International Education Standards (IES)

The report was prepared as part of the implementation of KAREP’s Component 3 “Improving accountancy education, financial literacy, and use of financial information”. The report aims to assist universities improve their accounting education curricula. It analyzes existing university programs in accounting and auditing and makes recommendations to achieve closer alignment to the International Education Standards (IESs) and best practices, in particular by leveraging the World Bank Centre for Financial Reporting Reform’s accounting education activities.

The 2019 Education Handbook contains the IAESB’s suite of International Education Standards (IES) 1-8. The handbook's organization focuses on supporting the IESs, which present the underlying principles, concepts, and definitions that enhance accountancy education.