International Association for Accounting Education & Research

Last updated
International Association for Accounting Education & Research
IAAER logo.jpg
Formation1984
TypeProfessional association
PurposeSupport accountancy education and research
Region served
Worldwide
Official language
English
President
Prof Gary Sundem
AffiliationsInternational Federation of Accountants(IFAC)
Website http://www.iaaer.org/

The International Association for Accounting Education & Research (IAAER) is a non-profit organization that promotes excellence in accounting education and research. The organization also seeks to ensure that accounting academics make the maximum contribution to development of excellent accounting standards. [1]

Contents

Foundation

The origins of the IAAER can be traced back to meetings of the International Congresses on Accounting that started in 1904. The International Federation of Accountants began holding separate International Conferences on Accounting Education in 1962. IAAER was founded in 1984 to serve as a co-host with the Japanese Accounting Association for the sixth of these conferences, which was scheduled to be held in Kyoto, Japan in 1987. Its organization was defined at a meeting in Toronto, Canada on 17 August 1984, with representatives from Australia, Canada, Japan, Netherlands, Germany, the United States and the United Kingdom. [2]

Membership

IAAER offers institutional, university, individual, and student memberships. As of 2009, IAAER had about 50 institutional members, including professional accounting bodies such as the American Institute of Certified Public Accountants and accounting academic organizations such as the American Accounting Association. In 2009, IAAER announced that all members would have access to eIFRS, an online repository of material about International Financial Reporting Standards. [3]

Activities

IAAER contributes to international accounting and auditing standards through relationships with various international bodies, bringing a research-based academic viewpoint. Specifically, IAAER is represented on the International Accounting Education Standards Board (IAESB) of the International Federation of Accountants (IFAC), the Education Advisory Group of the International Accounting Standards Committee Foundation and the Standards Advisory Council of the International Accounting Standards Board (IASB). [1]

IAAER commissions research projects to develop improvements to international accounting and educational standards, and promotes development of accounting skills by working with local and regional bodies and organizing conferences and workshops. [1] For example, in 2006 IAAER and KPMG invited research proposals under the Defining, Recognizing and Measuring Liabilities Research Program. [4] In November 2007, IAAER and the Association of Chartered Certified Accountants (ACCA) announced that they were providing up to five research grants of up to $25,000, funded by ACCA, to support the work of the IAESB. [5] In July 2010 IAAER and ACCA again issued a call for proposals for research supporting development of international standards of education. [6]

The IAAER sponsors and coordinates the World Congress of Accounting Educators and Researchers, which is held every four years in conjunction with IFAC World Congress. IAAER issues the COSMOS Accountancy Chronicle, a newsletter, supports the Journal of International Financial Management and Accounting and Accounting and Accounting Education: An International Journal, the official journals of the organization. [1]

Related Research Articles

Accounting Measurement, processing and communication of financial information about economic entities

Accounting, also known as, accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of users, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms.

International Financial Reporting Standards Technical standard

International Financial Reporting Standards, commonly called IFRS, are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board (IASB). They constitute a standardised way of describing the company's financial performance and position so that company financial statements are understandable and comparable across international boundaries. They are particularly relevant for companies with shares or securities listed on a public stock exchange.

Financial accounting

Financial accounting is the field of accounting concerned with the summary, analysis and reporting of financial transactions related to a business. This involves the preparation of financial statements available for public use. Stockholders, suppliers, banks, employees, government agencies, business owners, and other stakeholders are examples of people interested in receiving such information for decision making purposes.

Chartered accountant Professional designation for accountants

Chartered accountants were the first accountants to form a professional accounting body, initially established in Scotland in 1854. The Edinburgh Society of Accountants (1854), the Glasgow Institute of Accountants and Actuaries (1854) and the Aberdeen Society of Accountants (1867) were each granted a royal charter almost from their inception. The title is an internationally recognised professional designation; the certified public accountant designation is generally equivalent to it. Women were able to become chartered accountants only following the Sex Disqualification (Removal) Act 1919 after which, in 1920, Mary Harris Smith was recognised by the Institute of Chartered Accountants in England and Wales and became the first woman chartered accountant in the world.

Association of Chartered Certified Accountants Global professional organization

Founded in 1904, the Association of Chartered Certified Accountants(ACCA) is the global professional accounting body offering the Chartered Certified Accountant qualification (ACCA). It has 233,000 members and 536,000 future members worldwide. ACCA's headquarters are in London with principal administrative office in Glasgow. ACCA works through a network of over 110 offices and centres in 51 countries - with 346 Approved Learning Partners (ALP) and more than 7,600 Approved Employers worldwide, who provide employee development. The ACCA also works in India, China and Pakistan.

International Public Sector Accounting Standards (IPSAS) are a set of accounting standards issued by the IPSAS Board for use by public sector entities around the world in the preparation of financial statements. These standards are based on International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB).

Certified General Accountants Association of Canada

Founded in 1908, the Certified General Accountants Association of Canada (CGA-Canada) serves Certified General Accountants and students in Canada and nearly 100 countries. CGA-Canada established the designation's certification requirements and professional standards, offers professional development, conducts research and advocacy, and represents CGAs nationally and internationally. CGA-Canada joined the Chartered Professional Accountants of Canada to integrate operations under the CPA banner in 2015. CPA Canada is the new national accounting body formed by the merger of the Canadian Institute of Chartered Accountants (CICA) and the Society of Certified Management Accountants (CMA) in 2013, and now Certified General Accountants.

