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Essar Energy: Indian GAAP, U.S. GAAP or IFRS? (A)

David J. Sharp; Sudershan Kuntluru; Paritosh Basu; Sanjay Chauhan;

商品編號:9B13B014
出版日期:2013/06/10
再版日期:2013/06/10
商品來源:Ivey
商品主題:Accounting; International Business
商品類型:Case (Field)
涵蓋議題:IFRS Adoption;Accounting Systems;IPO Location;International GAAPs;India
難易度:4 - Undergraduate/MBA
內容長度:15 頁
地域:India
產業:Utilities;
事件年度:2007

Essar Group (Essar), a large diversified conglomerate based in India, needs to raise significant capital through an initial public offering (IPO) and has to decide whether to do so through the Indian Stock Exchange, the London Stock Exchange or the New York Stock Exchange. The company will have to continue to report in Indian GAAP and, if it decides to list its IPO in the United States or Europe, it also will have to adopt either U.S. GAAP or IFRS. The chief financial officer of Essar has to recommend to management where to raise the needed capital and what accounting standard to adopt. The B case 9B13B015 discloses the decision and describes some of the implementation issues.

教學手冊:8B13B014
補充材料:9B13B015