Abstract The article presents the text of a report issued by the American Accounting Association executive committees from 1971 to 1973, which deals the implications of professional supply and demand factors on doctoral programs in accounting. The meanings of the terms "doctoral program" and "accounting" have changed greatly over the past several decades, and the meaning of each term is expected to continue changing during the period of time for which demand and supply projections were prepared. Persons now enrolled in doctoral programs who plan to enter the job market in 1976 or later, and persons now seeking admission to accounting doctoral programs, should be advised that it is highly probable that in the 1976-1985 period the supply of new doctorates interested in positions on accounting faculties of degree-granting colleges or universities will exceed the demand by such institutions. Two-year colleges, public accounting firms, governmental agencies, and industry appear to have absorbed approximately 10 percent of the numbers of new accounting doctorates each year in the last twenty-five years.
A Wed, study studied this question.