A Systematic Approach to Creating an Organization’s Accounting Policy, Taking into Account Changes in Legislation

Abstract

The article is devoted to the topic of timely updating of the accounting policy of an economic entity, since it ensures a systematic approach to accounting and preparation of financial and tax reporting. Accounting policy is the main internal document of the organization and its presence is mandatory. Due to changes in tax and accounting legislation, there is a need to adjust and supplement the applied accounting policy, reflecting new methods and accounting methods. Since 2025, changes have affected the methods of asset valuation, the criterion of materiality of information, the rules for conducting and reflecting the results of inventory, the introduction of a federal investment tax deduction (FINV), the introduction of an increasing coefficient for expenses related to the acquisition of Russian programs for computing equipment and databases, high-tech equipment, electronic products and expenses for research and development work.