When India Inc switches accounting standards to IFRS, it may also have to review its employee stock option plans, to avoid an earnings hit, reports CNBC-TV18's Ashwin Mohan.
The traditional employee stock option model may soon become a thing of the past. With IFRS mandating that the cost of the stock option be reflected in the accounts, Indian corporates are now hunting for alternative employee compensation packages. Jamil Khatri, Head - US GAAP & Accounting Services, KPMG said,Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!