What is accounting policy?
An accounting policy is a set of rules and procedures that define how a company should maintain its accounting records.
This includes asset valuation methods, income and expense recognition principles, and other criteria designed to ensure consistency and coherence of financial data.
Benefits
Consistency and standardization: Uniform accounting principles facilitate audits and inspections, as well as day-to-day financial management.
Adaptation to international standards: For companies operating in international markets, we ensure compliance with global accounting requirements.
Reducing financial risk: Proper accounting policies help avoid errors that could lead to financial losses.
When to use our services?
Setting up a new business: We help establish accounting procedures on solid foundations.
Regulatory changes: We adapt your accounting policies to current regulations to avoid legal risks.
Company reorganization or expansion: We support modifying your accounting policies to suit new business conditions.
Trusted us
What are the costs of support?
We support both large enterprises and smaller companies. If you are curious about how much you can save and the benefits of working with us, contact us.
The conversation is non-binding and could lead to significant tax savings.
Why is it worth it?
Legal compliance: Professionally developed accounting policies minimize legal risks related to financial irregularities.
Streamline accounting processes: Consistent accounting rules simplify financial management and improve efficiency.
Better financial analysis: A unified accounting policy leads to more accurate analysis and better decision-making.
Have a questions? Let’s talk!
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FAQ – frequently asked questions
Does every company need a formal accounting policy?
How often should accounting policies be reviewed and updated?
What are the risks of not having a consistent accounting policy?