THE ACCOUNTING POLICY OF THE ENTERPRISE IN HISTORICAL ASPECT
ABSTRACT -Accounting policy is a key tool in developing and understanding the entity's financial statements. At the present stage, each enterprise has the freedom to choose and develop its accounting policy model, while complying with applicable accounting standards, accounting regulations, and current accounting principles. In order to give this an opportunity on enterprise, in the present, accounting policy is going through a long path of development. This article aims to clarify the reasons that led to the need to develop accounting policies and to track the process of its construction.
Keywords: accounting policy, accounting principles, accounting standards