IFRS India Progress: 'Last 6 Months Most Fruitful'
Published on Thu, Jan 19, 2012 at 19:25 | Source : Moneycontrol.com
Updated at Thu, Jan 19, 2012 at 19:32
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IFRS India Progress: 'Last 6 Months Most Fruitful'
In an interview to The Firm, IASB Member Prabhakar Kalavacherla says that the new revenue recognition standards will take care of India’s sector specific needs.
In an interview to The Firm, IASB Member Prabhakar Kalavacherla says that the new revenue recognition standards will take care of India's sector specific needs and the IASB hopes to notify the standards by second half of 2012.
Watch the accompanying video for the full interview..