From the Desk of the Editor

نویسندگان

  • Arvind Singh
  • Rita Bahuguna Joshi
چکیده

In this new economy talent, ideas, energy and decision making power to employees are key to ultimate success of business. Employee provides benefit to business in some manner as the other tangible and intangible resources. Every company extended handsome salary and different benefits to the employees to retain them in competitive world. Prosperous companies come out with innovative compensation plan to its employer. Company spends crore of rupees in giving benefits to its employees. In this context, ICAI has framed Accounting Standard No 15 that discusses how the companies should give the treatment to the employees’ benefits and discloses various information in its annual report. The present study attempt to study the disclosure practices of various Fast Moving Consumer Goods companies. The results shows that there the companies follows the AS 15 as it is mandatory but there is no common disclosure practices among selected companies. The study found that Colgate Palmolive, Asian Paints, P&G and Philips India Ltd are the top companies in disclosure practices

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تاریخ انتشار 2016