Object of research: the process of accounting organi-zation and accounting policy of business entities of Ukraine.The purpose of research: grounding of the theo-retical and methodic issues, as well as working out of the practical recommendations concerning the improvement of order of forming and applying the enterprises' account-ing policy, which provides the organizational and eco-nomical conditions for an effective activity of the business entities of Ukraine. Methods of research: induction, de-duction, theoretical generalizing, comparison, system ap-proach, analysis, synthesis, causal-consequent connection, abstract-logical, observationTheoretical and practical results: the urgent issues con-nected with the improvement of the process of forming and application of enterprises' accounting policy have been researched and solved. The results of research can be used as the basis of the further research in the sphere of improvement of accounting organization and accounting performance, in order to optimize the normative regula-tion, in the study process as well as in the activity of the enterprises and auditing firmsThe scientific novelty lays in the theoretical grounding of enterprises' accounting policy as well as in the working out of the set of practical recommendations, connected with forming and application methodic of accounting pol-icy of business entities. The results characterized by the scientific novelty which have been obtained during the research are as follows: the conception that considers the differentiation of preparing and presenting of the financial statements as well as an accounting policy forming at an enterprise has been developed for the first time; the con-tents of the concept "accounting policy of an enterprise", as well as the methodic of forming of the enterprises' ac-counting policy, the process of the accounting policy documentation, the order of making changes into the en-terprises' accounting policy with the aim of following the consistency principle, the disclosure process ofinforma-tion on the accounting policy in the financial statements have been improved; the differentiation of the concepts "accounting policy object" and "accounting policy ele-ments", the determination of the possibility of the enter-prises' accounting policy development; application of ac-counting policy during the business control procedures have undergone the further development.Extent of implementation: the results of the research are used in the activity of VTP "Soyuz-7", Limited partner-ship "Chysta krynytsya", PAF "Audit-Butynets", in the study process of ZSTU in teaching "Financial Accounting", "Accounting Organization", "Economic Analysis".Effectiveness of implementation: provides an optimal process of forming an enterprise's accounting policy as well as its effective application as a management tool of business entities' accounting process. Sphere (branch) of application: activity on accounting organization at the enterprises.
