Define: Accounting Policies

UK Accounting Glossary

Definition: Accounting Policies


Quick Summary of Accounting Policies


Accounting methods which have been judged by business enterprises to be most appropriate to their circumstances and adopted by them for the purpose of preparing their financial statements.



What is the dictionary definition of Accounting Policies?

Dictionary Definition


Accounting policies are the specific principles and procedures implemented by a company’s management team and are used to prepare its financial statements. These include any methods, measurement systems and procedures for presenting disclosures.


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Examples of Accounting Policies in a sentence


Critics state that the new accounting policies will unnecessarily create scary, volatile numbers in the annual earnings report.

The latest move has greatly strengthened the regulatory force of accounting policies.


Synonyms For Accounting Policies


accounting method, accounting rules, accounting policy, method of accounting, accounting standard


Cite Term


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https://payrollheaven.com/define/accounting-policies/
Modern Language Association (MLA):
Accounting Policies. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. January 21, 2020 https://payrollheaven.com/define/accounting-policies/.
Chicago Manual of Style (CMS):
Accounting Policies. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/accounting-policies/ (accessed: January 21, 2020).
American Psychological Association (APA):
Accounting Policies. PayrollHeaven.com. Retrieved January 21, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/accounting-policies/

Definition Sources


Definitions for Accounting Policies are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December 2018.