PL EN


2011 | 2011(60(116)) |
Article title

Changes of accounting policies and their presentation in financial statements according to Polish and international regulations

Selected contents from this journal
Title variants
Languages of publication
Abstracts
EN
The article puts forward the thesis that the possibility of changes in accounting policies of an entity depends on the scope of freedom in choosing the permitted options. The objective of this study is to identify the areas in Polish and international regulations which allow choices in determining an entity’s accounting policy and freedom to change it later, and to indicate presentation of these changes in financial statements. The study has resulted in suggesting two directions of changes in Polish accounting law:1) accepting solutions included in IAS 8, or in American standards referring to the presentation in financial statements of changes in accounting policies,2) limiting the allowed scope of choice in adopting an entity’s accounting policies.In the author’s opinion the suggested solutions would ensure the comparability of financial statements prepared by Polish entities.
Contributors
References
Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.ceon.element-f0584b2e-56c7-384f-986a-91b1d92ec015
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.