state of the aaa. aaa san francisco 20052 executive committee

State of the AAA

AAA San Francisco 2005 2

Executive Committee

Council


Inclusiveness

How can we increase the visible presence, in our meeting and association-wide journals, of the breadth and diversity of the AAA membership?


Overview

Membership Journal Task Force Changes to AH and TAR PhD Shortage Call for Nominations


EC Strategic retreat was devoted to the issue of membership.

Total AAA membership

6000

6500

7000

7500

8000

8500

9000

9500

10000

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004


Explanations for the decline in membership

Practitioner membership decline is a major contributor to overall AAA decline in membership

Many faculty are retiring University and College budgets are declining Ph.D Shortage More non tenure-track faculty AAA not providing strong enough value

proposition for potential members


Membership Committee Initiatives: Bruce Behn, Chair Understand the value proposition for member groups

Researchers Faculty at PhD granting institutions Faculty at non-PhD granting institutions International members Non-tenure track faculty PhD students

Review association-wide publications strategy Refocus on AAA’s teaching mission Improve connections with Associate Organizations

outside of the U.S. Partner with Professionals Reconsider dues structure


Partner with Professionals

Scott Sholwalter, incoming VP-Professional, Mark Chain, outgoing VP-Professional and Susan Crosson, VP-Sections and Regions

Develop a Corporate membership program to attract practitioners and to encourage active participation

Objectives To enhance relationships with practitioners and corporations To foster communications between academics and practitioners To improve access to data for academic research To jointly address/solve issues facing the accounting profession


Partner with Professionals- Who can participate Corporations

Accounting firms Publishers Technology firms

Individuals Practitioners Individuals

Regulators & Standard Setters PCAOB AICPA SEC IFAC NASBA


Publication Issues

We should publish more and a broader spectrum of our research and expand the marketplace of ideas. (Judy Rayburn’s opinion)

An Ad hoc committee called the Journal Task Force will present their results to the Executive Committee

Charge: Benchmarking with publication information of AFA,

AMA, AIS, AEA, CAA and Academy of Management Assess journal strategies and publication activity of

each association


JTF Issues

Time to print – currency of our research Access to the Association-wide journals Capacity Relevance Governance of the journals Citations


Journal Capacity

Data from E.P. Swanson, C. J. Wolfe, and A. Zardkoohi (2005) “University Market Share in the Major Journals: Theory and Evidence for Accounting, Finance, Management, and Marketing,” Working paper, Texas A&M University.

Comparison of Publication Output in Highly Ranked (Top 4) Association-Sponsored Academic Journals in Accounting, Finance, Management, and Marketing over 1990-2002

Academic Association “Major” Journals Published

Annual Average # Articles Published

1990-2002

# Distinct Individuals Authoring an Article

1990-2002

American Accounting Assoc. The Accounting Review 34.5 180

American Finance Assoc. The Journal of Finance 79.2 317

Academy of Management

Academy of Management Journal 59.1 353

Academy of Management Review 30.9 229

90.0

American Marketing Assoc. Journal of Marketing 28.3 235

Journal of Marketing Research 38.6 228

66.9


Citations - Relevance Number of cites in SSCI for 4 major journals in finance, marketing and accounting Finance:

26741 Journal of Finance 17631 Journal of Financial Economics 3977 Review of Financial Studies 5037 Journal of Financial and Quantitative Analysis 53386 TOTAL CITES

Marketing: 18595 Journal of Marketing 16799 Journal of Marketing Research 15463 Journal of Consumer Research 5107 Marketing Science 55964 TOTAL CITES

Accounting: 3361 Accounting, Organizations and Society 4842 Journal of Accounting Research 4051 Journal of Accounting and Economics 4064 Accounting Review 16318 TOTAL CITES


The Accounting Review

The Executive Committee has voted to increase the number of annual issues from 4 to 6 over two years.

The fifth issue will appear in 2006, the sixth in 2007 or 2008.

Should sixth issue be an annual meeting issue?


Accounting Horizons

Incoming editorial team at Horizons, May 1, 2006: Ella Mae Matsumura & David Ziebart

Editors will be attending AAA section and regions meetings to identify promising AH articles

New award -- Best paper published in Horizons, voted on by subscribers to Horizons with the winner receiving a cash prize of $2,500, the award is sponsored by McGraw-Hill/Irwin.


Accounting Horizons

Another initiative is to seek more articles that deal with practice-related areas. These articles could be in any area: auditing; management accounting; tax; information systems; financial accounting; The following are potential characteristics of such practice-related papers: A practitioner participates in and contributes directly to the

research results in an area with application to practitioners. A paper is aimed directly at practitioners to help them

identify a potential issue that they should be aware of or to help them solve an existing known issue.

A paper is directed at a regulator or standard setter to support existing ongoing standard setting or to raise an issue to the body that needs attention.


Accounting Horizons A paper is written to advance research in an area that

directly impacts current practice (the main point here is a current issue).

A paper raises issues in practice that are not clearly evident.

A paper explaining how to apply new and complex accounting, auditing, and tax pronouncements. (The Journal of Accountancy used to publish rigorous papers on how to apply complex accounting standards in the 1960s and 1970s and we view such papers as usual additions to the literature.)


Accounting Notes

Electronic “journal” that includes an extended abstract of all articles published in the TAR, Accounting Horizons, Issues in Accounting Education, and the AAA-section journals.

The executive summaries would be written so as to be understandable by a general audience.

The idea is produce a single source of all published research in AAA association-wide and sections journals to increase the visibility of the research output carried in the association’s journals.

This project which is still in the planning stage, your feedback is invited.


Accounting Education

The Accounting Education Committee, chaired by VP-Education Nancy Bagranoff, will work with the Teaching and Curriculum section to address education issues.

The Committee will also monitor and expand AAA web resources for teaching.


Issues in Accounting Education

Search for new editor of Issues - nominations welcome by December 1st, 2005.


AICPA: The Supply of Accounting Graduates…145 Accounting Ph.D.s were awarded in 2002-2003, an increase over

2001-2002 estimates.

TABLE 3B

Accounting Ph.D’s Awarded 1998–99 Through 2002–03

Number of Graduates Rate of Growth

1998–99 185 – 3%

1999–00 195 + 5%

2000–01 115 – 41%

2001–02 110 – 4%

2002–03 145 + 32%


Business School-wide PhD shortage

The AACSB (2003) expects the current faculty shortage to reach 1,142 individuals by 2008, and 2,419 by 2013. DeAngelo, Harry, DeAngelo, Linda and Zimmerman, Jerold L., "What's

Really Wrong With U.S. Business Schools?" (July 2005).


“Shortage” of Accounting FacultyEstimate for 2005-06 Thru 2007-2008

A u d i t F i n a n c i a l M a n a g e r i a l A I S T a x M u l .S p e c i a l i t y

D e m a n d

S u p p ly

4 6 %

1 1 4 %

6 9 %

7 9 %3 6 %


Call for Nominations

Outstanding Accounting Educator Award Committee chair: Paula Thomas

Innovation in Accounting Education Award Committee Chair: Paul Solomon

Deloitte Wildman Award Committee Chair: Jean Bedard

Competitive Manuscript Award Committee Chair: Ed Maydew

Notable Contribution of the Literature Screening Committee Chair: Ken Merchant Selection Committee Chair: Anthony Hopwood

state of the aaa. aaa san francisco 20052 executive committee

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