An opportunity to influence worldwide accounting education: IFAC International Education Standards

The International Federation of Accountants (IFAC) recently proposed changes to the International Education Standards (IES) related to sustainability assurance. The Independent Regulatory Board for Auditors (IRBA) was involved in, and contributed to a rigorous process undertaken by IFAC. The process involves inviting stakeholders, including professional bodies, academics and educators, firms, trainees, investors, auditors, regulators, sector education and training authorities, quality councils, other government authorities, preparers and users to contribute to the IFAC’s proposed changes to the IES. Your input will ensure that the standards reflect the evolving needs of the global accounting community, including the South African context.

IFAC held two webinars on 21 May 2024 to facilitate understanding of the proposed changes related to sustainability. Visit the IFAC website for additional details.

Stakeholders are encouraged to provide feedback directly to the IFAC on the proposed changes by 24 July 2024, using the Response Templates available on the IFAC website.

The links to the exposure draft and the submission templates are also included on the IRBA website, available on: