Monday, September 20, 2010

Valuation is to IFRS implementation what book-keeping is to accountancy

From ‘true and fair' to ‘fair'

To those who are implementing IFRS (International Financial Reporting Standards), training is a big challenge, feels S. Sundararaman, Partner, Haribhakti & Co, Chartered Accountants, Chennai ( http://bit.ly/F4TSundararamanS). More specifically, training in an environment of dynamic evolution of the standards is the challenge, he adds, during a recent interaction with Business Line. “Finding adequate human resources for this is a bigger task.”

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