Accounting standards

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K T BEEMA SANKARISH

K T BEEMA SANKARISH (Querist)
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14 November 2014 Y there s no accounting standards on "Other expenses"???

Nikhil Kaushik

Nikhil Kaushik (Expert)
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14 November 2014 because of materiality principle. Other expenses are supposed to reflect minor expenses and therefore don't attract that much importance.

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