On 23 May 2014 in Astana city Independent Agency for Accreditation and Rating (IAAR) and the Accreditation Council for Business Schools and Programs (ACBSP) singed Memorandum of Cooperation in the field of quality assurance in higher education. ACBSP and IAAR concluded this Memorandum in order to establish effective cooperation in the field of quality assurance, training of competent experts, implementation of joint educational projects, exchange of experience in the field of business education.

The Accreditation Council for Business Schools and Programs (ACBSP) is a leading specialized accreditation association for business education supporting, celebrating, and rewarding teaching excellence. The association embraces the virtues of teaching excellence and emphasizes to students that it is essential to learn how to learn.

ACBSP accredits business, accounting, and business-related programs at the associate, baccalaureate, master, and doctorate degree levels worldwide. Recognized by the Council for Higher Education Accreditation (CHEA) in 2001 and again in 2011, ACBSP was the first to offer specialized business accreditation at all degree levels.

ACBSP acknowledges the importance of scholarly research and inquiry and believes that such activities facilitate improved teaching. Institutions are strongly encouraged to pursue a reasonable mutually beneficial balance between teaching and research. And further, ACBSP encourages faculty involvement within the contemporary business world to enhance the quality of classroom instruction and to contribute to student learning.

For further information to ACBSP: http://www.acbsp.org/