Are we approving or disapproving our job with International Education Standards? - Application of International Standards in Education (IES) for studies in accounting in Latin American countries

Abstract

The International Education Standards should be applied in all countries adhering to the International Federation of Accountants (IFAC). At present two of these standards are due to be fully implemented by agencies related to education in our countries. This research aims to identify the relevant variables and expectations gap regarding these two international education standards (IES). 348 students, academics and professional accountants and auditors of Colombia and Chile were consulted about the IES 1 «Entry Requirements for Professional Education Programs in Accounting» and IES 7, «Continuing Professional Development». Statistic conclusions indicate that four variables of IES 1 (approval rates, transparent information, study costs, professional competencies maps, and evaluation of entry points into the accounting program) and ten variables of IES 7 (CPD approach , commitment to learning, professionalism, practical experience, systematic process and sanctions for continuing professional development models), show significant academic and professional gaps in this new environment on international education standards.

Keywords

• Normas Internacionales en Educación
• brecha de expectativas en educación
• requisitos de ingreso para los Programas de Educación Profesional de la Contabilidad
• desarrollo profesional continuo