THE EUROPEAN SEMINAR ON EDUCATION
Between the 11th and the 12th of February 2005, the European Seminar on Education organised by the South-eastern European Partnership on Accountancy Development (SEEPAD) took place in Sinaia, Romania, hosted by CECCAR.
The Seminar, otherwise the first of this kind for SEEPAD member countries, focused on a main theme: ‘The Application of International Educational Standards issued by IFAC”.
Organised under the patronage of the Technical Director on education issues of the International Federation of Accountants (IFAC), the Seminar was open by the SEEPAD President, Mr. Marin Toma and brought together, as lecturers, trainers, specialists from France, United States – CARANA Corporation, USAID, ACCA – and Romania – CECCAR and the Academy of Economical Sciences of Bucharest.
From a general perspective, the specialists underlined the fact that one can not ignore the spreading of globalization; therefore, the globalization process encompasses, as well, the educational sector of accountancy, starting from the academic level up to continuous professional training of accounting professionals. The global organization, IFAC has been concerned mainly by the accomplishment of the set of International Standards issued for the accounting profession. The International Educational Standards (IES 1 – 7) issued so far by IFAC, comprise two educational strategies: the first one is related to the pre-qualification stage of an accountant, (IES 1 - 6) starting from the academic stage, continuing with the training period necessary to obtain the expert or licensed accountant qualification; the second one focuses on continuous accountants’ professional development, introducing, through IES 7, the concept of life-time professional active education.

In Romania, CECCAR, as an IFAC member, has sent since 2003 the 6 IES to all the profile universities in the country, for implementation, including the Academy of Economical Sciences of Bucharest and the 7th standard has been included within the “professional Norm number 8 concerning continuous professional development of accountants” for the use of professional accountants.
Concerning auditing, IFAC is preparing the Standard number 8 “Audit competence requirements” in order to establish which are the essential elements and the directives necessary for the auditors’ good educational practice.
During this seminar, there was a round table that gave all the SEEPAD member countries representatives the opportunity to present their concerns towards the implementation of these International Education Standards, the successful actions, but also the obstacles that made difficult the comprehension and the application of these standards on a national level. The need to harmonize and to implement these IES has been obvious in most of the present countries and the advanced level of transposing the IES into national norms in Romania – in the case of CECCAR, through the issue and the implementation of Norm 38 and in the case of the Academy of Economical Studies of Bucharest, through their implementation into the academic accounting syllabus – have encouraged the participants to take active measures in order to transpose these standards into national harmonized norms ; the accomplishment of this target was in fact the aim of this seminar, at the end of which the participants have become specialized trainers in the SEEPAD member countries, whose mission is that of supporting the professional body as well as the academic environment in the harmonization process of the local laws with the International Educational Standards.
The participants were presented information and macro analysis on “economical development and especially corporate governance” that was defined very simply by one of the participants as it follows: “Each task (project) must be well done because it is supposed to be done and not because you know you will be evaluated”, which are the “changing roles of the accounting profession and of the accounting bodies”, as well as which are the “regional and global approaches to accountants’ qualification” and, not the least, an exceptional presentation, the “GAEB project” which included as well SEEPAD member countries and which settles targets concerning regional development in South-eastern Europe. All these presentations made the SEEPAD Regional Seminar on Education become the main vector of discussion, of highest level debates and of informational documents in order to elaborate standards, directives and national norms concerning pre-qualification education and continuous professional training for accountants, in order to understand and accept accounting education in all South-eastern European countries.
As a conclusion, it is worthy to cite one of the participants at this seminar who, considering himself “trained”, mentioned: “I am, today, wiser than yesterday and better informed for tomorrow
Those of you who are interested, you can study the materials presented during this seminar.