Polityka rachunkowości jednostki oraz ujęcie jej zmian w sprawozdaniu finansowym według regulacji polskich i międzynarodowych
Changes of accounting policies and their presentation in financial statements according to Polish and international regulations

Summary/Abstract: The article puts forward the thesis that the possibility of changes in accounting policies of an entity depends on the scope of freedom in choosing the permitted options. The objective of this study is to identify the areas in Polish and international regulations which allow choices in determining an entity’s accounting policy and freedom to change it later, and to indicate presentation of these changes in financial statements. The study has resulted in suggesting two directions of changes in Polish accounting law: 1) accepting solutions included in IAS 8, or in American standards referring to the presentation in financial statements of changes in accounting policies, 2) limiting the allowed scope of choice in adopting an entity’s accounting policies. In the author’s opinion the suggested solutions would ensure the comparability of financial statements prepared by Polish entities.

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