Studies conducted in the late 1980s and early 1990s reflected a gender imbalance in the accounting academy as the proportion of female professors fell far below the percentage of women accountants in practice. For a sample of doctoral-granting and nondoctoral-granting Association to Advance Collegiate Schools of Business (AACSB) institutions, the authors in this study examined changes in gender ratios in accounting academia during the period 1994 to 2004. Important findings revealed that, relative to nondoctoral granting programs, terminally qualified female accounting educators were no longer underrepresented at doctoral-granting institutions. In addition, although far from reflecting an appropriate gender balance, the proportion of women in senior faculty and administrative positions had improved dramatically. (Contains 4 tables.)