The courses Professor Carr teaches include Managerial Accounting, Managerial Planning and Control, Finance for Executives, Strategic Cost Systems, and Performance Management and Measurement. His research interests include Cost of Quality, The Role of Finance and the CFO, Multinational Transfer Pricing, and Activity Based Management and Performance Measurement.

Professor Carr is the author of over 30 articles, 20 teaching cases, and co-author of books like Total Quality Management: A Cross-Functional Perspective, Guide to Cost Management and the forthcoming Assessing the Strategic Impact of Enterprise Resource Planning (ERP) Systems. His articles can be found in journals like Management Accounting, Journal of Cost Management, Strategic Performance Measurement, International Journal of Strategic Cost Management and Sloan Management Review.

Prior to starting his academic career, Professor Carr spent 18 years in the industrial sector where he served as a department director, CFO and Vice President with Kollmorgen Corporation, a publicly held diversified electronics company, and President and CEO of OSRAM Corporation, the U.S. and Canadian subsidiary of OSRAM GmbH. He also provided management consulting services for several multinational companies such as Lucent, GE, IBM, Siemens, Pitney-Bowes, Accenture and Xerox. He has been doing consulting in the role of the CFO and the function of the finance organisation. He has also helped some large finance organisations become strategic business partners.