The main mission of higher educational institutions is to prepare graduates, conduct research, academically serve society, and maintain Thai art and culture. Implementation of these four missions is crucial to the country's development in both short- and long- term. The National Education Act B.E. 2542 (1999) and Amendments (Second National Education Act B.E. 2545 (2002) indicated aims and principals of quality-focus and standard-focus education management. The detail is illustrated in its Chapter 6 Educational Standards and Quality Assurance, which includes "Internal Quality Assurance System" and "External Quality Assurance System." These two systems are used to maintain the quality and standard of higher educational institutions. The internal quality assurance system is the mechanism used to ensure that the operation of educational institutions complies with quality standards specified by parent organizations. Specifically, parent organizations define that educational institutions are required to establish an internal quality assurance system as part of education management procedures, which must be in operation continuously. This requires preparation of annual reports to be submitted to the institutional council, parent organizations and agencies concerned as well as made available to the public for purposes of improving the educational quality and standards and providing the basis for external quality assurance. This article elaborates educational quality assurance of the School of Accountancy, University of the Thai Chamber of Commerce. It presents the detail of indicators and criteria related to the accounting profession in order to propose that educational quality assurance partly assists in accounting profession development in many aspects. For instance, there is a system and mechanism for program development and management in accordance with the current situation: there is a system for faculty member development to ensure that they are qualified to prepare graduates: there is a system and mechanism to arrange student- centered learning: there are various activities to assure that graduates are competent and maintain professional ethics as well as activities to encourage faculty members to serve the society. Hence, it is concluded that educational quality assurance helps develop the accounting profession in several ways.