Although receiving initial accreditation is a complex and daunting task which requires commitment to educational quality, once an institution has earned a grant of accreditation it must meet all of the additional requirements outlined in the Accreditation Criteria, Title II, Chapters 1 and 2. These chapters explain that institutions not only must periodically reapply for accreditation, but that they also must prepare extensive Annual Institutional and Financial Reports which summarize the enrollment and financial condition of the institution. Furthermore, institutions may be required to prepare interim reports for a number of reasons. Finally, institutions must report any service approved by ACICS and any changes in the mission, objectives, ownership, programs, introduction of non-traditional instructional modality, names, location, and non-main locations prior to implementation of such changes. This additional reporting helps keep ACICS abreast of the current conditions at the institution and assists the Council in its assessment of educational quality.