The group apparently wants to bring its accounting policies into line with those of other large international groups.

Earnings quality has usually been associated with the use of conservative accounting policies.

You may also want to change some of your accounting policies.

The accounting policy for research and development costs should be clearly explained.

There have been no changes in the accounting policies during the year.

The company is still determining what form its reporting on accounting policies will take.

The change in accounting policy is reflected as a prior year adjustment.

The exact amount wasn't disclosed due to change in accounting policy.

But some companies, having lost the argument over accounting policy, would rather use political power.

Particular care should therefore be given to defining the accounting policies at an early stage.