Friday, November 21, 2008

Are there issues that arise when following the SEBI guidelines?

Issues in share-based payments

India soon needs a more detailed and comprehensive literature on share-based payment transactions, urges Mr Kamal Agarwal, a Senior Professional in a member firm of Ernst & Young Global.
He emphasises that a single standard which could apply to all forms of entities is imperative. "Hopefully, convergence with IFRS by 2011 would provide this," adds Mr Agarwal, during the course of a recent email interaction with Business Line.

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