The contents of financial accounting policy in small and middle companies

The goal of the article - to analyse the compulsory elements of financial accounting policy and to present the model of optimal financial accounting policy's contents in small and middle companies. The article analyses definitions of financial accounting policy, its contents, main determinants and its goal, it is given the new definition. Authors argues that the contents of accounting policy should depend on the company, sizeVytauto Didžiojo universitetasŽemės ūkio akademij