The International Accounting Education Standards Board™ (IAESB™) has issued support materials for the implementation of IES™ 8, Professional Competence for Engagement Partners Responsible for Audits of Financial Statements (Revised). This IES prescribes the professional competence that professional accountants are required to develop and maintain when performing the role of an Engagement Partner responsible for audits of financial statements.

In the wake of the sovereign debt crisis, the International Public Sector Accounting Standards Board (IPSASB) is facing increasing demands for its standards and for guidance on their adoption and implementation.

During this audio podcast, Acting Technical Director John Stanford interviews departing Chair Andreas Bergmann, incoming Chair Ian Carruthers, and Technical Managers Paul Mason and João Fonseca on the IPSASB's recent standard-setting work and other key projects discussed its December 8-11, 2015, meeting.