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.


Full Definition of Accounting Policies


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.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Accounting Policies. Payroll & Accounting Heaven Ltd. September 16, 2019
Chicago Manual of Style (CMS):
Accounting Policies. Payroll & Accounting Heaven Ltd. (accessed: September 16, 2019).
American Psychological Association (APA):
Accounting Policies. Retrieved September 16, 2019, from website:

Definition Sources

Definitions for Accounting Policies are sourced/syndicated from:

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