Subject This article considers the elements of accounting policy which an organization can choose independently taking into account the forecast goals of the financial and economic situation. Objectives The article aims to generalize, organize and systematize the existing accounting procedures and instruments by means of which it is possible to change financial indicators, receiving the forecast values. Methods For the study, I used the methods of analysis and synthesis, and generalization of the information array forming classification criteria. Results The article shows in detail the difference between the illegal manipulation of accounting registers and the achievement of predicted values of financial reporting by means of accounting procedures within the running regulatory requirements. It also examines in detail many accounting policy instruments that can be used to influence (up to a certain extent) the values of financial indicators and performance factors. Relevance The obtained results can be used by managers and accountants when selecting accounting procedures of the accounting policy being formed, when auditing, assessing the current business, conducting financial analysis of going into liquidation subjects including the identification of indications of fraudulent and deliberate bankruptcy.
Keywords: accounting abuses, cost management, provisions, net assets, business value, market value, financial stability, valuation activities
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