IES 2, Initial Professional Development-Technical Competence (Revised)

IES 2 prescribes the learning outcomes for technical competence that aspiring professional accountants are required to demonstrate by the end of Initial Professional Development. Technical competence is the ability to apply professional knowledge to perform role to a defined standard.

It is effective from July 1, 2015.

A staff-prepared Basis for Conclusions describes the IAESB’s deliberation during the development of IES 2.