J. H. Pratt and G. Krull. 2006. Assessing the shortage of accounting faculty. Issues in Accounting Education (May): 113-125.

Reigle, D. 2008. Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits. AICPA.

Ruff, M., J. C. Thibodeau and J. C. Bedard. 2009. A profession's response to a looming shortage: Closing the gap in the supply of accounting faculty. Journal of Accountancy (March): 36-41. (JOA Link).

The Pathways Commission. 2012. The Pathways Commission on Higher Education: Charting a National Strategy for the Next Generation of Accountants. American Accounting Association and American Institute of CPAs. (Note).

Trapnell, J. E., N. Mero, J. R. Williams and G. W. Krull, Jr. 2009. The accounting doctoral shortage: Time for a new model. Issues in Accounting Education (November): 427-432. (Note).