# Companies Act 1985, Paragraph 48: Disclosure of accounting policies

Extent: E+W+S

The accounting policies adopted by the company in determining the amounts to be included in respect of items shown in the balance sheet and in determining the profit or loss of the company shall be stated (including such policies with respect to the depreciation and diminution in value of assets).

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Source: https://www.legislation.gov.uk/ukpga/1985/6/schedule/9/paragraph/48 (the official version)
Page: https://openlegislation.uk/companies-act-1985/schedule-9/paragraph-48
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.