Icds disclosure
This query is : Resolved
29 October 2017
CHANGE OF METHOD OF VALUATION FORM "AT COST" TO "AT COST OR NRV WHICHEVER IS LOWER " THIS IS CHANGE IN ACCOUNTING POLICIES FOR REPORTING OF ICDS IN CLAUSE 13(f) OF FORM 3CD OR NOT. PLS REPLY.
29 October 2017
Yes because change in inventory valuation method, is a change in the measurement base, meaning thereby, it is a change in accounting policy.
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