International education standards (IES) in accounting and assurance: new challenges of the accounting profession

Abstract

The accounting profession is no stranger to the effects of globalization, and in line with this, in Colombia the 1314/2009 law, defined the insertion of the international business conglomerate accounting model, known as IAS-IFRS, therefore at present develop convergence processes. However it is little the forward in education at international accounting and assurance of future Public Accountants, and the updating of those that are working in.

From this comes out, the need to reflect on the issues related to higher education, and to answer the following question ¿What aspects should be taken into account in the education and training of the process of convergence toward international financial reporting standards and assurance? Added to this, the main purpose is to review the International Federation of Accountants – IFAC guidelines for the education of professional accountants.

The methodology used is descriptive, accompanied by a complete bibliographic and reflexive review of the literature about globalization and international education standards issued by the IFAC.

The paper suggests the purposes of a previous time about the training of accountants, based on the global model and the main elements of discussion within the Institutions of Higher Education to plan ahead the academic offer at the undergraduate and graduate level.