Subscribe to one of our Finserv newsletters. If you sign up to our free Finserv monthly newsletter, you will receive a free Business Health Check report. Home We live and work in a fast-changing business world. This means that we need to be able to adapt to these changes quickly. Itâs not possible if our financial reporting systems are out-of-date, or just not up-to-date. We need to be geared for change. This is why we use the phrase âAccounting for Changeâ to underline what we do for clients.
A policy is a deliberate system of principles to guide decisions and achieve rational outcomes. A policy is a statement of intent, and is implemented as a procedure or protocol.olicy differs from rules or law. While law can compel or prohibit behaviors (e.g. a law requiring the payment of taxes on income), policy merely guides actions toward those that are most likely to achieve a desired outcome.
noun, plural policies. 1. a definite course of action adopted for the sake of expediency, facility, etc.: We have a new company policy. 2. a course of action adopted and pursued by a government, ruler, political party, etc.: our nation's foreign policy.