University of Warsaw "Kampus Ochota" competition — Design: JSK Architekci. Visualizations: DotDesignStudio

IICPA logo     ASSOCIATION OF ACCREDITED SCHOOLS OF BUSINESS INTERNATIONAL
Formerly Asian Association of Schools of Business International LLC established 2011 under the laws of the State of Delaware.

   Michael Schemmann, PhD, CPA, ICPA, Dipl.-Betriebswirt, Managing Director
   Sakulna Sae-Kim, B.Com., Secretary Treasurer
   Current postal address: PO Box 9, Pak Thong Chai 30150 Thailand.
   and c/o IICPA, Max-Högger-Strasse 6, CH-8048 Zürich, Switzerland.
   Emails: secretary [at] aasbi.com or aasbi.accredited [at] gmail.com

   Charter & Operating Agreement: PDF


About the AASBI

1. AASBI is a private global professional standard setting body serving the public interest, engaged in the accreditation of degree-granting Schools, Colleges and Departments of Business ("Schools") worldwide .

2. AASBI was incorporated in the State of Delaware, entity file number 4943328, 22nd February 2011 as the Asian Association of Schools of Business International, and renamed in 2014 as Association of Accredited Schools of Business International LLC.

Accreditation Process

3. The applying school of business files a Letter of Application together with "Checklist and Affirmation" MS-Word | PDF forms.

4. Unless exempt from audit, the remaining AASBI accreditation process follows the proven pattern for financial statement audits of public companies by engaging a professional audit firm to audit the school's "Statement of Educational Conditions" — see sample — prepared in accordance with the AASBI's Generally Accepted Education Standards (GAEP) and form an opinion thereon.

5. The AASBI's educational auditing standards (GAESA) have been modeled after IFAC's International Standards on Auditing, are therefore familiar to the financial audit profession, and should be performed in conjunction with the school's annual financial statement audit to minimize cost and expense.

6. Certain business schools have been invited to full accreditation on an expedited basis, and are exempt from audit, by providing alternative assurances deemed sufficient in the opinion of the AASBI. See Offer of full accreditation AASBI's letter dated 6 September 2014.

7. AASBI business school accreditation is treated more as a matter of right in the public interest than joining a fraternity of elite Schools and Colleges. Accordingly, AASBI has reduced to simplicity what is often a highly complex and time consuming process.

The Results

8. The business schools' visibility, prestige and reputation is enhanced by AASBI's accreditation, based on the adherence to generally accepted educational standards (GAEP) and the educational audit by licensed auditing firms under rigorous auditing standards (GASESA).

AASBI Home

Updated 2018-06-05