The Influence of Accounting Policy on Accounting Information
Wen Wang
Abstract
Wen Wang
Abstract
As the enterprise's decision - making power in accounting management is expanding, the enterprise, based on its own characteristics and interest will formulate its own accounting policy to enhance the accounting management. Accounting policy does have some influences on accounting information, influences that lead to the uncertainty of accounting information. But such uncertainty does not belong to the category of accounting information distortion and is not to be controlled and so we shall review the authenticity of accounting information.
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As the enterprise's decision - making power in accounting management is expanding, the enterprise, based on its own characteristics and interest will formulate its own accounting policy to enhance the accounting management. Accounting policy does have some influences on accounting information, influences that lead to the uncertainty of accounting information. But such uncertainty does not belong to the category of accounting information distortion and is not to be controlled and so we shall review the authenticity of accounting information.
Key concepts: Accounting, Accounting information system, Constraints accounting, Management accounting, Cost accounting, Positive accounting, Throughput accounting, Accounting standard