Regulatory Alerts2025-09-30 | NCF-12Accounting Manual for Investment Banks
The Standards Committee of the Central Reserve Bank of El Salvador issued the Accounting Manual for Investment Banks to standardize the accounting treatment and financial reporting of supervised entities. The document establishes mandatory accounting principles, a specific chart of accounts, and detailed procedures for recognizing interest, classifying non-performing loans, and managing credit losses. It mandates strict internal controls, timely submission of weekly and monthly financial statements, and adherence to a hierarchy of Salvadoran law, central bank norms, and International Financial Reporting Standards.
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