The author of the book, one of the most competent professionals in the field of accounting, analysis of the economic activities of organizations and auditing, offers methods for forming, changing, disclosing accounting policies, gives specific practical recommendations for drawing up accounting policies for 2012. Particular attention is paid to the consequences of adopted decisions. You will learn how methods of accounting and evaluation of accounting objects influence the main indicators of an organization's activities (the value of individual assets and liabilities, tax obligations, indicators of production costs, profit, solvency, profitability, property turnover, etc.). The book is addressed to chief accountants and heads of organizations , employees of tax authorities, auditors, heads of financial services, specialists in analyzing the economic activities of organizations. It can also be useful to students and trainees of the advanced training system. The book has been prepared taking into account all changes in Russian legislation over the past year.