Education


The International Accounting Education Standards Board of the International Federation of Accountants (IFAC) is seeking comments on an ED of its three-year strategic and operational plan.

Proposed high-priority activities beginning this year include

• Conducting a fundamental review of the Framework for International Education Statements, considering developments in accounting education and the profession as a whole since this document was first written.

• Developing a benchmarking methodology to help IFAC members and others achieve the measurable implementation of IESs.

• Reviewing existing IESs to determine areas where the clarity of standards could be improved or additional guidance most usefully developed.

Comments, which are due by February 28, may be e-mailed to edcomments@ifac.org . The ED is available at www.ifac.org/EDs .

SPONSORED REPORT

2019 State of Financial Reporting Survey

We surveyed nearly 600 finance and accounting professionals on their month-end close and reporting processes. See the results.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.