Question: 5 ABC Ltd. was making provision for non-moving inventories based on issues for the last 12 months up to31.3.2016. The company wants to provide during

5 ABC Ltd. was making provision for non-moving inventories based on issues for the last 12 months up to31.3.2016. The company wants to provide during the year ending 31.3.2017 based on technical evaluation: Total value of inventory Provision required based on 12 months issue Provision required based on technical evaluation 100 lakhs 3.5 lakhs 2.5 lakhs Does this amount to change in Accounting Policy? Can the company change the method of provision

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