The International Accounting Education Standards Board is an independent standard-setting body that serves the public interest by strengthening the worldwide accountancy profession through the development and enhancement of professional accountancy education, which encompasses knowledge, skills, values, ethics, and attitudes.
Update: International Education Standards Revision Project
As part of its project to improve the clarity of its standards, the IAESB has undertaken to revise and redraft its suite of eight International Education Standards (IESs). All eight standards are being revised with the aim of:
- improving clarity;
- ensuring consistency with concepts of the revised Framework document; and
- clarifying issues resulting from changes in the environment of accounting education and the experience gained from implementation of the Standards by IFAC member bodies.
The revision of the IESs will improve readability and ensure consistent application of each Standard by reducing ambiguity about the requirements imposed on an IFAC member body. The IAESB does not envision developing new IESs and will identify areas requiring guidance to assist with adoption and implementation of the IESs.