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Accounting education standards development is the centerpiece of a five-year strategy that also includes implementation support, a post-implementation review of existing standards, and strategic engagement and communication with the board’s stakeholders. The primary goal is to ensure that the accounting profession has the necessary skills to meet the ever-changing demands of business and the public sector, and thereby increase public confidence.
“I am confident that this strategy will serve the public interest well,” said Chris Austin, IAESB Chair. “I and the rest of the IAESB look forward to engaging with professional accountancy organizations, IFAC member bodies, professional accounting firms, and the academic community on this work plan and ambitious agenda.”
In 2017 and 2018, the IAESB will advance existing projects on continuing professional development and professional skepticism, start new work on information and communications technology and public sector accounting, and maintain the relevance of the International Education Standards™ by evaluating the evolving accountancy profession landscape and engaging a wide range of stakeholders.