School of Accounting and Commercial Law

Accreditation and Professional Bodies

Accreditation of the Victoria Business School and the School of Accounting and Commercial Law

The Faculty is the first in New Zealand to have obtained accreditation from the Association to Advance Collegiate Schools of Business (AACSB) in both Business and Accounting and less than 1% of business schools worldwide hold this distinguished hallmark of excellence.

Prior to gaining AACSB accreditation the Faculty already held AMBA accreditation for the MBA programme.  Since gaining AACSB accreditation, the Faculty has also been awarded EQUIS accreditation from the European Foundation for Management Development.  We are, therefore, now one of 58 business schools (from around 13,000 worldwide) to hold AMBA, AACSB (Business) and EQUIS accreditations, (the ‘Triple Crown’) and among the Triple Crown holders we are the only school to also hold AACSB (Accounting) accreditation.

View Pro Vice-Chancellor and Dean Professor Bob Buckle's National Business Review article, Business schools measure up to international standards, National Business Review, 9 March 2012. 

Accreditation by Professional Accounting Bodies

Accounting, like other professions such as law and medicine, has professional bodies. These bodies regulate members' behaviour, promote issues relevant to the profession and determine the entry requirements for membership of their organisations.

The accounting professional bodies which Victoria is accredited by are:

  • Chartered Accountants Australia and New Zealand
  • CPA Australia
  • Chartered Institute of Management Accountants (CIMA), UK
  • Association of Certified Chartered Accountants (ACCA)

Each professional body has different requirements that must be met before full membership of the body can be obtained. These requirements cover three areas:

  1. University study (both length of study and papers required to be taken);
  2. Professional study; and
  3. Professional experience.

To meet the academic requirements, you will need to complete at least a BCA degree with a major in Accounting. In addition, you need to include specific courses in your degree.

For further information on meeting these academic requirements, refer to the section on the Accounting Profession and careers.

For information on the professional study and practical experience requirements, refer to the following professional body websites: