Polityka rachunkowości jako instrument kształtowania sprawozdania finansowego
Accounting policies as an instrument affecting the financial statements

Summary/Abstract: Accounting policy is a document describing accounting principles adopted and followed in practice by an enterprise. Accounting law allows entities to choose among the permitted options for the presentation and valuation of their assets and liabilities. The choice of the options should be preceded by analysis of the entity's character and profile of activity. This article aims to present accounting policies as an instrument which affects the financial statements, which in turn are the basis for making economic decisions by external users of financial information. In conclusion, accounting policies adopted by an entity should result in financial statements which convey a true and fair view of its financial position and performance.

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