Regulatory Alerts2021-12-01 | 105797Chart of Accounts for Accounting by Payment System Operators/Payment Organizations
The National Bank of the Kyrgyz Republic issued this resolution establishing a standardized chart of accounts for payment system operators and payment organizations. The document mandates specific accounting classifications across eleven sections, detailing debit/credit rules, balance requirements, and currency conversion procedures for current assets, non-current assets, liabilities, equity, income, expenses, and off-balance sheet items. It further prescribes auxiliary bookkeeping practices, sub-account structures, and foreign currency translation mechanisms to ensure consistent financial reporting aligned with national regulatory standards.
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