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Public Accounting Report THE INDEPENDENT NEWSLETTER OF THE ACCOUNTING PROFESSION SINCE 1978 AUGUST 2018 VOLUME XLII, NO. 8 IN THIS ISSUE 2 2018 Top 50 Undergraduate Accounting Programs 3 Top 25 Undergraduate Accounting Programs by Faculty Size 4 2018 Top 50 Master s Accounting Programs 5 Top 25 Master s Accounting Programs by Faculty Size 6 Top 25 Accounting Programs by Region 7 Top 50 Accounting Doctoral Programs Coming next month More results! of the PAR s 37th Annual Professors Survey 2018! October 31, 2018 PAR s Annual Professors Survey: Soliciting Favor Can Backfire s that reach out to accounting professors and ask them to rank their accounting programs among the nation s best in s Annual Professors Survey are as likely to evoke a negative response as a positive response. Accounting departments are increasingly reaching out to professors outside their own schools when the survey PAR uses for its annual rankings of the nation s best accounting programs hits inboxes each April. But those efforts are not particularly effective. PAR s 37th Annual Professors Survey, conducted this spring, asked professors if the solicitations they received had a negative influence, a positive influence, or no influence. Of respondents who d been solicited, 78% said the solicitations had no influence; the remaining 22% were evenly divided between being positively influenced and negatively influenced. Professors rank the top undergraduate, graduate and doctoral accounting programs in PAR s Annual Professors Survey. Nearly 1,000 eligible accounting professors from approximately 200 U.S. colleges and universities that offer accounting degrees participated this year. Each survey was validated for eligibility, and ineligible submissions were disqualified. The survey was open to professors of accounting at U.S. colleges and universities that offer at least one accounting degree. This year s survey breaks with tradition in that it ranks the Top 50 accounting doctoral programs instead of the Top 25, offering a glimpse behind the curtain that isn t usually revealed. Baylor University, University of Kansas, University of Oregon and University of South Carolina made the Top 50 lists for both their undergraduate and master s accounting programs after going unranked last year for both programs. Other schools joining the Top 50 Undergraduate Programs in 2018 are Clemson University, the College of William & Mary, University of North Texas and University of Texas at Dallas. New appearances in the rankings of the Top 50 Master s Programs include Rice University, University of Arkansas and University of South Florida.

2 PUBLIC ACCOUNTING REPORT 2018 Top 50 Undergraduate Accounting Programs 2018 2017 2018 2017 1 1 University of Texas 26 31 CUNY, Baruch College 2 2 University of Illinois 27 33 University of Tennessee 3 3 Brigham Young University 1 28 25 University of Massachusetts Amherst 4 4 University of Notre Dame 1 29 32 Boston College 5 6 Indiana University 30 37 University of Arizona 6 5 University of Southern California 31 NR University of South Carolina 7 8 University of Mississippi 32 NR University of Kansas 8 10 University of Florida 33 35 (T) Villanova University 1 9 7 University of Alabama 34 27 (T) New York University 10 11 University of Georgia 35 NR Baylor University 1 11 9 Texas A&M University 36 NR College of William & Mary 1 12 14 The Ohio State University 37 43 Northern Illinois University 1 13 13 University of Missouri 38 (T) 44 (T) Northeastern University 1 14 16 University of Pennsylvania 2 38 (T) 35 (T) University of Connecticut 15 12 University of Wisconsin-Madison 40 (T) 46 (T) Lehigh University 1 16 18 University of Washington 40 (T) 39 Texas Tech University 17 15 Michigan State University 42 49 (T) University of Oklahoma 18 24 Arizona State University 43 34 Florida State University 19 17 University of Virginia 1 44 NR University of Oregon 20 23 Wake Forest University 1 45 27 (T) Auburn University 1 21 22 Virginia Tech 46 NR University of North Texas 22 26 Bentley University 47 NR University of Texas at Dallas 23 21 The Pennsylvania State University 48 30 University of Utah 24 20 Miami University (Ohio) 1 49 NR Clemson University 1 25 19 University of Iowa 50 46 (T) Texas Christian University 1 Notes: NR = Not ed. (T) = Tie. 1 Does not offer a PhD in accounting. 2 Does not offer a master s degree in accounting. Some schools listed may offer variations to traditional bachelor s degrees in accounting, such as concentrations and integrated degrees. All schools are main campus unless otherwise indicated. Source: PAR research based on U.S. accounting professors rankings of universities. Survey was conducted during s Annual Professors Survey is open to professors of accounting at U.S. colleges and universities that offer at least one accounting degree. Accounting departments are encouraged to keep their faculty lists current with PAR for survey distribution. List updates are accepted between Feb. 1 and Feb. 15 annually. Eligible accounting departments should submit list updates in Excel format with one column for name, one column for professional title, and one column for email address to Julie.Lindy@wolterskluwer.com during the annual acceptance period. All names on submitted faculty lists are independently verified for eligibility.

