The effective date of the application of this FRSIC CONSENSUS was 27 March 2008.
The release of FRSIC Consensus 7 – Accounting Treatment For Granting Of ESOS By Parent Company To Subsidiary’s Employees And Subsequent Recharge By The Parent provides guidance, on the accounting treatment for transactions where a parent grant rights to its equity instrument to its subsidiary’s employees and recharges the subsidiary for the equity instrument
You can download FRISC Consensus 7 here: http://www.frsic.my/consensus_consensus.asp