The International Accounting Education Standards Board (IAESB) is an independent organisation within the fold of the International Federation of Accountants (IFAC). The board develops guidance to improve standards of education in accountancy. The two main areas of focus are the key elements of accreditation and the requirements of accountants for continuing professional education. The board also sponsors studies or papers about accounting education that promote discussion and debate on accounting education and development issues.

Institute of Chartered Accountants of Guyana

The Institute of Chartered Accountants of Guyana (ICAG) is a professional body in Guyana that regulates the accountancy industry and arranges for ongoing training of its members.

The Institute of Chartered Accountants of Jamaica (ICAJ) is a professional accountancy body in Jamaica. It is the sole organisation in Jamaica with the right to award the Chartered Accountant designation.

The Institute of Chartered Accountants of Nigeria (ICAN) is a professional accountancy body in Nigeria. It is one of the two professional accountancy associations with regulatory authority in Nigeria, the other being the Association of National Accountants of Nigeria (ANAN). The relationship between the two organizations has been tense. In 2007 ICAN attempted to have the bill establishing ANAN declared void.

Accountancy in Hong Kong is regulated by the HKICPA under the Professional Accountants Ordinance. The auditing industry for limited companies is regulated under the Companies Ordinance, and other Ordinances such as the Securities and Futures Ordinance, the Listing Rules, etc.

Institute of Cost and Management Accountants of Bangladesh Accounting institute in Bangladesh

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) is an institution dedicated to Cost and Management Accounting education and research in Bangladesh. It is managed as an autonomous professional body under the Ministry of Commerce. As well as education, it is also engaged in regulating and promoting the profession of cost and management accountant in Bangladesh.

The accountancy profession in Malaysia is regulated by the Malaysian Institute of Accountants (MIA) through the powers conferred by the Accountants Act, 1967. The MIA is an agency under the Ministry of Finance and reports directly to the Accountant General Office. As at 4 February 2016, MIA has 32,618 members of which 68% are involved in commerce and industry, 22% in public practice and 10% in government and academia. Selangor and the Wilayah Persekutuan Kuala Lumpur]] Federal Territory have the largest concentration of MIA membership with 13,125 and 7,351 members respectively. https://web.archive.org/web/20150725035639/http://www.mia.org.my/new/members_statistics_state.asp

The Iraqi Union of Accountants and Auditors (IUAA) is a professional association for accountants and auditors in Iraq. It is the sole Iraqi member of the International Federation of Accountants (IFAC).

Public Interest Oversight Board

The Public Interest Oversight Board (PIOB) is an international body that oversees the International Federation of Accountants (IFAC) and seeks to improve the quality and public interest focus of the IFAC standards in the areas of audit, education, and ethics.

The Liberian Institute of Certified Public Accountants (LICPA) is a professional association of accountants in Liberia.

Cayman Islands Society of Professional Accountants Organisation in the Cayman Islands

The Cayman Islands Society of Professional Accountants (CISPA) is a professional association of accountants in the Cayman Islands, a British Overseas Territory in the Caribbean. CISPA is responsible for licensing accounting practitioners, supports education of accountants and participates in decisions about the financial industry in the offshore financial centre.

Institute of Certified Management Accountants of Sri Lanka

The Institute of Certified Management Accountants of Sri Lanka, is a professional body offering qualification in management accountancy in Sri Lanka.

CamEd Business School Business school in Cambodia

CamEd Business School, also known as CamEd Institute, is an institute of higher education in Phnom Penh, Cambodia. It specializes in teaching accounting and finance and is a primary source of new hires for major audit firms in Cambodia.

References

  1. 1 2 3 4 "Mission & Activity Statement". IAAER. Retrieved 2011-06-06.
  2. ↑ Belverd E. Needles Jr.; Lisa Olmsted (August 3, 2004). "A History of the International Association for Accounting Education and Research (IAAER): 1984-2004" (PDF). The Academy of Accounting Historians. Archived from the original (PDF) on May 31, 2011. Retrieved 2011-06-06.
  3. ↑ "IAAER Announces Free eIFRS Access for Academic Members" (PDF). Deloitte Global Services Limited. Archived from the original (PDF) on 2011-09-28. Retrieved 2011-06-06.
  4. ↑ "CALL FOR PROPOSALS Research on Defining, Recognizing and Measuring Liabilities IAAER - KPMG Research Opportunities" (PDF). Canadian Academic Accounting Association. Archived from the original (PDF) on 2011-10-05. Retrieved 2011-06-06.
  5. ↑ "ACCA AND IAAER LAUNCH INTERNATIONAL EDUCATION RESEARCH CALL". ACCA. 7 Nov 2007. Archived from the original on 24 May 2011. Retrieved 2011-06-06.
  6. ↑ "ACCA and IAAER call for research proposals". The Accountant. 2 July 2010. Archived from the original on 8 February 2013. Retrieved 2011-06-06.
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