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Updated IFAC education pronouncements

  • Accounting education (old) Image

12 Aug 2008

IFAC's International Accounting Education Standards Board (IAESB) has released amended versions of its International Education Standards (IESs) and related education pronouncements.

The amendments result in more consistent use of terminology throughout the standards and more clearly describe the role of the IAESB and its standard-setting process. The amended documents (all of which were initially published 2003-2006) are:
  • Framework for International Education Pronouncements,
  • Introduction to International Education Standards, and
  • International Education Standards 1-8.
IESs express the benchmarks that IFAC member bodies are expected to meet in the preparation and continual development of professional accountants. Because the changes are editorial in nature, the IAESB did not undertake public consultation. In addition to these editorial amendments, the IAESB has commenced a project to substantively revise the Framework and the Introduction. As part of that project, the IAESB will seek public comments on changes to those documents. The amended versions of IESs 1-8, the Framework and the Introduction can be downloaded without charge from the IFAC Online Bookstore. Click for Press Release (PDF 35k).


Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.