Accounting policy

Goals of the accounting policy

The accounting policy is the deliberate target and interest-oriented design of the balance sheet and the associated income statement, in the case of corporations as well as the appendix. This is intended to provide targeted information to the recipients of the balance sheet.

Design of the balance sheet structure

• The design of the balance sheet structure, ie the consideration of financing, investment and liquidity aspects. The balance sheet structure is designed within the scope of the legal possibilities so that its informative value is in the interests of the company.

Design of the result

• The design of the result. It relates to the regulation of success, which includes the achievement of success, the identification of success and the use of profit, as well as the maintenance of capital, because the actual values of goods change due to fluctuations in the value of money, price changes, and changes in demand and needs. The means of accounting policy can be:

  • Formal means
  • Material means

Balance sheet policy can be pursued because the person making the balance sheet is not always bound by the figures from bookkeeping and inventory. The commercial law grants him numerous evaluation and display options. B. enable a publicity, valuation, depreciation, provision and reserve policy.

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