The Association to Advance Collegiate Schools of Business, also known as AACSB International, is an American professional organization. It was founded as the American Assembly of Collegiate Schools of Business in 1916 to provide accreditation to schools of business,:?2? and was later known as the American Association of Collegiate Schools of Business and as the International Association for Management Education. Not all members of the association are accredited;:?92? it does not accredit for-profit schools. In 2016 it was denied recognition by the Council for Higher Education Accreditation, and later withdrew from membership; in 2019 it obtained ISO 9001 certification. It is one of the three component organizations of triple accreditation of business schools.