Book Publish Date
22-Nov-2020
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 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:-
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Minimizing the international differences in the requirements of the performance of professional accountants.
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Facilitating the global movement of professional accountants.
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Providing international good practice standards in the education of professional accountants.
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Providing an effective method for the development of professional competence.