IAESB and IRBA Hold Accountancy Education Forum

Competence-based Education Identified as a Foundation for Building Human Capacity

May 16, 2016 | Johannesburg, South Africa | English

IRBA CEO Bernard Agulhas addresses the Accountancy Education Forum

International accountancy, education, and professional accountancy organization (PAO) leaders from South and East African regions met on Tuesday, April 12, in Johannesburg, South Africa for the Accountancy Education Forum: Building Human Capacity and Professional Accounting Education.

This event was jointly hosted by the Independent Regulatory Board of Auditors (IRBA) and the International Accounting Education Standards Board (IAESB).

Forum participants addressed opportunities for advancement along with the challenges being faced in developing professional competence and building human capacity in Africa over the half-day event. Key points addressed included: 

  • Recognizing the importance of accounting technicians for their contributions to the workplace and the financial reporting supply chain;
  • Identifying appropriate curriculum for universities and colleges with the aim of developing professional competence for the area of public sector accounting and reporting;
  • Emphasizing the development of behavioral skills to complement the technical competence of the future professional accountant;
  • Enhancing the relevance of accountancy educators through access to both industry and academic environments; and
  • Exploring new opportunities for life-long learning to ensure competent professionals that have a holistic perspective

“The forum provided some very useful insight into how education programs are adapting to a changing and growing accountancy profession in the region,” said IAESB Chair Chris Austin. “We are grateful to IRBA for serving not only as a host for this event, but as a valuable partner in making it a success.”

The event provided local member bodies (South African Institute of Chartered Accountants, South African Institute of Professional Accountants and the Association of Chartered Certified Accountants)  and PAOs (Pan-African Federation of Accountants, Institute of Chartered Accountants of Nigeria, and the University of Johannesburg) with an opportunity to describe how their professional accounting education programs are meeting the challenge of developing competence-based education and how PAOs are partnering for sustainability of their education programs.

To download the presentations and papers from the event, please visit the IAESB “Meetings” page or email: board@irba.co.za  or IAESBCommunications@iaesb.org.

About the IRBA

The objective of the IRBA is to endeavour to protect the financial interests of the South African public and international investors in South Africa through the effective and appropriate regulation of audits conducted by registered auditors, in accordance with internationally recognised standards and processes.

About the IAESB

The IAESB develops education standards, guidance, and information papers for use by IFAC member organizations under a shared standard-setting process involving the Public Interest Oversight Board, which oversees the activities of the IAESB, and the IAESB Consultative Advisory Group, which provides public interest input into the development of the standards and guidance. The structures and processes that support the operations of the IAESB are facilitated by IFAC.

About IFAC

IFAC is the global organization for the accountancy profession, dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. It is comprised of more than 175 members and associates in 130 countries and jurisdictions, representing almost 3 million accountants in public practice, education, government service, industry, and commerce.

 
 

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