08-04-2010, 09:48 PM
Technically speaking ESE is just a term used to distinguish/define MSE.
So a listed company (which also by virtue of definition of ESE is a ESE) is required to comply with requirements 4th schedule and follow IAS/IFRSs (not Accounting and Financial Reporting Standards for Medium-Sized Companies and Small-Sized Companies).
Now you answer that
If small sized company is a listed company
What it will be required to comply with?
So a listed company (which also by virtue of definition of ESE is a ESE) is required to comply with requirements 4th schedule and follow IAS/IFRSs (not Accounting and Financial Reporting Standards for Medium-Sized Companies and Small-Sized Companies).
Now you answer that
If small sized company is a listed company
What it will be required to comply with?
