India accounting changes will harm deals

Author: | Published: 15 Mar 2010

India faces a year of reform in 2011 with a wave of new legislation and regulation set to become effective – including a shift from Indian Gaap (General Accepted Accounting Principles) to IFRS (International Financial Reporting Standards). Deals could be put into jeopardy as companies struggle to implement the new system.

Speaking at IFLR’s M&A Forum...