1. IAESB Agenda Item 8-2
Developing Professional Accountants in Business (PAIBs) for the Strategic Business Partner’s Role -
Proposed Non-Authoritative Learning Outcomes (NLOs)
IAESB meeting
24–26 June Toronto, Canada

2. Background
PAIB Working Group commenced in September 2018
Initial objective: develop non-authoritative guidance to support users, through a Professional Accountant in Business (PAIB) lens / perspective
Draft guidance document presented to CAG and Board at April 2019 IAESB meeting in Bali
Following April 2019 meeting, project objective was refined and refocused based on the various viewpoints and constructive feedback from CAG and Board

3. Focused scope / objective Increased specificity and context
Key Changes
Focused scope / objective
PAIBs in role of future-ready strategic business partner
Increased specificity and context
Numerous “general” / “non-unique” NLOs eliminated
Remaining NLOs refined and refocused
Addition of third column with contextual descriptions / explanations
Expanded introduction
explain purpose, target audience, how guidance should be used
Revised presentation format
Various formats were explored and considered
More narrative, but retain tabular linkage to IESs

4. Expanded sources of information and input used:
Process Employed
Expanded sources of information and input used:
CGMA’s Competency Framework
IMA’s Management Accounting Competency Framework
professional knowledge and experience of Working Group members
CPA Canada Competency Map
SAICA Competency Framework
Draft documentation from ICT Taskforce
Comment Letter received from the Chair of the PAIB Committee of the IFAC regarding the IAESB’s Proposed Revisions to IESs 2, 3, 4, and 8

5. Additional feedback and input obtained:
Process Employed
Additional feedback and input obtained:
Independent evaluation “cold review”
PAIB Committee of the IFAC
IAESB DWG light review
Management Accounting Section of American Accounting Association
IAESB Chair
Independent evaluation “cold review” (again)
IAESB DWG light review (again)

6. Questions
Are there any significant enhancements to the PAIB Non-Authoritative Guidance that you suggest? If so, which ones and why?
Do you approve of the content of this Non- Authoritative Guidance?