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NEWSLINE - Spring 2000

New Accounting Accreditation Standards Take Root
 
New, more flexible accounting accreditation standards were unanimously endorsed by the AACSB Board of Directors in April and were resoundingly approved by accredited accounting program administrators and deans. The new guidelines are effective beginning next year, unless a school chooses earlier adoption.

The changes are intended to encourage accounting programs to adapt to today's professional accounting environment. Their adoption culminates several years of work by the AACSB Accounting Accreditation Committee, as well as efforts of many AACSB members and numerous constituent accounting educational and professional organizations, which provided constructive input throughout the revision process.

Information on implementation and training related to the new accounting standards revisions are being developed under the oversight of the Accounting Accreditation Committee and will be provided to members later this year.

Schools interested in pursuing accounting accreditation or in obtaining additional information should contact Kim Leadford, accreditation associate, tel: 314-872-8507, ext. 291; Email: kim@aacsb.edu.


Alan N. Attaway, associate dean for academic affairs in the business school at the University of Louisville, discusses implications of changes in the AACSB accounting accreditation standards during a session at the Annual Meeting in April. Attaway is a former member of the Accounting Accreditation Committee and helped draft the new standards.




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