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As per AS-1 Disclosure of accounting policies' any change in an accounting policy can be called out under any of the three circumstances a) requirements of law / statute b) requirement of accounting standard c) for better presentation ,which has a material effect should be disclosed in the financial statements ,the AMT by which any item in the financial statements is affected by such change should also be disclosed to the extent ascertainable where such amount is not ascertainable, wholly or in part ,the fact should be indicated .Is this ok for the provision para for case based question related to AS-1 sir?
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