Accountancy, asked by pjayanth23, 5 months ago

The doctrine of Materiality tells that better position than what actually it

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What is the principle of materiality in accounting?

What is the principle of materiality in accounting?What is the Materiality Concept?

The materiality principle states that an accounting standard can be ignored if the net impact of doing so has such a small impact on the financial statements that a reader of the financial statements would not be misled.

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The doctrine of Materiality tells that better position than what actually it​

Answers

What is the principle of materiality in accounting?

What is the principle of materiality in accounting?What is the Materiality Concept?

The doctrine of Materiality tells that better position than what actually it