AICPA Foundation develops doctoral scholars program
The AICPA Foundation has created an accounting doctoral scholars program to help reverse a shortage of Ph.D. accounting faculty in U.S. colleges and universities.
To date, more than 70 of the country’s biggest firms, along with several state CPA societies, have committed a total of $15 million to the program. The firms will recruit top employees for the program and encourage them to become accounting professors in the audit and tax disciplines.
The accounting doctoral scholars program will fund up to 30 new candidates each year for 4 years for a total of 120 newly trained Ph.D.s in audit and tax.
Building a robust supply of accounting faculty was a recommendation in a March 2008 report by the subcommittee on Human Capital of the U.S. Department of the Treasury’s Advisory Committee on the Auditing Profession. The subcommittee endorsed increasing the number of accounting faculty members through public and private funding.
More information is available on the accounting doctoral scholars program Web site.
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LAST UPDATED 8/20/2008