International Education Standard 2 (Scope of this Standard (Prescribes…
International Education Standard 2
This IES is effective from July 1,2015.
IFAC member bodies shall prescribe the learning outcomes for technical comperence to be achieved by aspiring professional accountants . [A8-A12]
Assigned a level of proficiency.
The 11 competence areas listed The learning outcomes for financial accounting and reporting may be achieved across two or more financial acc and reporting courses of subjects.
Include additional competence increase the level of proficiency for some competence and develop additional learning outcomes that are not specified in this IES .
Learning outcomes for technical competence to be achieved regardless of their intended future accounting specialization on role.
This level of proficiency indicates the context in which the relevant learning outcomes are expected to be demonstrated.
Review of Professional Accounting Education Programs. (A13-A14)
Shall regularly review and update professional accounting edcation programs .
Support aspiring professional accountants to develop the appropriate professional competence .
The requirement to review and update professional accounting education programs on a regular basis reflects the rapidly-changing and complex enviroment .
Scope of this Standard
Prescribes the learning outcomes for technical competence that aspiring professional accountants are required to achieve
Specifies the competence areas and learning outcomes that describe the technical competence required of aspiring professional accountants.
Have responsibility for ensuring that IPD meets the requirements of this IES.
Education and includes professional accounting education, practical experience. and assessment .
There are significant legal and regulatory differences that determine the point of qualification of professional acc.
Assessment of Technical Competence (A15-A16)
Provides the principles that apply to the dsign of assessment acti vities used to assess the principles that apply to the design of assessment.
Various assessment activities can be used to assess the technical competence of aspiring professional accountants.
Establish the technical competence that aspiring professional accountants meed to develop and demonstrate.
Aspiring professional accountants meed to develop and demonstrate , serves several purposes .