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.

Part One:

Part Two:

 

Greg Owens

Deputy Chair

Greg Owens was appointed to the International Accounting Education Standards Board (IAESB) in January 2014 and was nominated by BDO International. He became Deputy Chair in January 2019. He is a Global Audit Director, responsible for special projects within his network firm. Prior to 2014, he spent 14 years a Director of Technical Training and Professional Qualifications at BDO LLP (UK). He served as a technical advisor on the IAESB from 2008 to 2014, supporting Marcelo Cannetti, a BDO partner from Argentina, was an active member of the original Drafting Conventions, Drafting Working Group, and International Education Standard 8 task forces. Mr. Owens has experience in auditing financial services, leisure, and hospitality clients, providing audit methodology support to audit teams and delivering and developing training content (online, classroom, technical, and personal skills), both within his UK firm and at global level. He has taught in over 25 countries and has developed the BDO audit training curriculum as well as global training materials and content; and has also worked in the Washington, DC, office of BDO as an audit manager in New York at a director level. Mr. Owens is a Fellow of the Institute Chartered Accountants in England and Wales (ICAEW) and serves as an appointed member of the ICAEW’s Assessment Committee, which approves each set of exam results, and has previously been a member of the ICAEW Syllabus Review Group (2012-2014) and ACA Advisory group (2006-2014). Additionally, he has served on the National Higher Apprenticeships working group for the UK profession (2011-2013).

 
 

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