Accreditation is not a one-time event, but a cyclical and continuous process that requires planning, preparation, and participation from your institution. The steps and challenges of accreditation may vary depending on the type, level, and scope of accreditation, but generally they include choosing an appropriate and reputable accrediting agency, conducting a comprehensive and honest self-study, hosting a site visit by a team of external reviewers, receiving and responding to the accreditation decision and report, implementing and reporting on the accreditation action plan, and preparing and undergoing periodic reviews and follow-ups. Challenges of accreditation may include allocating sufficient time and resources, engaging and communicating with stakeholders, collecting and analyzing data and evidence, balancing and integrating the accreditation standards and expectations with your institution's identity and autonomy, and dealing with any potential or actual negative outcomes or consequences of the accreditation process.