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December 13, 2010

IAESB revises international education standards

The International Accounting Education Standards Board has proposed a revision of the education and continuing professional development (CPD) standards for accountants.

The exposure draft, which relates to International Education Standard (IES) 7, requires member bodies to promote life long learning, mandatory access to CPD for members and establishing ways to measure CPD of members.

The exposure draft is open for comment until 8 March 2011. The amended IES 7 will be effective for implementation for periods beginning on or after 31 January 2013.


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