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May 10, 2008
The International Accounting Education Standards Board's Current Project Timetable indicates the work program to completion for each of the IAESB's projects in progress. Projects in ProgressClick on the following topics to view information on the project's history, scope, issues and current status.
Continuing Professional Development
To develop an International Education Paper (IEP) on Approaches to CPD Measurement, in support of IES 7, Continuing Professional Development: A Program of Lifelong Learning and Continuing Development of Professional Competence. Contact: David McPeak (DavidMcPeak@ifac.org)
Framework for International Education Statements
To review and update the existing Framework for International Education Statements. Contact: David McPeak (DavidMcPeak@ifac.org)
Revision of International Education Standards
To conduct a detailed review of existing International Education Standards to determine priority areas for additional guidance. Contact: David McPeak (DavidMcPeak@ifac.org) Recently Completed ProjectsClick on the following topics to view information on the project's history, issues covered and the effective date of the pronouncement issued.
Assessment Methods - Completed
The purpose of this project was to provide guidance to assist and encourage member bodies of IFAC to select a range of appropriate assessment methods to better test the capabilities and competencies of candidates for admission to the profession.
Competence Requirements for Audit Professionals (IES 8) - Completed
The purpose of this project was to prescribe the specific professional knowledge, skills, values, ethics, and attitudes required of those members of the profession who are involved in the audit of financial statements. A final International Education Standard - IES 8, Competence Requirements for Audit Professionals was issued in July 2006. The Basis for Conclusions provides background to the project, main comments received on the exposure draft, and the IAESB's conclusions regarding these comments in developing the final standard.
Continuing Professional Development (IES 7) - Completed
This project resulted in the release of IES 7, Continuing Professional Development: A Program of Lifelong Learning and Continuing Development of Professional Competence, which prescribes mandatory continuing professional development for all members of the profession.
Guidance on Ethics Education - Completed
This project resulted in the release of International Education Practice Statement 1, Approaches to Developing and Maintaining Professional Values, Ethics, and Attitudes, in October 2007. The Basis for Conclusions provides background to the project, main comments received on the exposure draft, and the IAESB's conclusions regarding these comments in developing the final version of the practice statement.
Guidance on Information Technology for Professional Accountants – Completed
This project resulted in the release of International Education Practice Statement 2, Information Technology for Accounting Professionals, in October 2007. The Basis for Conclusions provides background to the project, main comments received on the exposure draft, and the IAESB's conclusions regarding these comments in developing the final version of the practice statement.
Guidance on Practical Experience Requirements - Completed
This project resulted in the release of International Education Practice Statement 3, Practical Experience Requirements - Initial Professional Development for Professional Accountants, in December 2007. The Basis for Conclusions provides background to the project, main comments received on the exposure draft, and the IAESB's conclusions regarding these comments in developing the final version of the practice statement.
IAESB Strategic and Operational Plan, 2007-2009 - Completed.
The purpose of this project was to develop the IAESB Strategic and Operational Plan, 2007 - 2009, which was released in October 2007. The Basis for Conclusions provides background to the project, main comments received on the exposure draft, and the IAESB's conclusions regarding these comments in developing the final version of the strategic plan.
Towards Competent Professional Accountants - Completed
This paper draws the different methodologies to competence adopted around the world and offers guidance on how member bodies can take a competence-based approach to determining their qualification requirements. |