The concept and role of accounting policy in the accounting system of a commercial organization

This article discusses various scientific approaches to understanding the issues and the role of accounting policies in the accounting system of a commercial organization. The relevance of this study is based on the fact that accounting policy is an effective tool both for the formation and improvement of the financial result of the work of an economic entity, while taking into account the conditions in which the enterprise operates and the regulatory legal acts that must be observed. The purpose of the study is to establish the procedure for determining the provisions of the accounting policy, which lays down the principle of independence of organizations. As conclusions, it should be noted that the accounting policy should be considered as one of the main local documents that determine the basis of the activities of an economic entity, its pricing policy, tax planning and management.