Abstract
This study introduces faculty memberships in the editorial review boards (ERB) of journals as an alternative criterion for developing rankings of accounting programs. The criterion was measured using a survey of 27 academic and 27 professional journals. This process was repeated using only 9 top academic journals. The outcome using only these journals was similar to that obtained through the use of 54 journals. The results indicate that ERB membership is a consistent method of ranking institutions. The method avoids most of the problems encountered by publication productivity-based criteria, is easy to implement, and is easy to replicate at regular intervals.