Question

In: Accounting

WRITE ACCOUNTING POLICIES FOR YOUR ORGANISATION

WRITE ACCOUNTING POLICIES FOR YOUR ORGANISATION

Solutions

Expert Solution

Accounting Policies are procedures that are established by the entity which is followed at the time of preparing and presenting its Financial Statement.

Accounting policies can vary from company to company, its is based on the nature of the company, objective of the company, standard applicable on that company, its geographical location , company motive to use its earnings to its use. there are so many factors which kept in mind while preparing its accounting policies.

so if you want to write accounting policies for any organisation firstly you should know about the entity nature and its objective.


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