Book Publish Date
07-Feb-2017
The first book of its kind in this specialty field.
The book contains the standards issued by the International Education Standards Board (IESB) of the International Federation of Accountants (IFAC) IFAC in New York assigned the exclusive Arabic translation of the guide to the Arab Society of Certified Accountants (ASCA) (Jordan).
It is worth mentioning that the International Education Standards (IESs) were set as principle-based standards, as a result of the diversity of cultures and languages, diversity of the cultural, legal, and social systems on the global level, and diversity of the roles of certified accountants.
The guide emphasizes the integration of accounting education and the requirements of the accounting profession and labor market in the light of the constant changes and developments taking place. IESs contained in the guide are essential to enter the accounting profession: they ensure the appropriate level of education for the acquirement of knowledge, skills, values, and the ethics of the accounting profession.
Additionally, IESs stress that the accounting education curriculum should involve intellectual, technical, and organizational skills, so that accountants can solve problems faced and make the right decisions.
The desired outputs from the application of the IESs include the following:
• Minimizing the international differences in the requirements of the performance of the role of professional accountant
• Facilitateing the global movement of professional accountants
• Providing international good practice standards in the education of professional accountants.
• Providing an effective method for the development of professional competence
The International Education Standards (IESs) are:
International Education standard (IES) 1 "Entry Requirements to Professional Accounting Education Programs"
IES 2 "Initial Professional Development – Technical Competence"
IES 3 "Initial Professional Development – Professional Skills"
IES4 " Initial Professional Development – Professional Values, Ethics, and Attitudes"
IES 5 " Initial Professional Development – Practical Experience"
IES6 " Initial Professional Development – Assessment of Professional Competence"
IES 7 "Continuing Professional Development"
IES 8 "Competence Requirements for Audit Professionals"
IES8 (revised) "Professional Development for Engagement Partners Responsible for Audits of Financial Statements (Revised)"