Press Releases/News Alerts
Dec 11, 2015
New York, New York
IAESB Reviews Consistency and Proposes Limited Drafting Changes to International Accounting Education Pronouncements
The International Accounting Education Standards Board™ (IAESB™) issued today for comment proposed drafting changes to its suite of eight IES™, Framework for International Education Standards for Professional Accountants and Aspiring Professional Accountants, and IAESB Glossary of Terms.
The IAESB has performed this maintenance review of its pronouncements to address:
- Terminology changes, matters of language, or drafting issues
- Minor changes necessary to maintain consistency and accuracy across the body of IES.
“In performing this review, the IAESB is maintaining the integrity of the body of standards as a consistent and high-quality set of pronouncements,” said IAESB Chair Chris Austin.
How to Comment
The IAESB invites all stakeholders to comment on its drafting proposals. To access the Exposure Draft and submit comments, visit the IAESB’s website at www.iaesb.org.
Comments are requested by March 15, 2016.
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.
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 more than 175 members and associates in more than 130 countries and jurisdictions, representing approximately 2.8 million accountants in public practice, education, government service, industry, and commerce.