ACBSP offers separate accreditation for the accounting units at schools that have an accredited business program. At the 2009 Annual Conference, LaGrange College in LaGrange, Georgia became the first institution to achieve ACBSP accreditation for its accounting unit. Since that time, 10 institutions in ACBSP membership have achieved separate accounting accreditation.
The National Association of State Boards of Accountancy (NASBA) presented alternatives for curriculum provisions,
including ethics to a select joint panel of identified members of various stakeholder organizations, including NASBA,
state boards of accountancy, American Institute of Certified Public Accountants (AICPA), state CPA societies,
American Accounting Association, accrediting organizations, ethics experts and government regulators such as the
Securities and Exchange Commission, Public Company Accounting Oversight Board, and the U.S. Government
Accountability Office. As a result of their work, state boards of accountancy are being encouraged to adopt rules
that allow students graduating from programs that have attained separate accreditation in accounting to receive
less scrutiny of transcripts and to be determined to have met the recommended requirements to sit for the Certified
Public Accountant (CPA) examination.
Why Pursue Separate Accounting Accreditation?
Nearly all of the benefits that exist for business accreditation apply to accreditation of the accounting program. It
may be possible to secure funds needed to achieve this accounting accreditation through the financial support of an
alumni graduate of the accounting program. If institutions should seek this funding, ACBSP can be helpful in outlining
the costs and benefits for this case statement.
Interested In Learning More?
ACBSP has produced two guides outlining accounting accreditation: The Process for Obtaining Accreditation and the Accounting Accreditation Standards & Criteria. The first guide goes over the ACBSP accreditation process for baccalaureate/graduate degree schools, as well as costs and what schools should expect. The second shows the exact standards and criteria that schools must meet before being awarded accreditation. Both documents can be found below.
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