This paper aims to present an approach about the conceptualization of higher education competences, based on the University - Industry relationship, considering the analysis of the International Education Standards [IES] issued by the International Federation of Accountants [IFAC] through the International Accounting Education Standards Board [IAESB] and how these standards address education processes for Accountants. This analysis seeks to identify the main gaps in the model and the need to study and apply it within a context, as a requirement in current teaching and learning processes.