Businesses should establish faculty residences

Accountants require new and enhanced training for the always-changing profession. The American Assembly of Collegiate Schools of Business (AACSB), the main accrediting group of business schools, wants to eliminate possible business inexperience in accounting disciplines via the accreditation of accounting programs. For the school to become accredited, roughly 60 percent of the department of accounting's faculty must have had two months of training at an outside source.