AUBURN UNIVERSITY MONTGOMERY EARNS AACSB ACCREDITATION IN ACCOUNTING
 Tampa, Fla., USA (January 4, 2012)—AACSB
International announced today that Auburn University Montgomery has earned accreditation for its accounting program within the School of Business. Founded in 1916, AACSB International (AACSB) is the longest serving global accrediting body for business schools that offer undergraduate, master's, and doctoral degrees in business and accounting.
"We congratulate Auburn University Montgomery and dean W. Rhea Ingram for earning AACSB Accreditation for its accounting program," said John J. Fernandes, president and chief executive officer of AACSB International. "Dean Ingram and the faculty, directors, and administrative staff of Auburn University Montgomery are to be commended for their role in earning accreditation in accounting, as well as for maintaining excellence in their overall business program."
AACSB accreditation is the hallmark of excellence in business education, and has been earned by less than five percent of the world's business schools. Today, there are 643 business schools across 43 countries and territories that maintain AACSB Accreditation. Similarly, 177 institutions maintain an additional specialized AACSB Accreditation for their accounting programs.
Achieving accreditation is a process of rigorous internal review, evaluation, and adjustment and can take several years to complete. During these years, the school develops and implements a plan to meet the AACSB Accreditation Standards, which require a high-quality teaching environment, a commitment to continuous improvement, and curricula responsive to the needs of businesses.
To realize accounting accreditation, an institution must first earn or maintain AACSB Business Accreditation. Then, in addition to developing and implementing a mission-driven plan to satisfy the business accreditation quality standards, accounting accreditation requires the satisfaction of an additional set of accreditation standards that are specific to the discipline and profession of accounting.
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"It takes a great deal of self evaluation and determination to earn both accounting and business accreditation, and I commend Auburn University Montgomery for its dedication to management education," said Jerry Trapnell, executive vice president and chief accreditation officer of AACSB International. "Through accreditation, Auburn University Montgomery has not only met specific standards of excellence, but has also made a commitment to ongoing improvement to ensure that the institution will continue to deliver high quality education to its students."
AACSB International also announced that 39 institutions have maintained their accreditation in business and 16 have maintained their accreditation in accounting.
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About AACSB International
AACSB International (The Association to Advance Collegiate Schools of Business), founded in 1916, is an association of more than 1,200 educational
institutions, businesses, and other organizations in over 80 countries and territories. AACSB’s mission is to advance quality management education worldwide through accreditation, thought leadership, and value-added services. As the premier membership and accrediting body for institutions offering undergraduate, master’s, and doctorate degrees in business and accounting, the association also conducts a wide array of conferences and seminar programs at locations throughout the
world. AACSB’s global headquarters is located in Tampa, Florida, USA and its Asia headquarters is located in Singapore.
For more information, please visit www.aacsb.edu.
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