The proposed Framework consists of four parts:
- Part One identifies the purpose and scope of the Framework;
- Part Two explains the educational concepts of professional competence, learning outcomes, general education, initial professional development, continuing professional development, and assessment and measurement used in the process of determining the effectiveness of learning and development, which will be used by the IAESB when developing the IESs;
- Part Three describes the nature of the IESs and related IAESB publications; and
- Part Four outlines IFAC member body obligations relating to the IESs.