Accounting policy in institutions

Abstract

Legislative, theoretical, methodological and organizational issues of the accounting policy of a commercial organization remain relevant and insufficiently studied. This determines the need to study the evolution of the legal regulation of accounting policy, justify and develop proposals for the improvement of normative legal acts regulating accounting policy, study the experience of forming accounting policy, analyze its elements in order to consider factors and act. At the same time, a well-prepared accounting policy is one of the tools for the correct organization of unified accounting, ensures data security and the possibility of its transfer during the change of accountant in the organization, allows accounting. to refer to the accounting policy as a methodological guide to employees. Accounting policy is actually a formalized position of the organization. Accounting policy allows you to optimize the accounting process in terms of reducing its complexity, increasing the quality of presentation and grouping of accounting data.