Abstract: Accounting education is facing a crisis of shortage of accounting faculty. This study discusses the reasons behind the shortage and offers suggestions to increase the supply of accounting faculty. Our suggestions are as followings. First, educators should begin promoting accounting academia as one of the career choices to undergraduate and graduate students. Second, schools should provide adequate financial support to Ph.D. students. Third, academic administers should encourage faculty’s involvement in mentoring Ph.D. students. Finally, the tenure and promotion system needs to be reevaluated to facilitate success in faculty development.