IAESB Issues Exposure Draft on Proposed Strategic Plan
- Improving the clarity of the standards.
- Ensuring consistency with concepts of the revised framework document.
- Clarifying issues resulting from changes in the environment of accounting education and the experience gained from implementation of the standards by International Federation of Accountants (IFAC)  member bodies.
The revision of the International Education Standards will improve readability and ensure consistent application of each standard by reducing ambiguity about the requirements imposed on an IFAC member body, according to the IAESB. New International Education Standards will not likely be developed, but the IAESB will identify areas requiring guidance to assist with adoption and implementation of the standards.
- Establishing a series of high-quality standards and other publications reflecting good practice in the education, development, and assessment of professional accountants.
- Promoting the adoption and implementation of the International Education Standards.
- Developing education benchmarks for measuring the implementation of the International Education Standards.
- Advancing international debate on emerging issues relating to the education, development, and assessment of professional accountants.
According to the exposure draft, the IAESB is proposing its work be directed by three strategic priorities, beginning in 2014:
- Establishing and developing International Education Standards and pronouncements.
- Engaging stakeholders and promoting the adoption and endorsement of the revised standards.
- Supporting and providing guidance to facilitate the implementation of the revised International Education Standards.
"I am confident that the direction of our work will reflect our deep understanding of the strategic and educational challenges confronting the accountancy profession globally as well as the welcomed feedback received from extensive stakeholder consultations," Wolnizer said in the exposure draft. "Opinions from IFAC member bodies, regional organizations, professional accounting associations, public accounting firms, regulators, academics, and members of the public have helped to inform the determination of the IAESB's strategic priorities for the next three years. We will remain sensitive to the dynamic environment and remain alert should there be a need to amend or improve our plan at any time."