August 2018 Volume XLII, NO. 8 3 Top 25 Undergraduate Programs at s with 24+ Top 25 Undergraduate Programs at s with 17-23 Top 25 Undergraduate Programs at s with 16 or Fewer 1 University of Texas 2 University of Illinois 3 Brigham Young University 4 University of Notre Dame 5 Indiana University 6 University of Southern California 7 University of Alabama 8 University of Georgia 9 Texas A&M University 10 The Ohio State University 11 University of Wisconsin-Madison 12 Michigan State University 13 Arizona State University 14 Virginia Tech 15 Bentley University 16 The Pennsylvania State University 17 Miami University (Ohio) 18 University of Arizona 19 University of South Carolina 20 Villanova University 21 Baylor University 22 Northern Illinois University 23 (T) Northeastern University 23 (T) University of Connecticut 25 University of Texas at Dallas Notes: (T) = Tie. Some schools listed may offer variations to traditional bachelor s degrees in accounting, such as concentrations and integrated degrees. All schools are main campus unless otherwise indicated. Source: PAR research based on U.S. accounting professors rankings of universities. Survey was conducted during 1 University of Mississippi 2 University of Florida 3 University of Missouri 4 University of Pennsylvania 5 University of Washington 6 University of Iowa 7 CUNY, Baruch College 8 University of Tennessee 9 Boston College 10 University of Kansas 11 New York University 12 Texas Tech University 13 University of Oklahoma 14 Florida State University 15 University of Oregon 16 Auburn University 17 University of North Texas 18 University of Utah 19 Texas Christian University 20 University of Maryland 21 University of Arkansas 22 University of Nebraska-Lincoln 23 Emory University 24 University of Miami 25 Louisiana State University Notes: Some schools listed may offer variations to traditional bachelor s degrees in accounting, such as concentrations and integrated degrees. All schools are main campus unless otherwise indicated. Source: PAR research based on U.S. accounting professors rankings of universities. Survey was conducted during 1 University of Virginia 2 Wake Forest University 3 University of Mass. Amherst 4 College of William & Mary 5 Lehigh University 6 Mississippi State University 7 Florida Southern College 8 University of Colorado 9 (T) Case Western Reserve University 9 (T) Georgetown University 11 Samford University 12 (T) Ohio University 12 (T) Washington University 14 University of Tampa 15 Boston University 16 University of Nevada, Las Vegas 17 Murray State University 18 Bryant University 19 University of Richmond 20 Missouri State University 21 Washington State University 22 Utah State University 23 Portland State University 24 Southern Methodist University 25 University of California, Irvine Notes: (T) = Tie. Some schools listed may offer variations to traditional bachelor s degrees in accounting, such as concentrations and integrated degrees. All schools are main campus unless otherwise indicated. Source: PAR research based on U.S. accounting professors rankings of universities. Survey was conducted during

4 PUBLIC ACCOUNTING REPORT 2018 Top 50 Master s Accounting Programs 2018 2017 2018 2017 1 1 University of Texas 26 30 University of Massachusetts Amherst 2 2 University of Illinois 27 23 University of Tennessee 3 3 Brigham Young University 1 28 48 Vanderbilt University 1,2 4 4 University of Notre Dame 1 29 NR University of Kansas 5 5 University of Michigan 2 30 33 University of Arizona 6 6 University of Southern California 31 26 (T) Bentley University 7 11 University of Florida 32 28 Miami University (Ohio) 1 8 7 Indiana University 33 36 University of Connecticut 9 8 University of Mississippi 34 42 Villanova University 1 10 9 University of Alabama 35 32 CUNY, Baruch College 11 15 University of Missouri 36 47 Northeastern University 1 12 10 Texas A&M University 37 NR University of South Carolina 13 13 University of Georgia 38 29 Auburn University 1 14 12 The Ohio State University 39 31 Florida State University 15 14 University of North Carolina at Chapel Hill 2 40 NR University of Oregon 16 17 University of