ECONOMIC MECHANISMS OF ORGANIZATION AND IMPLEMENTATION OF ACCOUNTING POLICY AT THE ENTERPRISE

Аннотация

Accounting policy – is a system that fully reflects what methods were used, how the final report is
performed over several reporting years, as well as how additional information about changes in the field of work was
obtained, and other circumstances. The introduction of the international accounting standard will significantly
improve the quality and efficiency of accounting, control, enterprises give a certain independence in using the most
reasonable accounting systems, indicating its features, specifics, techniques and technologies in the organization of
production, labor and management. Nowadays, accountants are engaged not only in maintaining accounts, but also in
planning and making decisions, monitoring, evaluating economic activities, and auditing. Accountants also provide
users of accounting information with the necessary information, regardless of whether they are internal or external
users.
Thus, the accounting policy is a set of internal rules specific to the accounting system, which are used in the
practice of the sphere of economic activity of organizations, selected and consistent. The content of the accounting
policy reflects the ways of optimal and effective use of accounting methods to describe the financial results and
requirements of economic activities of organizations. The accounting policy consists of a set of accounting
principles, methods and rules applied by organizations for the preparation of the final financial report, as well as
provisions adopted for the practical disclosure of the content of economic activities of organizations. The accounting
policy is one of the main internal regulatory documents of the organization. It controls the process of accounting in
the organization in accordance with the requirements of the rules governing external Accounting at the legislative,
methodological and methodological level, performing such functions.
Each organization is forced to review the requirements and conditions of an ever-changing market, as well as to
restrict competition from increasing competition and re-approach the issues of financial management and accounting
policy of the organization. Because at present, these issues are no less important for companies than their production
capabilities. Therefore, organizations need an accounting policy that provides information and high reliability of
reporting indicators, reflects the balance of interests of a group of users of reporting information, helps to minimize
the burden of tax payments and achieve other opportunities. In connection with the transition to international
financial reporting standards, one of the most pressing issues has become General accounting, and the ability to
compare reporting indicators with them. Theoretical and practical approaches to these principles should be
thoroughly studied and recognized as a source of interest in the implementation of Kazakhstan accounting.