The Federation of Schools of Accountancy

On July 31, 2022, the FSA will dissolve to make way for the newly-named "Leadership in Accounting Education" section of the American Accounting Association. Learn more about this exciting development on our About Us page.

44

Years since founded

404

Student Award Recipients

142

Member schools

8

Partners/Affiliates

About Us

The FSA was formed in 1978 to provide the impetus for the development of professional schools of accountancy much like medicine and law. It had a unique audience of accredited graduate accounting programs and sponsored two significant events during the year — the faculty consortium and the joint FSA-APLG meeting, both of which were very well attended.

The FSA also provided four major awards per year with the student awards having the most recognition.

FSA Student Award Program

Recognized an outstanding student from each full-member school.

FSA/Joseph A. Silvoso Faculty Merit Award

Honored an outstanding contribution by a faculty member in a post-baccalaureate professional program of an FSA member school.

FSA Practitioner Service Award

Honored a member of the practicing profession for distinguished service and contributions to the improvement of accounting education and relations with accounting educators.

FSA / Mark Chain Innovation in Graduate Teaching Award

Recognized exceptional graduate accounting course practices.

Strategic Initiatives

Promote Value

This initiative is vital to the fundamental mission of FSA – that of providing real value to our members. We will focus on continually increasing member satisfaction with our current services, as well as adding new ones. We will increase the effectiveness of the accreditation process and increase the support of accreditation by university administrations and CPA firms.

Our goals for this strategic initiative are to:

  • Increase member satisfaction regarding value of FSA membership.
  • Increase effectiveness of accreditation process.
  • Increase FSA revenue.
  • Increase university administration support of separate accreditation.
  • Increase CPA firm support.
Promote

Educate and Involve Faculty

The FSA will increase awareness among faculty members of changes in the economy and the accounting profession with implications for graduate accounting education. We will become the group that is considered the thought leaders for current issues in graduate accounting education. We will also influence positive and meaningful change in graduate accounting programs.

Our goals for this strategic initiative are to:

  • Increase awareness among faculty members of changes in the economy and the accounting profession with implications for graduate accounting education.
  • Become the group that is considered the thought leader for current issues in graduate accounting education.
  • Influence curriculum change in graduate accounting programs.
Educate

Share Innovation

The FSA will increase awareness of effective best practices of graduate school programs. It will use the annual FSA meeting to hold a high quality, high impact innovation session at the FSA meeting. It will also increase the number of alliances through which it will share innovations such as prominent journals and prominent professional groups.

Our goals for this strategic initiative are to:

  • Increase awareness of effective best practices of graduate accounting programs.
  • Hold a high quality, high impact innovation session at the FSA meeting.
  • Increase the number of alliances to share innovations.
  • Prominent journals.
  • Prominent professional groups.
Share

Encourage the pursuit of PhD education

The FSA will increase the number of students in accounting PhD programs both for those coming from accredited accounting programs as well as those coming from the accounting profession. It will also increase the number of PhDs teaching auditing, financial reporting, and tax.

Our goals for this strategic initiative are to:

  • Increase the number of students in accounting PhD programs:
  • Coming from accredited accounting programs.
  • Coming from the accounting profession.
  • Increase the number of PhDs teaching auditing, financial reporting, tax.
Encourage

Provide Independent Input

The FSA will influence the establishment of efficient accounting standards, achieve reliance on AACSB accounting standards for meeting minimum education requirements for sitting for the CPA exam, achieve adoption of uniform requirements to sit for the CPA exam in every jurisdiction, increase FSA membership among state CPA societies and CPA firms, and increase opportunities to provide input to regulatory bodies.

Our goals for this strategic initiative are to:

  • Influence establishment of efficient AACSB accounting standards.
  • Achieve reliance on AACSB accounting standards for meeting minimum education requirements for sitting for CPA exam by all state boards.
  • Achieve adoption of uniform requirement to sit for the CPA exam in every jurisdiction.
  • Increase FSA membership among state CPA societies and CPA firms.
  • Increase opportunities to provide input to regulatory bodies.
Provide

Sponsored Events

The FSA sponsors two significant events during the year — the faculty consortium and the joint FSA-APLG meeting, both of which are very well attended.

Deloitte Foundation/FSA Faculty Consortium

The objective of the program is to provide accounting faculty with a better understanding of business issues, and deliver best practice information that participants can incorporate into their institutions’ curricula. The next meeting will be held on May 13-14, 2022.

APLG/FSA Joint Annual Seminar

This meeting is held annually in February. The programs are varied and provide a forum for the interchange of ideas among participants from schools desiring to develop or improve professional five-year accounting programs.