Proposed IFAC guidance on practical experience
05 Jan 2007
The International Accounting Education Standards Board has proposed new guidance to help IFAC member bodies develop practical experience programs for accounting students.
The proposed new International Education Practice Statement (IEPS), Practical Experience Requirements - Initial Professional Development for Professional Accountants provides guidance for implementing International Education Standard (IES) 5 Practical Experience Requirements. It includes an illustrative practical experience framework setting out the areas of professional knowledge and professional skills that the IAESB believes are relevant for all professional accountants.
Comment deadline is 31 March 2007. Click for:
- Exposure Draft (PDF 212k)
- Press Release (PDF 79k)