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Kent State Earns Accounting Accreditation

Posted Jun, 7, 2010

Kent State University has earned accreditation for its accounting program from AACSB International (the Association to Advance Collegiate Schools of Business). Founded in 1916, AACSB is the longest serving global accrediting body for business schools that offer undergraduate, master’s and doctoral degrees in business and accounting.

AACSB accreditation is the hallmark of excellence in business education and has been earned by less than five percent of the world’s business schools. Today, there are 593 business schools in 37 countries that maintain AACSB accreditation. Similarly, 173 institutions maintain an additional specialized AACSB accreditation for their accounting programs.

“We congratulate Kent State University and Dean Robert ‘Yank’ Heisler for earning AACSB accreditation for its accounting program while maintaining AACSB accreditation for the school’s business program,” said John J. Fernandes, president and chief executive officer of AACSB International. “Dean Heisler and the faculty, directors and administrative staff of Kent State University are to be commended for achieving both accounting and business accreditations—an endeavor accomplished by only 173 business schools across the world.”

Achieving accreditation is a process of rigorous internal review, evaluation and adjustment and can take several years to complete. Kent State has been working toward AACSB accreditation for more than 10 years. During this time, the university has developed and implemented a plan to meet the 21 AACSB standards requiring a high-quality teaching environment, a commitment to continuous improvement and curricula responsive to the needs of business. As required by AACSB standards, all accredited schools must go through a peer review process every five years in order to maintain their accreditation.

“Achieving AACSB accounting accreditation is an exceptional accomplishment for our department and is the result of faculty and staff teamwork,” said Linda Zucca, associate professor and chair of Kent State’s Department of Accounting. “This goal was the dream of Dick Brown, our former chair, who provided the enthusiasm and foresight to make it attainable. Accreditation will provide us with a competitive edge when recruiting students and faculty and has resulted in stronger and more efficient programs and department.”

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 21 business accreditation quality standards, accounting accreditation requires the satisfaction of an additional set of 15 standards that are specific to the discipline and profession of accounting.

“I commend Kent State University for its dedication to management education, and for its leadership within the community,” said Jerry Trapnell, executive vice president and chief accreditation officer of AACSB International. “By earning accounting accreditation, Kent State has not only met specific standards of excellence for their overall business program, but has also made a commitment to excellence for their accounting program.”

About AACSB International
AACSB International (the Association to Advance Collegiate Schools of Business), founded in 1916, is a membership association of almost 1,200 educational institutions, businesses and other organizations in 74 countries and territories. AACSB’s mission is to advance quality management education worldwide through accreditation and thought leadership. AACSB accreditation is the mark of quality distinction most widely sought after by business schools—less than 5% worldwide have earned the achievement. As the leading membership and accrediting body for institutions offering undergraduate, master’s and doctorate degrees in business and accounting, the association also conducts a wide array of conferences and seminar programs at locations throughout the world. AACSB’s global headquarters is located in Tampa, Florida, USA, and its Asia headquarters is located in Singapore. For more information, please visit www.aacsb.edu.

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Media Contacts:
Linda Zucca, lzucca@kent.edu, 330-672-1117
Emily Vincent, evincen2@kent.edu, 330-672-8595