Accounting Policies

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....e Ind AS. Accounting policies adopted by the entity mut comply with Ind ASs specific guidance. Financial statements which are prepared by the accounting policies set by Ind AS gives relevant and reliable information about the transactions, other events and conditions to which they apply. Those policies need not be applied when the effect of applying them is immaterial. However, it is inappropriat....

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....that results in information that is: * relevant to the economic decision-making needs of users; and * reliable, in that the financial statements: * represent faithfully the financial position, financial performance and cash flows of the entity; * reflect the economic substance of transactions, other events and conditions, and not merely the legal form; * are neutral, ie free from bias; ....