The article examines how companies report on their fixed assets in financial statements. It looks at different ways to analyze and classify accounting policies, which are rules companies follow when recording financial information. The study suggests creating a new category called "accounting policy system" to better align Ukrainian and international accounting standards. By breaking down accounting policies for fixed assets by their life cycle, companies can improve financial reporting and build trust with users. The researchers plan to further explore and define this new category to enhance financial reporting practices.