The IES is established by the International accounting Education
Standards Board, which is an independent body setting standards in
the area of professional accounting education. The IES is one of the
most important standards influencing the development of accounting
education to prepare students to join the accounting profession, and
consists of eight frameworks, namely (1) the entry requirements into a
programme of professional accounting education; (2) the contents of a
professional accounting education programme and professional skills;
(3) professional values; (4) ethics and attitudes; (5) practical experience
requirements for aspiring professional accountants; (6) the assessment
of professional capabilities and competence; (7) continuing professional
development; and (8) the competency requirement for audit professionals.