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1. New Exposure Draft Released
Following extensive outreach and deliberations, the IAESB has released an exposure draft proposing changes to multiple International Education Standards to ensure that learning outcomes reflect the demand for improved skills in professional skepticism and information and communications technology. IAESB Chair Chris Austin recently recorded a video message to stakeholders explaining more about this exciting development and the purpose of the exposure draft.
2. IAESB Meets in New York
The IAESB agenda for its October 24-26 meeting in New York included discussions on a range of key topics for the future of accountancy education. Most notably, the board voted to approve both an exposure draft that revises material on professional skepticism and information and communications technology in four International Education Standards as well as implementation support materials for IES 7, Continuing Professional Development (Revised).
3. Chair, Deputy Participate in Education Conference
IAESB Chair Chris Austin and IAESB Deputy Chair Anne-Marie Vitale recently took part in separate panel discussions at the 13th World Congress of Accounting Educators and Researchers, held by the International Association for Accounting Education and Research November 8-10 in Sydney, Australia. Along with other standard-setting board representatives, Mr. Austin discussed future agendas and outlined how the accountancy education model is changing to a new more agile and supportive structure, while simultaneously securing the IAESB’s legacy.
During the closing plenary session, Ms. Vitale participated in a Q&A session on educating the next generation of accountants. Ms. Vitale detailed how the new Exposure Draft addresses employers' skillset expectations and moving the accountancy profession forward in the digital age.
4. Accounting Education Insights: Information & Communication Technology Skills
Two new Insight articles on information and communications technology skills have been published. Both articles draw from the IAESB’s ICT skills literature review and focus on the impact technology will have on developing countries and accounting education.
5. International Education Forum Focuses on Values, Ethics and Attitudes—And IES 4
IAESB Member Blanca Tapia and Technical Advisor Sylvia Meljem spoke at the 4th International Education Forum, Implications and Perspectives of Good Practices and Training Accountants in Ethics in Latin American Countries. The Forum, held by the Education Commission of the Colegio de Contadores Públicos de Mexico in October, attracted over 400 attendees, including professional accountants from business, accounting firms and the public sector, as well as accounting students.
6. Upcoming Release: IES 7 (Revised), Continuing Professional Development
IES 7, Continuing Professional Development (Revised) will be issued by the IAESB in January 2019 alongside a range of implementation support materials developed to assist professional accountancy organizations and other stakeholders.
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