Press Releases/News Alerts
Aug 25, 2014
New York, New York
IAESB Releases 2013 Annual Report: Enhancing Professional Accounting Education
The International Accounting Education Standards Board™ (IAESB™) has released its 2013 Annual Report, Enhancing Professional Accounting Education. The annual report highlights the IAESB’s work in the public interest to enhance the quality and consistency of professional accounting education practices throughout the world and to strengthen the public’s confidence in the competence and judgment of professional accountants.
Enhancing Professional Accounting Education covers the release of three revised International Education Standards™ (IESs™) during the year, as well as the board’s progress on its adoption and implementation projects and activities to support the revised IESs. The report also summarizes the IAESB’s outreach efforts designed to bring greater awareness to its projects and activities.
“The revised International Education Standards released over the last year are intended to delineate the content of professional accounting education programs,” stated Prof. Wolnizer, IAESB Chair. “Together, these standards prescribe the technical competence, professional skills, and professional values, ethics, and attitudes that aspiring professional accountants need to develop and demonstrate by the end of initial professional development to perform a role as a professional accountant.”
The document also includes a report from Prof. Aileen Pierce, Chair of the IAESB Consultative Advisory Group (CAG), which outlines the CAG’s work in providing input to the IAESB.
The 2013 IAESB annual report can be downloaded at www.iaesb.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.
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 179 members and associates in 130 countries and jurisdictions, representing approximately 2.5 million accountants in public practice, education, government service, industry, and commerce.