SPECIFIC FEATURES IN THE PREPARATION OF ACCOUNTING POLICIES IN NON-FINANCIAL ENTERPRISES

<jats:p>In the modern economic environment, accounting policy represents a key element of the financial reporting of every enterprise. It determines the application of specific principles, methods, and assumptions through which a true, fair, and comparable presentation of business activity is achieved. The importance of accounting policy increases particularly in the context of the application of the International Financial Reporting Standards (IFRS), which require consistency, transparency, and professional judgment on the part of management.</jats:p>