The document outlines the International Education Standard (IES) 1 on entry requirements for professional accounting education programs. IES 1 establishes principles for setting fair and proportionate educational entry requirements to protect the public interest. It specifies that entry requirements allow reasonable chances of program completion and do not impose excessive barriers. Information on criteria, content coverage, and assessment methods must be publicly available. The standard aims to ensure high-quality professional accountants through sufficient yet flexible education pathways.

1. Page 1 | Confidential and Proprietary Information
IES 1, Entry Requirements to
Professional Accounting
Education Programs (Revised)
IESs Implementation Support Material
Prepared by: IAESB staff
April 2015

2. Page 2 | Confidential and Proprietary Information
Overview of Presentation
IES 1, Entry Requirements to Professional Accounting Educations Programs (Revised)
 Introduction
 Scope: What? Who? When? Why?
 Objective
 IES 1 establishes educational entry requirements to protect the public
interest
 Requirements & Explanatory Material
 Specify entry requirements for professional accounting education
programs
 Explain rationale of principles for setting requirements
 Make information publicly available

3. Page 3 | Confidential and Proprietary Information
Introduction - Scope
IES 1, Entry Requirements to Professional Accounting Educations Programs (Revised)
What?
 Prescribes principles for setting & communicating educational entry
requirements
Who?
 Targets IFAC member bodies, helpful to accountants, providers,
employers, regulators, & government authorities
When?
 Effective date: July 1, 2014
Why?
 To protect public interest by setting principles for entry requirements to
professional accounting education programs

4. Page 4 | Confidential and Proprietary Information
Objective
IES 1, Entry Requirements to Professional Accounting Educations Programs (Revised)
IES 1 establishes fair and proportionate educational
entry requirements for professional accounting
education programs
 Fair and proportionate requirements
 Neither too high nor too low
 Protect the public interest
 Provision of sufficient numbers of high-quality professional accountants

5. Page 5 | Confidential and Proprietary Information
Requirements
IES 1, Entry Requirements to Professional Accounting Educations Programs (Revised)
Specify educational entry requirements for professional
accounting education programs
 Allow entrance to those with reasonable chance of successful
completion
 A matter of judgment depending on a number of factors
 Not representing excessive barriers to entry
 Purpose to allow flexibility of access while not diluting standards of the
program or accounting profession

6. Page 6 | Confidential and Proprietary Information
Requirements
IES 1, Entry Requirements to Professional Accounting Educations Programs (Revised)
Explain rationale of principles to be used in setting
educational entry requirements
 Relevant education providers
 Education programs vary by jurisdiction and type
 Individuals considering a career as a professional accountant
 Flexibility of pathways does not dilute rigor of education
 Flexibility not intended to create different categories of professional
accountant

7. Page 7 | Confidential and Proprietary Information
Requirements
IES 1, Entry Requirements to Professional Accounting Educations Programs (Revised)
Make relevant information publicly available
 Criteria to meet entry requirements
 Content covered, its level, and methods of assessment

8. Page 8 | Confidential and Proprietary Information
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IES 1, Entry Requirements to Professional Accounting Educations Programs (Revised)