It will be interesting to see what happens to the large numbers of capital markets financial accounting researchers hitting the market this year in the USA!! What about the wave of alleged audit and tax graduates compliments of the ADS program that are really capital markets grads in disguise?

Surely doctoral programs in accounting have an obligation to prepare graduates who are really able to research and teach auditing not just add a variable to a markets study! The same thing can be said for many of the tax graduates!! The fundamental flaw of the ADS program is that it did not require doctoral programs to prove they had competence, especially in audit research!