The International Accounting Education Standards Board (IAESB) has issued a revised version of International Education Standard (IES) 1, Entry Requirements to Professional Accounting Education Programs.

Originally approved in 2004, IES 1 is intended to both establish fair and proportionate entry requirements and ensure that requirements for entry to professional accounting education are not misrepresented.

In addition, the revised standard provides specification of entry requirements for professional accounting education and an explanation for the rationale behind the entry requirements.

It also provides a requirement that excessive barriers to entry are not put in place and a requirement to make relevant information publicly available so that individuals considering a career as a professional accountant can assess their chances of successful completion.

The revision is part of the IAESB’s project to redraft all eight IESs in accordance with the clarity drafting conventions outlined in its 2010-2013 Strategy and Work Plan.

IES 1 will be effective from 1 July 2014.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Related link
International Accounting Education Standards Board