| Summary: | In writing this article, we noted that accounting
policies can influence the size of the outcome, as it
derives from the various valuation and calculation
methods provided by national accounting regulations.
Different financial outcomes result from an entity’s
choosing of one approach over another. The research
entails objective observation in order to gain a better
understanding of the provisions of the accounting
regulatory framework governing the selection and
application of accounting policies for fixed assets and
inventories. The descriptive method, which included
elements of comparison, analysis, and deduction, was
preferred in rendering the material. As an indirect
research technique, the study of provisions of national
accounting legislation was employed, and the search
engine Web of Science was used according to various
selection criteria to determine the performance of
scientific research at the international level. The
research results can be used both in the practice of
entities and for teaching purposes.
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