A Report by the Task Committee on Faculty Personnel.

Abstract The article is based on a report by the American Association of Collegiate Schools of Business on the faculty requirements and standards in Collegiate Schools of Business. The author emphasizes the need for remedying the deficit in accounting faculty, which involves a re-assessment of traditional concepts with respect to teacher supply, qualification of teachers and teaching effectiveness. He explains basic recommendations which rise from these courses of remedial action which are, the necessity, to increase salary scales, appraisal of the problem of proper qualification for accounting instruction and experiment with various procedures for improving teacher productivity. Different points of view regarding the increment of salary have been discussed. In relation to the appraisal of proper qualification, the author highlights matters which need considerable research to arrive at useful conclusions. Suggestions for methods of experiment with various procedures for improving teacher productivity and rationalization of the process have been discussed.