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As 21

Accountancy

As 21 requires uniform accounting POLICIES, but 3rd point relate to accounting ESTIMATE. Why is it adjusted? Provision is an estimate

Aman Mahajan

CA Final

★ 19K+

24-Sep-21 20:20

465

Answers (1)

You have a valid point here. However, An entity may have a specific policy to measure the estimate.

CA Suraj Lakhotia

Admin

24-Sep-21 21:23

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As 21

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