IAESB seeks Comments on Proposed Strategy for 2010-2020

08 July 2009

"Accounting education remains a fundamental pillar in improving the reliability of financial reporting and continues to be needed by accountants to serve the public interest."

The IAESB (International Accounting Education Standards Board) proposes to undertake three high-priority activities, beginning in 2010. These are:

• Conducting a revision of the IESs, considering results of the IAESB's drafting conventions project and recent developments in the accountancy profession;
• Developing implementation guidance in areas of measurable implementation of the IESs, competency frameworks, and quality control measures for education providers; and
• Promoting greater awareness among academics, regulators, and others of the IAESB's pronouncements and its role in advancing international debate on emerging issues relating to development and assessment of professional accountants.