IASB ISSUES NEW EDUCATION STANDARDS.

Author:Fass, Nancy
Position:NEWS/
 
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The International Accounting Education Standards Board (IAESB) issued in October 2019 four revised International Education Standards addressing learning and development for information and communications technologies (ICT) and professional skepticism to enhance the competencies, skills, and behaviors for aspiring and professional accountants in these critical areas.

The revised education standards (bit.ly/372GmLy) contain added and revised ICT and professional skepticism learning outcomes that are intended to improve the relevance and quality of professional accounting education offered by professional accountancy organizations (PAOs), including International Federation of Accountants (IFAC) member organizations. The revised standards also identify learning and development activities that enhance the professional competence of aspiring and current professional accountants and support the accounting profession in its provision of high-quality financial reporting, auditing, or other related financial and accounting services in the Digital Age.

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