IES 6 Initial Professional Development – Assessment of Professional…
Initial Professional Development – Assessment of Professional Competence (Revised)
Scope of this Standard
for the assessment of professional competence of aspiring professional accountants that need to be achieved by the end of Initial Professional Development (IPD).
This IES is addressed to International Federation of Accountants (IFAC) member bodies. this IES will be helpful to educational organizations, employers, regulators, government authorities, and any other stakeholders who support the learning and development of aspiring professional accountants.
Within the IESs, assessment is the measurement of professional competence developed through learning and development.
This IES specifies requirements for the assessment of professional competence, while
IES 2 Technical Competence,
IES 4 Development—Professional Values, Ethics, and Attitudes
IES 5 Practical Experience
IES 8 Professional Development for Engagement Partners Responsible for Audits of Financial Statements
IES 3, Initial Professional Development—Professional Skills
Definitions and explanations of the key terms used in the IESs and the Framework for International Education Standards for Professional Accountants are set out in the International Accounting Education Standards Board (IAESB) Glossary of Terms.
July 1, 2015.
The objective of an IFAC member body is to assess whether aspiring professional accountants have achieved an appropriate level of professional competence that is needed to perform a role of a professional accountant.
the public interest is protected, and the credibility of the profession is enhanced
IFAC member bodies and regulatory authorities have a responsibility
professional accountants have a continuing duty to maintain professional competence
IFAC member bodies shall formally assess whether aspiring professional accountants have achieved an appropriate level of professional competence by the end of IPD, drawing on the outcomes of a range of assessment activities that are undertaken during IPD.
IFAC member bodies shall design assessment activities that have high levels of reliability, validity, equity, transparency, and sufficiency within professional accounting education programs.
IFAC member bodies shall base the assessment of the professional competence of aspiring professional accountants on verifiable evidence.