Centre to finalise IFRS roadmap by Nov: Khurshid
September 15th, 2009 - 11:26 pm ICT by IANSKolkata, Sep 15 (IANS) The centre will finalise a comprehensive roadmap for Indian corporates by November to adopt the International Financial Reporting Standards (IFRS) set to be operational from 2011, Corporate Affairs Minister Salman Khurshid said Tuesday.
“We will finalised the roadmap by November after consulting regulatory bodies like Securities & Exchange Board of India,” Khurshid told media persons on the sidelines of function here.
On the multi-crore accounting fraud in Satyam Computers, he said the Serious Fraud Investigation Office (SFIO) had stumbled upon enough evidence about the irregularities in the company.
The minister said the government will take steps to strengthen the SFIO to prevent recurrence of such incidents. “We are contemplating setting up an Equal Opportunity Commission to bring about diversity in workplace and educational institutions,” he said.
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- ED to probe money transfer in Satyam scam: Khurshid - Jul 13, 2010
- Government hopeful US will not impose any penalty on Satyam - Jul 13, 2010
- Enforcement Directorate yet to give final report on Satyam - Sep 15, 2009
- Corporates to have new accounting system in 2011 - Mar 28, 2010
- Government keen on passing new companies act - Mar 01, 2012
- Lobbying is legal but up to a point: Salman Khurshid - Dec 16, 2010
- Government to put Satyam case on fast track - May 29, 2009
- After 10 months Ramalinga Raju appears before court - Aug 24, 2010
- Supreme Court cancels bail to Satyam's Raju, asks him to surrender by Nov. 8 - Oct 26, 2010
- Ramalinga Raju gets bail - Aug 18, 2010
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