INFLUENCE OF ACCOUNTING POLICY ON THE INDICATORS OF FINANCIAL AND ECONOMIC ACTIVITY OF AN ORGANIZATION

Abstract

The article is devoted to topical issues of forming an accounting policy at a modern enterprise. More than 20 years of experience in applying accounting policy in Russian conditions have shown that not enough attention is still being paid to using accounting policy as a tool to increase the efficiency of decisions made by external and internal users. The influence of the accounting policy of an organization on the indicators of its financial and economic activity is considered. The importance of analyzing the financial and economic indicators at the stage of forming of an accounting policy of an enterprise is shown. The authors have proposed a number of financial and economic indicators, as the most important ones for external and internal users, which should be used in financial and economic analysis at the stage of developing an accounting policy of an organization. The provisions proposed in the article are justified by the performed calculations. The existence of influence of an accounting policy on the main indicators of financial and economic activity requires a preliminary analysis of the provisions of this policy and is a necessary condition for adequate and reliable reflection of an organization’s activities.