Wisconsin-Madison 41 34 University of Utah 17 16 University of Virginia 1 42 NR University of South Florida 18 20 University of Washington 43 46 University of Texas at Dallas 19 19 Michigan State University 44 38 Northern Illinois University 1 20 18 Wake Forest University 1 45 41 Texas Tech University 21 (T) 24 Arizona State University 46 NR Baylor University 1 21 (T) 21 Virginia Tech 47 35 North Carolina State University 1 23 22 New York University 48 37 College of William & Mary 1 24 26 (T) The Pennsylvania State University 49 NR Rice University 1,2 25 25 University of Iowa 50 NR University of Arkansas Notes: NR = Not ed. (T) = Tie. 1 Does not offer a PhD in accounting. 2 Does not offer a bachelor s degree in accounting. Master s degrees in accounting and integrated degrees only; does not include MBAs. All listings are main campus unless otherwise noted. Source: PAR research based on U.S. accounting professors rankings of universities. Survey was conducted in s Annual Professors Survey is open to professors of accounting at U.S. colleges and universities that offer at least one accounting degree. Accounting departments are encouraged to keep their faculty lists current with PAR for survey distribution. List updates are accepted between Feb. 1 and Feb. 15 annually. Eligible accounting departments should submit list updates in Excel format with one column for name, one column for professional title, and one column for email address to Julie.Lindy@wolterskluwer.com during the annual acceptance period. All names on submitted faculty lists are independently verified for eligibility.

August 2018 Volume XLII, NO. 8 5 Top 25 Master's Programs at s with 24+ Top 25 Master s Programs at s with 17-23 Top 25 Master s Programs at s with 16 or Fewer 1 University of Texas 2 University of Illinois 3 Brigham Young University 4 University of Notre Dame 5 University of Southern California 6 Indiana University 7 University of Alabama 8 Texas A&M University 9 University of Georgia 10 The Ohio State University 11 University of Wisconsin-Madison 12 Michigan State University 13 (T) Arizona State University 13 (T) Virginia Tech 15 The Pennsylvania State University 16 University of Arizona 17 Bentley University 18 Miami University (Ohio) 19 University of Connecticut 20 Villanova University 21 Northeastern University 22 University of South Carolina 23 University of Texas at Dallas 24 Northern Illinois University 25 Baylor University Notes: (T) = Tie. Master s degrees in accounting and integrated degrees only; does not include MBAs. All listings are main campus unless otherwise noted. Source: PAR research based on U.S. accounting professors rankings of universities. Survey was conducted in 1 University of Michigan 2 University of Florida 3 University of Mississippi 4 University of Missouri 5 University of N.C. at Chapel Hill 6 University of Washington 7 New York University 8 University of Iowa 9 University of Tennessee 10 University of Kansas 11 CUNY, Baruch College 12 Auburn University 13 Florida State University 14 University of Oregon 15 University of Utah 16 University of South Florida 17 Texas Tech University 18 University of Arkansas 19 Boston College 20 University of Oklahoma 21 University of Miami 22 Oklahoma State University 23 Texas Christian University 24 Pace University 25 University of Maryland Notes: Master s degrees in accounting and integrated degrees only; does not include MBAs. All listings are main campus unless otherwise noted. Source: PAR research based on U.S. accounting professors rankings of universities. Survey was conducted in 1 University of Virginia 2 Wake Forest University 3 University of Mass. Amherst 4 Vanderbilt University 5 College of William & Mary 6 Rice University 7 Mississippi State University 8 Case Western Reserve University 9 Lehigh University 10 University of Tampa 11 Cornell University 12 University of Nevada, Las Vegas 13 (T) University of California, Irvine 13 (T) University of Colorado 13 (T) Utah State University 16 Belmont University 17 Missouri State University 18 Southern Methodist University 19 Binghamton University-SUNY 20 Washington State University 21 Southern Utah University 22 Purdue University 23 University of North Alabama 24 Christian Brothers University 25 University of Ala. at Birmingham Notes: (T) = Tie. Master s degrees in accounting and integrated degrees only; does not include MBAs. All listings are main campus unless otherwise noted. Source: PAR research based on U.S. accounting professors rankings of universities. Survey was conducted in

