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Resources for Accountants

How to Become an Accounting Professor in the US [Video]

How to Become an Accounting Professor in the US

So what does it take to become an accounting professor in the U.S.?
Well, it depends on what you mean by “accounting professor”
You’ve got:
• Tenure-track (and tenured) professors
• Full-time, non-tenure-track professors
• Part-time adjunct professors

Tenure-track professor of accounting
At most universities you’ll need a terminal degree, which means a PhD in accounting.
But some schools, particularly small liberal arts colleges, might hire you for a tenure-track position without a PhD in accounting. For example, they might hire you if you have:
• An out-of-area PhD
• A DBA
• A JD
• A master’s degree

Adjunct Professor
If you already have a full-time job and just want to teach a course or two at a local college, then becoming an adjunct is the path for you.
• Both large and small universities hire adjuncts, and they typically seek someone with industry experience and a CPA
• Having a PhD is a plus but it’s not required, as adjuncts aren’t expected to do research.
• You aren’t an employee of the university and won’t receive benefits, and you’ll be paid a lot less than the full-time faculty
• There’s also no job security, as you’re simply being hired to teach courses on a semester-to-semester basis.

Full-time, non-tenure-track professor
• Generally aren’t required to do much (or any) research
• Have a higher teaching load than tenure-track and tenured faculty
And while you are a full member of the faculty and will get health benefits, full-time, non-tenure-track faculty don’t get paid as much as tenure-track faculty and there is less prestige.
But it’s a great role for someone who absolutely loves teaching and isn’t excited about research. You don’t typically need a doctorate to land these types of jobs, although some of the top-tier schools might want someone with a PhD.

If you want to learn more about the requirements for landing a job as an accounting professor, you should look at lots of job postings.
HigherEdJobs and The Chronicle of Higher Education are just two of many places that post accounting faculty positions:
https://www.higheredjobs.com
https://jobs.chronicle.com/

0:00 Introduction
0:14 Tenure-track professors
2:26 Adjunct professors
3:04 Full-time, non-tenure-track professors

Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world.

SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS:
• A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING
• A 44-PAGE GUIDE TO U.S. TAXATION
• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS
• MANY MORE FREE PDF GUIDES AND SPREADSHEETS
* http://eepurl.com/dIaa5z

SUPPORT EDSPIRA ON PATREON
*https://www.patreon.com/prof_mclaughlin

GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT
* https://edspira.thinkific.com

LISTEN TO THE SCHEME PODCAST
* Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725
* Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc
* Website: https://www.edspira.com/podcast-2/

GET TAX TIPS ON TIKTOK
* https://www.tiktok.com/@prof_mclaughlin

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* https://www.edspira.com/index

CONNECT WITH EDSPIRA
* Facebook: https://www.facebook.com/Edspira
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CONNECT WITH MICHAEL
* Twitter: https://www.twitter.com/Prof_McLaughlin
* LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin

ABOUT EDSPIRA AND ITS CREATOR
* https://www.edspira.com/about/
* https://michaelmclaughlin.com

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Categories
Resources for Accountants

Journal Entry for Accounts Payable [Video]

Accounts payable is a liability that represents amounts the company owes for the purchase of goods or services on credit. Accounts payable is also known as trade payables and is typically classified as a current liability on the balance sheet.When a company purchases good or services on credit, the company debits an expense account or an asset account (e.g., inventory) and then credits accounts payable. When the company later pays the supplier, the company debits accounts payable and credits the cash account.— Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education accessible to all people.— SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS: • A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING• A 44-PAGE GUIDE TO U.S. TAXATION• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS• MANY MORE FREE PDF GUIDES* http://eepurl.com/dIaa5z— HIRE MICHAEL MCLAUGHLIN, PHD, CPA * https://michaelmclaughlin.com/hire-me — GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT * https://edspira.thinkific.com — LISTEN TO THE SCHEME PODCAST * Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725 * Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc * Website: https://www.edspira.com/podcast-2/ — GET TAX TIPS ON TIKTOK * https://www.tiktok.com/@prof_mclaughlin — ACCESS INDEX OF VIDEOS * https://www.edspira.com/index — CONNECT WITH EDSPIRA * Facebook: https://www.facebook.com/Edspira * Instagram: https://www.instagram.com/edspiradotcom * LinkedIn: https://www.linkedin.com/company/edspira — CONNECT WITH MICHAEL * Twitter: https://www.twitter.com/Prof_McLaughlin * LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin — ABOUT EDSPIRA AND ITS CREATOR * https://www.edspira.com/about/