| 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. |