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School of accountancy named

Wes Mayle

Issue date: 10/21/08 Section: News
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Now that the accounting program has an official name, The Knox School of Accountancy, Joey Styron hopes that this will lead to the program being accredited, which will make The Knox School one of the most sought-after accounting programs in the nation.

"We're gearing up to get a special accounting accreditation," said Styron, director of The Knox School of Accountancy. "So the new accounting faculty members and the resources that we now have available will help us prepare for that accreditation process, which will make the school of accounting here in the top group of accounting programs in the nation."

The name change came after a meeting in which the Faculty Policies Committee approved a recommendation by the faculty in The Hull College of Business to name the college after the Knox family, who through The Knox Foundation gave a $2 million gift to the Hull College for its accounting program.

"When you have a named program, it's much easier to market the program and build more name recognition, and that helps build (the school's) reputation," Styron said.

Styron said the school plans to hire two new accounting faculty members, which, in turn, will enable the school to offer new accounting courses.

According to Styron, some of the money from The Knox Foundation will go to new accounting scholarships. Now, every year, $50,000 will be available for scholarships. Students interested in the scholarship can apply in the financial aid office.

"Some (students) may be recruited from high school," Styron said. "We would use the scholarships to encourage them to come to (Augusta State University)."

The Committee also recommended that an endowed chair head up the school. When a chair is named, his title will be Peter S. Knox III Endowed Chair of Accounting.

Styron will still direct the program, and the chair will teach a few less classes than most faculty in order to focus more on research.

According to Marc Miller, dean of The Hull College of Business, in a press release, the college will eventually become a top-tier business school.

Just recently the college was accredited by the Association to Advance Collegiate Schools of Business and is one of only 300 schools in the nation to hold that honor. The business college has also been featured in The Princeton Review as one of the top 270 business schools in the nation.
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