TAMPA, Fla., Jan. 30, 2019 /PRNewswire/ -- AACSB International (AACSB) announces that Troy University has earned accounting accreditation for its Sorrell College of Business. Founded in 1916, AACSB is the longest-serving global accrediting body for business schools, and the largest business education network connecting students, educators, and businesses worldwide.
"AACSB seeks to inspire educators to think globally and demonstrate currency, relevance, and continued excellence in providing business education. A fundamental purpose of AACSB's accounting accreditation is to challenge accounting educators to pursue that next level of excellence and commitment to continuous improvement," said Stephanie M. Bryant, executive vice president and chief accreditation officer of AACSB International. "We congratulate Troy University and Dean Judson Edwards on achieving these goals and thereby earning accounting accreditation, and applaud the entire Sorrell College of Business team—particularly those involved with the School of Accountancy—for their roles in earning this respected honor."
Synonymous with the highest standards of quality, AACSB accreditation inspires new ways of thinking within business education globally. As a result, only 5 percent of the world's schools offering business degrees at the bachelor level or higher are accredited. Today, 831 institutions across 54 countries and territories maintain AACSB accreditation. Furthermore, after today's ratification, 189 institutions now maintain a supplemental AACSB accreditation for their accounting programs.
"Our School of Accountancy has a long history of excellence. The achievement of AACSB accounting accreditation truly exemplifies the quality of our accounting programs," said Dr. Judson C. Edwards, dean of the Sorrell College of Business. "I am extremely proud of the leadership provided by Dr. Steve Grice and the commitment of our faculty, staff, alumni, and advisory board in preparing accounting students and advancing the School of Accountancy."
"It is a tremendous honor for the School of Accountancy to be accredited by AACSB International," said Dr. Steve Grice, director of the Troy University School of Accountancy. "Earning the supplemental AACSB accounting accreditation places the Sorrell College of Business in an elite group holding both business and accounting accreditation. Everyone associated with the School of Accountancy worked very hard for this recognition and I could not be happier for them."
AACSB accreditation provides a framework of 15 international standards against which business schools around the world assess the quality of their educational services. These standards ensure continuous improvement and provide focus for schools to deliver on their mission, innovate, and drive impact. AACSB-accredited schools have successfully completed a rigorous, multi-year process which includes self-assessment, plan development, and peer-review, ensuring that they have the resources, credentials, and commitment needed to provide students with a first-rate, future-focused business education.
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.
"Today's ratification signals that Troy University and the Sorrell College of Business accounting graduates have completed a program grounded in exceptional technical and foundational skills, and are prepared to assume critical responsibilities that serve the public interest with integrity and professionalism," said Bryant.
About AACSB International
As the world's largest business education alliance, AACSB International (AACSB) connects educators, students, and business to achieve a common goal: to create the next generation of great leaders. Synonymous with the highest standards of excellence since 1916, AACSB provides quality assurance, business education intelligence, and professional development services to more than 1,600 member organizations and over 800 accredited business schools worldwide. AACSB's mission is to foster engagement, accelerate innovation, and amplify impact in business education. The global organization has offices located in Tampa, Florida, USA; Amsterdam, the Netherlands; and Singapore. For more information, visit aacsb.edu.
SOURCE AACSB International