Forming an effective accounting policy as a tool for tax minimization

The article discusses the importance of a competent approach to tax optimization by means of accounting policy. It has been established that due to the correct optimization of taxation, it is possible to maximize income and minimize taxes, while not violating the law. It is concluded that a well-thought-out accounting policy will make it possible to link all the elements of the process into a single whole and form a rational mechanism for its implementation. It is possible to influence financial results by regulating the valuation of assets, the distribution of income and expenditure between reporting periods.