IAESB consults on updating tech education standards

The International Accounting Education Standards Board (IAESB) has launched a consultation on possible changes to international standards for the teaching of IT skills, following increased demand for proficiency and the disruptive effects of new technology in many sectors

The consultation is on proposed changes to international education standards (IESs) on initial and continuing professional development to address information and communications technologies (ICT) and professional scepticism skills, in the light of recent developments within many sectors, including the invention of new techniques and processes.

The standards setter said increased demand for proficiency in these areas meant it wants to look at the competencies, skills and behaviours needed by both aspiring and current professional accountants.

The proposed revisions to IES 2, 3, 4 and 8 are designed to strengthen professional scepticism to improve the quality of financial reporting and auditing and developing competence to meet ICT’s disruptive potential.

They also reflect significant stakeholder input, including findings from the IAESB’s prior consultation on future strategy and priorities, as well as insights from surveys, academic and professional literature, roundtables, in-depth interviews, webinars and additional outreach.

The IAESB wants to hear from those providing accountancy education, such as professional accountancy organisations, public accounting firms and other employers, universities and education providers, as well as regulatory organizations and government agencies.  It will analyse and deliberate on comments at its April 2019 meeting with the aim of approving the proposed revisions at its June 2019 meeting.

The deadline for comments is 4 March 2019.

Exposure Draft, International Education Standards 2, 3, 4, and 8: Information and Communications Technologies and Professional Skepticism is here 

Report by Pat Sweet

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