6 PUBLIC ACCOUNTING REPORT Top ed Undergraduate Accounting Programs by Region Northeast/Mid-Atlantic Midwest South West 1 University of Pennsylvania University of Illinois University of Mississippi University of Texas 2 University of Virginia University of Notre Dame University of Florida Brigham Young University 3 Virginia Tech Indiana University University of Alabama University of Southern California 4 Bentley University The Ohio State University University of Georgia Texas A&M University 5 The Pennsylvania State University University of Missouri Wake Forest University University of Washington 6 CUNY, Baruch College University of Wisconsin-Madison University of Tennessee Arizona State University 7 University of Massachusetts Amherst Michigan State University University of South Carolina University of Arizona 8 Boston College Miami University (Ohio) Florida State University Baylor University 9 Villanova University University of Iowa Auburn University Texas Tech University 10 New York University University of Kansas Clemson University University of Oklahoma 11 College of William & Mary Northern Illinois University North Carolina State University University of Oregon 12 Northeastern University University of Nebraska, Lincoln University of Arkansas University of North Texas 13 University of Connecticut University of Minnesota Emory University University of Texas at Dallas 14 Lehigh University Case Western Reserve University Mississippi State University University of Utah 15 University of Maryland DePaul University Florida Southern University Texas Christian University 16 Temple University Ball State University (16-T) University of Miami University of Colorado 17 James Madison University Ohio University (16-T) Louisiana State University University of Denver 18 Georgetown University Washington University (16-T) University of Kentucky University of Nevada, Las Vegas 19 Rutgers University University of Cincinnati University of South Florida Washington State University 20 Babson College Missouri State University Samford University Utah State University 21 George Washington University Drake University University of Tampa Portland State University 22 Boston University Iowa State University Murray State University University of Houston 23 Bryant University Marquette University East Carolina University Southern Methodist University 24 University of Richmond Illinois State University Middle Tennessee State University University of California, Irvine 25 University of Pittsburgh University of Dayton Georgia State University New Mexico State University Note: (T) = Tie. Some schools listed may offer variations on traditional bachelor s degrees in accounting, such as concentrations and integrated degrees. All schools are main campus unless otherwise noted. Source: PAR research based on U.S. accounting professors rankings of universities. Survey was conducted in Top ed Master s Accounting Programs by Region Northeast/Mid-Atlantic Midwest South West 1 University of Virginia University of Illinois University of Florida University of Texas 2 Virginia Tech University of Notre Dame University of Mississippi Brigham Young University 3 New York University University of Michigan University of Alabama University of Southern California 4 The Pennsylvania State University Indiana University University of Georgia Texas A&M University 5 University of Massachusetts Amherst University of Missouri University of North Carolina at Chapel Hill University of Washington 6 Bentley University The Ohio State University Wake Forest University Arizona State University 7 University of Connecticut University of Wisconsin-Madison University of Tennessee University of Arizona 8 Villanova University Michigan State University Vanderbilt