Abstract:
Accounting policy is the basic organizational document that determines the order of the enterprise. It also has a direct impact on the financial performance of the organization. The goal of any commercial enterprise is to obtain maximum profit, spending a minimum amount of resources for this, thereby reducing the cost of production. To achieve this goal, the accounting policy can become a powerful tool for achieving the desired result. The article contains a table that shows the effect of certain elements of accounting policy in Russian accounting on financial statement indicators. It is also shown how from the choice of specific methods of accounting can change costs, stocks, profits and cost. As a result of this study, it was revealed that a methodical aspect of accounting policy plays an important role in the indicators of financial reporting. JEL: М41 ; CZU: 657.1:658.15(470+571).
Description:
BYCHKOVA, Svetlana, SADCHENKO, Kristina. Элементы учетной политики и их влияние на финансовые результаты. In: Contabilitatea şi auditul în condiţiile globalizării: realităţi şi perspective de dezvoltare = Accounting and auditing in the globalized conditions: realities and prospects for development : conf. șt. intern., ed. a 7-a., 19-20 apr. 2018. Chişinău : S. n., 2018, pp. 70–74. ISBN 978-9975-127-59-2.
