Sunday Jan 12, 2025
Sunday Jan 12, 2025
Friday, 10 July 2015 00:00 - - {{hitsCtrl.values.hits}}
New York: The International Accounting Education Standards Board (IAESB) has published its Consultation Paper, Guiding Principles for Implementing a Learning Outcomes Approach, and encourages professional accountancy organisations and individuals with experience in applying learning outcomes in professional education programs to comment.
The implementation of a learning outcomes approach is a cornerstone in developing professional accounting education programs. Through its revised International Education Standards (IESs), the IAESB has prescribed the learning outcomes to be achieved by professional accountants and aspiring professional accountants. The IESs should be incorporated into the educational requirements of IFAC’s member bodies and are also considered relevant to stakeholders interested in the learning and development of professional accountants and audit professionals, such as public accounting firms, regulators and employers.
“Our objective with this consultation paper is to improve the understanding and application of the guiding principles that underlie the International Education Standards,” said IAESB Chair Chris Austin. “The principles will assist those responsible for designing, developing, and assessing professional education programs for current and aspiring professional accountants.”
As part of its initiative to support the implementation of the IESs, the IAESB has also issued a Staff Questions and Answers publication with this Consultation Paper to aid the implementation of a learning outcomes approach.
How to comment
The IAESB invites all stakeholders to comment on its proposals. To access the consultation paper on guiding principles and submit comments, visit the IAESB’s website. Comments are requested by 7 September.
The IAESB develops education standards, guidance, and information papers for use by IFAC member bodies under a shared standard-setting process involving the Public Interest Oversight Board, which oversees the activities of the IAESB, and the IAESB Consultative Advisory Group, which provides public interest input into the development of the standards and guidance. The structures and processes that support the operations of the IAESB are facilitated by IFAC.
IFAC is the global organisation for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC is comprised of over 175 members and associates in 130 countries and jurisdictions, representing approximately 2.8 million accountants in public practice, education, government service, industry, and commerce.