University University of Oregon 9 CUNY, Baruch College University of Iowa University of South Carolina University of Utah 10 Northeastern University University of Kansas Auburn University University of Texas at Dallas 11 College of William & Mary Miami University (Ohio) Florida State University Texas Tech University 12 Lehigh University Northern Illinois University University of South Florida Baylor University 13 Boston College Case Western Reserve University North Carolina State University Rice University 14 Temple University University of Minnesota University of Arkansas University of Oklahoma 15 Pace University Ball State University University of Miami Oklahoma State University 16 University of Maryland Iowa State University Clemson University Texas Christian University 17 Rutgers University DePaul University University of Kentucky University of Nevada, Las Vegas 18 George Washington University Missouri State University Louisiana State University University of California, Irvine (18-T) 19 Cornell University University of Cincinnati Georgia State University University of Colorado (18-T) 20 University of Pittsburgh University of Nebraska, Lincoln Mississippi State University Utah State University (18-T) 21 Suffolk University Drake University (21-T) University of Tampa Southern Methodist University 22 St. John s University Southern Illinois University (21-T) Belmont University University of Denver 23 Binghamton University-SUNY (23-T) University of Akron (21-T) East Carolina University (23-T) Washington State University 24 West Virginia University (23-T) University of Dayton (21-T) Middle Tennessee State University (23-T) Southern Utah University 25 Fordham University University of Michigan Dearborn University of Central Florida University of New Mexico Note: (T) = Tie. Master s degrees in accounting and integrated degrees only; does not include MBAs. All listings are main campus unless otherwise noted. Source: PAR research based on U.S. accounting professors rankings of universities. Survey was conducted in KEY: Northeast/Mid-Atlantic: Connecticut; Delaware; Maine; Maryland; Massachusetts; New Hampshire; New Jersey; New York; Pennsylvania; Rhode Island; Vermont; Virginia; West Virginia; Washington, D.C. Midwest: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin. South: Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee. West: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oklahoma, Oregon, Texas, Utah, Washington, Wyoming.

August 2018 Volume XLII, NO. 8 7 Top 50 Accounting Doctoral Programs 2018 2017 2018 2017 1 1 University of Texas 26 19 University of Wisconsin-Madison 2 3 University of Chicago 1,2 27 21 Virginia Tech 3 2 University of Illinois 28 NR University of Massachusetts-Amherst 4 4 Stanford University 1,2 29 NR University of South Carolina 5 6 University of Pennsylvania 2 30 NR Emory University 2 6 5 University of Michigan 1 31 NR Arizona State University 7 8 University of Mississippi 32 NR New York University 8 7 University of Alabama 33 NR University of North Texas 9 9 Texas A&M University 34 NR University of Arkansas 10 10 University of North Carolina at Chapel Hill 1 35 NR Northwestern University 1,2 11 11 University of Washington 36 NR Columbia University 1 12 13 University of Georgia 37 NR Texas Tech University 13 16 University of Florida 38 NR Rutgers University 14 12 Indiana University 39 NR Florida State University 15 14 Michigan State University 40 NR University of Kansas 16 23 University of Iowa 41 (T) NR CUNY, Baruch College 17 20 University of Missouri 41 (T) NR University of South Florida 18 15 Cornell University 43 NR Bentley University 19 17 Massachusetts Institute of Technology 1,2 44 NR University of Oklahoma 20 25 The Ohio State University 45 NR Duke University 1,2 21 NR University of Tennessee 46 NR University of Pittsburgh 22 NR Harvard University 1,2 47 NR University of Central Florida 23 22 University of Southern California 48 NR University of Connecticut 24 (T) 24 The Pennsylvania State University 49 NR University of Rochester 24 (T) 18 University of Arizona 50 NR University of Texas at Dallas Note: NR = Not ed. (T) = Tie. The 2017 list featured the Top 25 Doctoral Programs, not the Top 50. 1 Does not offer a bachelor s degree in accounting. 2 Does not offer a master s degree in accounting. Source: PAR research based on U.S. accounting professors rankings of accounting programs at U.S. colleges and universities. All listings are main campus unless otherwise indicated. Survey was conducted during

