The Faculty Residency Program.

Abstract The faculty residency program is growing each year and is an important means by which accounting teachers can keep abreast of the dynamic profession of which they are a part. This program is not new nor is the interest of the American Accounting Association in the program of recent origin. Previous to 1955 some attempts had been made by the Association to encourage the development of a program of faculty fellowships. The experience of the Committee on Faculty Residency would indicate that the most satisfactory arrangements can be made directly between interested faculty members and the various firms. The program apparently should be localized with participation by deans and department chairmen in encouraging their personnel to be developed in their local area of the U.S. and in the fields of interest best suited to the school and teachers. It should be commented that not only the national firms of certified public accountants but also many local firms are interested and are participating in the program.