The opportunities for advancement and challenges being faced in the implementation of accountancy education programmes were addressed as:

• Updating the UNCTAD-ISAR Model Accounting Curriculum and the International Education Standards (IESs) to meet the challenges of delivering accountancy education in Francophone Africa and other parts of the world;

• Revising the suite of IESs to enable better understanding by PAOs of their obligations in the development of competent professional accountants;

• Developing additional guidance on the implementation of the IESs while facilitating their use as a set of global benchmarks for the development and delivery of professional accountancy education; and

• Exploring new opportunities for harnessing the latest technology and providing accountancy education programmes in innovative ways.

The event provided UNCTAD and IAESB with an opportunity to reach out to key stakeholders in the area of accounting education, and to share the latest developments on their respective activities, including the IAESB’s current work programme on updating its IESs and its efforts to assist PAOs with implementation of existing accounting education standards.

Further, the Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting’s (ISAR) current work on capacity-building for high-quality corporate reporting was highlighted. In particular, the importance of accounting education for strengthening the human capacity pillar of the ISAR capacity-building framework was noted.

Press release