International Education Standard (IES) 6, Initial Professional Development – Assessment of Professional Competence (Revised)

The International Accounting Education Standards Board (IAESB) has released (IES) 6, Initial Professional Development—Assessment of Professional Competence. The revised education standard will help IFAC member bodies and other professional accountancy organizations understand the learning and development requirements for assessing professional competence, and their obligations in upholding the standards.

The revised standard also addresses elements that are essential to assessing professional competence of an aspiring professional accountant.