The specific standards set by a company governing how financial statements are prepared, and how financial transactions and other accounting events are handled and recorded. The accounting policies of a company influence reporting accuracy and regulatory compliance, and should be taken into account when evaluating balance sheets and quarterly reports.
Related information about accounting policies:
- Accounting Policies Definition | Investopedia
Accounting policies differ from accounting principles in that the principles are the rules and the policies are a company's way of adhering to the rules.
- Accounting Policies and Procedures Manual - NAMI
Accounting Policies and Procedures Manual. Table of Contents. Introduction. 1. Division of Duties. 2. Cash Receipts Procedures. 4. Cash Disbursements ...
- What is accounting policies? definition and meaning
Definition of accounting policies: Principles, rules and procedures selected, and consistently followed, by the management of an organization (the accounting ...
- Accounting Policies - ReadyRatios.com
International Accounting Standard 8 (IAS 8) defines accounting policies as “the specific principles, bases, conventions, rules and practices applied by an entity in ...
- Accounting Policies: Definition from Answers.com
Reporting methods, measurement systems, and disclosures used by a specific company. The accountant should evaluate the appropriateness of accounting ...
- Accounting Policies and Procedures - 4expertise
Accounting Policies and Procedures. 4expertise.com. Introduction. This section provides an accounting primer to explain the basic concepts of accounting, ...
- FRS 18 - Accounting Policies
an entity adopts the accounting policies most appropriate to its particular ... the accounting policies adopted are reviewed regularly to ensure that they remain ...
- Accounting policies - NeuroSearch
The accounting policies applied in the preparation of the consolidated financial statements for 2011 are set out below. The accounting policies are unchanged ...