WS Chronicle

After successfully defending his dissertation, “Fair Value Measurements Disclosure: Mandatory Adoption, Valuation and Disclosure Effects,” Dr. Joseph D. Reid received his Ph.D. in accounting from the University of Memphis and joined the faculty of North Carolina A&T State University.

He was a participant in the PhD Project, an award-winning program to create a more diverse corporate America. Reid is one of only 99 male African-American accounting business school professors in the U.S.; most of those educators have become professors since The PhD Project was created in 1994.

Reid earned a B.S in accountancy from Winston-Salem State University and M.S in accountancy from Wake Forest University. Prior to entering the Ph.D. program, Reid worked in assurance and advisory services for PricewaterhouseCoopers, LLP, primarily serving clients within the financial services industry.

His research interests relate to financial reporting and related disclosures. His teaching responsibilities include Auditing and Financial Accounting.

Dr. Reid began his Ph.D. journey by attending the 2009 November PhD Project Conference. Each year, highly qualified professionals who are considering leaving their careers to enter doctoral programs in business are invited to the conference, where they hear from deans, professors and current minority doctoral students about the benefits of pursuing a business Ph.D.  Conference participants are provided with  the tools and resources they need for the application/admission process to doctoral programs. Once they enter a program, every minority business doctoral student in an AACSB accredited U.S. business school becomes a member of one of The Project’s five (accounting, finance, information systems, marketing and management) Doctoral Student Associations (DSAs). Each year, The Project holds a conference for each of the five DSAs where the doctoral students  come together, forming a strong support network while receiving important tools to help them navigate their doctoral programs. Dr. Reid is a member of The PhD Project Accounting Doctoral Students Association and received a KPMG Doctoral Scholarship throughout his program.

“Dr. Reid has succeeded in the very difficult endeavor of becoming a business school professor,” said Bernard J. Milano, president of The PhD Project and president of the KPMG Foundation, founder and lead funder of the program. “He has demonstrated dedication, hard work and intelligence in joining the rapidly growing ranks of minorities choosing to influence the next generation of business leaders as college professors. The PhD Project takes great pride in his achievements, and looks forward to following his success throughout his career.”

Since its inception, The PhD Project has been responsible for the increase in the number of minority business professors from 294 to 1,217. Furthermore, 361 minorities are currently enrolled in doctoral programs, and will take a place at the front of the classroom over the next few years.