Accounting principles are lenient at times, so the policies of a company can be very important. Looking into a specific company's accounting policies can signal whether management is conservative or aggressive when reporting earnings. This should be taken into account by investors when reviewing earnings reports. Also, outside accountants that are hired to review a company's financial statements should check the company's policies to ensure they conform to accounting principles.
облікова політика; норми бухгалтерського обліку; принципи бухгалтерської звітності; принципи фінансової звітності {МКСФЗ}