How the IAESB Can Address Future Needs in Accounting Education
Greg Owens | March 1, 2016 |
Greg Owens, International Accounting Education Standards Board member, discusses some of the challenges the IAESB will be addressing in the future, which are also addressed in the recent Consultation Paper, Meeting Future Expectations of Professional Competence: A Consultation on the IAESB’s Future Strategy and Priorities. The public comment period for the Consultation Paper closes on March 8—don’t forget to share your thoughts with the IAESB soon.
In the first video, Greg emphasizes the need for post-implementation review of the International Education Standards, developing implementation support mechanisms for IFAC member organizations, and the necessary skillsets for accountants. In the second video, he focuses on the need for the IAESB to consider how accountants can developing the skills they will need for professional skepticism—in initial training and curricula, “sense checking” information throughout your career, in the financial reporting supply chain, and in continuing professional development.