Accounting earns international accreditation
Distinction places School of Business among top 1 percent worldwide
Auburn Montgomery has achieved accreditation for its Bachelor of Science in Business Administration, Accounting program from the Association to Advance Collegiate Schools of Business, joining an elite group of institutions that have achieved the standard worldwide.
Less than 5 percent of the world’s business schools have received business accreditation from AACSB International, and less than 1 percent of these have achieved both business and accounting accreditation. AUM is now one of four business schools in Alabama, and one of 177 worldwide, with both business and accounting accreditation.
“AACSB commends the faculty, dean and administration staff for their exemplary work in helping Auburn University at Montgomery earn the highest achievement in accounting and business school accreditation,” said John J. Fernandes, president and chief executive officer of AACSB International. “We send our heartiest congratulations and wish them the best for the future.”
To receive accounting accreditation, an institution must first earn or maintain AACSB business accreditation, which involves a meticulous internal review and evaluation process. Accounting accreditation requires the satisfaction of an additional set of standards that are specific to the discipline and profession of accounting.
During the accounting accreditation process, Auburn Montgomery was visited and evaluated by accounting educators with detailed knowledge of management education – applying accreditation standards that are widely accepted in both the educational and accounting community.
“We are very appreciative of the peer review team’s feedback and their willingness to share suggestions for continuous improvement of our program,” said Dr. Rhea Ingram, dean of the AUM School of Business. “It is an exciting time for us. I am proud of our faculty, staff, administration and students for achieving this recognition. In addition, the peer review team highlighted the positive relationships we have with our stakeholders and alumni within the community. This speaks volumes about the quality of our program.”
AUM will be recognized in May at the 2012 AACSB International Conference and Annual Meeting in San Diego.
In addition to its international accreditation, the AUM School of Business is also rated as a Best Business School by The Princeton Review and a Best Graduate School by the U.S. News Media Group. To learn more about AUM’s accounting program, visit www.aum.edu/business.
Founded in 1916, AACSB International includes nearly 1,200 educational institutions, businesses and other organizations in 78 countries. Its mission is to advance quality management education worldwide through accreditation, thought leadership and value-added services. It is the premier accreditation body for institutions offering bachelor’s, master’s and doctoral degrees in business and accounting. Learn more at www.aacsb.edu.