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ACCA USA and Pace University Lubin School of Business Launch First ACCA Accreditation Program at a U.S.-Based Higher Education Institution

02/26/2015

ACCA USA and Pace University Lubin School of Business Launch First ACCA Accreditation Program at a U.S.-Based Higher Education Institution

(New York, N.Y.)  – ACCA USA (the US arm of the Association of Chartered Certified Accountants) and Pace University today announced a landmark partnership linking ACCA’s globally recognized qualification program to both graduate and undergraduate coursework at the New York-based higher education institution, with campuses in the heart of New York City and suburban Westchester.

Starting this fall, both graduate and undergraduate students in Pace University’s Lubin School of Business’s Department of Accounting will be able to complete coursework that will qualify them for specific exemptions from ACCA’s 14 exams; the exemptions will initially include four for graduate courses and five for undergraduate courses.  A student who successfully graduates from Pace’s rigorous program will automatically receive exemptions for those specific exams and be able to use them towards the completion of the ACCA qualification. 

“Pace and ACCA USA share common and strong interests in education and the sustainable development of the accounting profession, regionally and internationally,” said Neil Braun, Dean, Lubin School of Business at Pace University, “in particular concerning the maintenance and promotion of professional, educational and ethical standards, the opportunity for individuals of ability to pursue globally relevant qualifications to enhance their career prospects and ultimately to maintain and develop the profession and the wider economy.”

“ACCA offers business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management,” said Warner Johnston, Head of ACCA USA. “Across the globe, ACCA has forged partnerships with higher education institutions to educate and train some of the best and brightest accounting professionals. This new partnership ushers in a new era in the United States and we are proud to partner with Pace University’s exceptional Lubin School of Business.”

The program is expected to attract a healthy number of international students interested in obtaining both a degree while working towards their ACCA qualification.  According to a recent ACCA survey, nearly three quarters of current ACCA students studying away from their home country would have been interested in studying ACCA in the United States had it been available when selecting their program.

Accreditation enables ACCA to award a specific level of exemption to graduates of an educational program following a full assessment of the program’s regulations, syllabus and assessments.  More details are available at www.accaglobal.com/USApartnerships.

Pace University already is an attractive institution for international students. For Fall 2014, 56% of all graduate accounting students were international. On the undergraduate side, 7% of all accounting students were international. With over 4,000 students, the Lubin School of Business has a large and diverse international student population with 972 students representing 84 nations.

ACCA USA welcomes Pace’s partnership and expects to announce additional accreditation initiatives with other higher education institutions in the United States in the near future.  Pace and ACCA USA have already laid a solid foundation for joint initiatives through shared research and two successful cybersecurity conferences in the past two years.

Globally, ACCA works with more than 600 higher education institutions through Exemption Accreditation to accredit their programs, including Oxford Brookes University in England, University of Sri Jayewardenepura in Sri Lanka, Amity University in India, and Edinburgh Business School in Scotland.

ACCA qualified accountants have leveraged their education to hold impressive careers and work for many leading global employers at the C-suite level in positions including Managing Partners, COOs, CFOs, Executive Directors and CEOs.  More than 35,000 ACCA members are employed by the Big 4 across the globe, with significant numbers in the USA, China and the U.K.

About ACCA

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. We aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management. We support our 170,000 members and 436,000 students in 180 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. We work through a network of 92 offices and centers and more than 8,500 Approved Employers worldwide, who provide high standards of employee learning and development. Through our public interest remit, we promote appropriate regulation of accounting and conduct relevant research to ensure accountancy continues to grow in reputation and influence. www.accaglobal.com

About Pace University

Since 1906, Pace University has educated thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Dyson College of Arts and Sciences, Lubin School of Business, College of Health Professions, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu

About the Lubin School of Business

Globally recognized and prestigiously accredited, the Lubin School of Business integrates New York City’s business world into the experienced-based education of its students at Pace’s suburban and downtown campuses, implemented by the region’s largest co-op program, team-based learning, and customized career guidance. Its programs are designed to launch success-oriented graduates toward upwardly mobile careers.  www.pace.edu/lubin

Contacts: ACCA: Jeff Simmons, jeff@anatgerstein.com, 917-673-0024

Katrin Maier, katrin@anatgerstein.com, 718-793-2211

Pace: Scott Trent, strent@pace.edu, 212-346-1152

William Caldwell, wcaldwell@pace.edu, 212-346-1597

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