International Accounting Education Standards Board
24 Nov 2005
At its meeting last week, the IFAC Council approved, effective immediately, changes to IFAC's Constitution that included changing the name of the Education Committee to the International Accounting Education Standards Board (IAESB).
The change was seen as necessary to reflect the Education Committee's authority to independently set standards and the equivalent level of legitimacy between it and other international standard setters. For information about the IAESB's pronouncements, proposals, and current activities, visit their website: www.ifac.org/education.