The document discusses the revision of the International Education Standards (IESs) by the International Accounting Education Standards Board (IAESB). The objectives of revising the IESs are to improve clarity, ensure consistency with the revised framework, and clarify issues from changes in the environment of accounting education. An overview is provided of the current IESs and the revision process, including examples of revisions made to IES 1 on entry requirements and IES 5 on practical experience. The implications of the revised standards for different stakeholders are also addressed.