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Manual - ICDS I : Accounting Policies
If a change is made in the accounting policies which has no material effect for the current previous year but which is reasonably expected to have a material effect in later previous years, the fact of such change shall be appropriately disclosed in the previous (a) in the previous year in which the change is adopted; and (b) in the previous year in which such change has material effect for the first time.
Accounting policy change disclosure required when future material effect is expected; disclose at adoption and when it first becomes material. Change in accounting policies that has no material effect in the current previous year but is reasonably expected to have material effect later must be disclosed: (a) in the previous year in which the change is adopted; and (b) in the previous year in which the change has material effect for the first time.
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