UNCTAD-IAESB Accountancy Education Forum Identifies Opportunities and Challenges in Implementing Accounting Education Programs

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    Mar 24, 2011
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    UNCTAD-IAESB Accountancy Education Forum Identifies Opportunities and Challenges in Implementing Accounting Education Programs

    Standards revision, guidance and implementation support, technology identified as areas of focus for accountancy education programs

    International accountancy, education, and Professional Accountancy Organization (PAO) leaders from over 30 nations convened on Tuesday, March 8 at the United Nations in Geneva for the Accountancy Education Forum: Building Human Capacity and Professional Accounting Education for High-Quality Corporate Reporting. This event was jointly hosted by the United Nations Conference on Trade and Development (UNCTAD) and the International Accounting Education Standards Board (IAESB).

    Opportunities for advancement and challenges being faced in the implementation of accountancy education programs were discussed over the full-day event. Key points addressed include:

    • Updating the UNCTAD-ISAR Model Accounting Curriculum and the International Education Standards (IESs) to meet the challenges of delivering accountancy education in Francophone Africa and other parts of the world;
    • Revising the suite of IESs to enable better understanding by PAOs of their obligations in the development of competent professional accountants;
    • Developing additional guidance on the implementation of the IESs while facilitating their use as a set of global benchmarks for the development and delivery of professional accountancy education; and
    • Exploring new opportunities for harnessing the latest technology and providing accountancy education programs in innovative ways.

    The event provided UNCTAD and IAESB with an opportunity to reach out to key stakeholders in the area of accounting education and to share the latest developments on their respective activities, including the IAESB’s current work program on updating its IESs and its efforts to assist PAOs with implementation of existing accounting education standards.

    Further, the Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting’s (ISAR) current work on capacity-building for high-quality corporate reporting was highlighted. In particular, the importance of accounting education for strengthening the human capacity pillar of the ISAR capacity-building framework was noted.

    To download the presentations and papers from the event, please visit the IAESB-UNCTAD Accountancy Education Forum website or contact us at one of the following emails: isar@unctad.org or communications@ifac.org.

    About United Nations Conference on Trade and Development (UNCTAD)
    UNCTAD is the focal point of the United Nations for the integrated treatment of investment and enterprise development. Since its founding in 1964, UNCTAD has progressively evolved into an authoritative knowledge-based institution whose work aims to help shape current policy debates and thinking on development. UNCTAD is the host for the Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR). For more than 25 years, ISAR has been the focal point within the UN system for issues of corporate transparency and accounting. Through ISAR, UNCTAD works to promote international best practices in corporate reporting and disclosure and to assist developing countries to build their technical capacity in this area. More information: www.unctad.org/isar or by e-mail isar@unctad.org.

    About the IAESB
    The IAESB develops education standards, guidance, and information papers for use by IFAC member bodies under a shared standard-setting process involving the Public Interest Oversight Board, which oversees the activities of the IAESB, and the IAESB Consultative Advisory Group, which provides public interest input into the development of the standards and guidance. The structures and processes that support the operations of the IAESB are facilitated by IFAC.

    About IFAC
    IFAC is the global organization for the accountancy profession, dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. It is comprised of 164 members and associates in 125 countries and jurisdictions, representing approximately 2.5 million accountants in public practice, education, government service, industry, and commerce.

     

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