News
ASCA/Jordan Issues Arabic Version of the International Education Standards 2015 Guide
02-Mar-2017
AMMAN - The Arab Society of Certified Accountants (ASCA)/ Jordan issued the certified Arabic version of the International Education Standards (IESs) 2015 Guide, 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 assigned the exclusive Arabic translation of the guide to the Arab Society of Certified Accountants (ASCA) (Jordan).
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.
Based on IESs, the accounting education curriculum should involve intellectual, technical, and organizational skills, so that accountants can solve the problems they encounter and take 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.
• Facilitating 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 capacities
The International Education Standards (IESs) are:-
IES 1 "Entry Requirements to Professional Accounting Education Programs"
IES 2 "Initial Professional Development – Technical Competence"
IES 3 "Initial Professional Development – Professional Skills"
IES 4 " 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)"