Brought to you by the Pre-certification Education Executive Committee.
The AICPA Accounting Advisory Council Toolkit provides some guidelines and best practices to use in building your own council of advisors. We surveyed some of the top accounting programs to provide you examples of successful councils.
We should be clear that there is no ONE best formula for such an entity. Optimal membership size, composition, meeting frequency and agendas may be different for big schools versus small ones, public versus private schools, teaching versus research schools, universities in urban or rural areas, and so on. However, the toolkit is meant to provide you with the structure for making the best determination for your school about how to develop and maintain a successful council that fosters interaction between faculty and practice, provides a mechanism for obtaining professional updates and advice and creates learning and employment opportunities for faculty and students.