Changes in technology across the financial reporting supply chain are impacting the expected information and communications technologies (ICT) competencies and skills of aspiring and professional accountants to perform their roles. Identifying the ICT skills needed by aspiring and professional accountants serves the public interest by enabling the accounting profession to provide high-quality financial reporting, auditing, or other related financial and accounting services in the digital age.
These newly revised International Education Standards address learning and development for information and communications technologies (ICT) and professional skepticism. As market expectation increases for ICT skills and professional skepticism, these standards were developed to address the competencies, skills, and behaviors for both aspiring and professional accountants in these critical areas.
The revised education standards include newly added and revised ICT and professional skepticism learning outcomes that:
REVISION OF IES 7, CONTINUING PROFESSIONAL DEVELOPMENT
Objective
This project intends to enhance the consistency, quality, and relevance of Continuing Professional Development (CPD) undertaken by professional accountants. Improving the development and maintenance of professional competence through CPD serves the public interest by enabling professional accountants to provide high quality services to clients, employers, and other stakeholders.
PUBLIC SECTOR ACCOUNTING, REPORTING, AND ASSURANCE
Objective
This project develops Implementation Guidance that aims to identify the skills and competences required by professional accountants when performing public sector accountancy roles.
In addition to issuing International Education Standards, the IAESB also developes implementation support materials, including videos, webcasts and presentations, and guidance documents. These resources support accounting education and are for use by academics, training providers, professional accounting organization, and employers.
The IAESB Personal Perspectives Series shares insights from board members, technical advisors and other key stakeholders on some of the challenges affecting aspiring professional accountants and the importance of effective accountancy learning and development.