8 PUBLIC ACCOUNTING REPORT PAR S 37TH ANNUAL PROFESSORS SURVEY EDITORIAL ADVISORY BOARD 2018 Vairam Arunachalam Director, of Accountancy PricewaterhouseCoopers/Joseph A. Silvoso Distinguished Professor Trulaske College of Business University of Missouri Columbia, Mo. Audrey A. Gramling Chair & Head, of Accounting Spears of Business Oklahoma State University Stillwater, Okla. William Holder Dean, Leventhal of Accounting Alan Casden Dean s Chair & Professor of Accounting Marshall of Business University of Southern California Los Angeles Denise A. Jones John S. Quinn Term Professor of Accounting Raymond A. Mason of Business College of William & Mary Williamsburg, Va. Gary McGill J. Roy Duggan Professor Associate Dean and Director Fisher of Accounting Warrington College of Business University of Florida Gainesville, Fla H. Fred Mittelstaedt Deloitte Foundation Professor of Accountancy and Chair Mendoza College of Business University of Notre Dame Notre Dame, Ind. Mark Myring Chairperson and Distinguished Alumni Professor of Accounting Miller College of Business Ball State University Muncie, Ind. Jana Raedy Associate Dean, Master of Accounting Program Associate Professor, EY Scholar in Accounting University of North Carolina Chapel Hill, N.C. W. Mark Wilder Dean and KPMG Chair of Accountancy Patterson of Accountancy The University of Mississippi Oxford, Miss. Members of the editorial advisory board for s Annual Professors Survey act in two primary roles: (1) as voluntary consultants to the PAR editorial staff on the annual professors survey and on issues regarding the accounting academic community, and (2) as ambassadors and liaisons between the academic community and PAR. Editorial advisory board members agree to provide frank, unbiased input and suggestions about the survey and other academic matters to PAR s editorial team and to serve as a sounding board for ideas and questions. Members serve strictly in an advisory capacity. Editorial board members have no influence over survey results, are not privy to survey outcomes prior to publication, and receive no compensation. Membership rotates periodically on a staggered basis. Accounting department leaders wishing to serve on the board should email Editor Julie Lindy at Julie.Lindy@wolterskluwer. com with the subject line: PAR Professors Survey Editorial Board. PUBLIC ACCOUNTING REPORT THE INDEPENDENT NEWSLETTER OF THE ACCOUNTING PROFESSION SINCE 1978 VOLUME XLII, NO. 8 Editor Julie Lindy julie.lindy@wolterskluwer.com Journals and Newsletters Email Alert for the Current Issue Sign Up Here... CCHGroup.com/Email/Journals Contributing Editor Carrie Kostelec carrie.kostelec@wolterskluwer.com Editorial Assistant Velavan BS Production Editor Prasath J PUBLIC ACCOUNTING REPORT (ISSN 0161-309X) is published monthly by Wolters Kluwer, 2700 Lake Cook Road, Riverwoods, Illinois 60015. Subscription inquiries should be directed to 2700 Lake Cook Road, Riverwoods, IL 60015. Phone: 800.449.8114 Fax: 773.866.3895 Email: cust_serv@cch.com Permissions requests: Requests for permission to reproduce content should be directed to Wolters Kluwer, permissions@cch. com. Photocopying or reproducing in any form in whole or in part is a violation of federal copyright law and is strictly forbidden without the publisher s consent. No claim is made to original governmental works; however, within this product or publication, the following are subject to Wolters Kluwer s copyright: (1) the gathering, compilation, and arrangement of such government materials; (2) the magnetic translation and digital conversion of data, if applicable; (3) the historical, statutory, and other notes and references; and (4) the commentary and other materials. 2018 CCH Incorporated and its affiliates. All rights reserved.