Regulatory Alerts2022-12-27
Instruction for the Application of the Chart of Accounts for Leasing Companies
The Croatian Financial Services Supervisory Agency issued this instruction to mandate the standardized application of the chart of accounts for leasing companies in accordance with the relevant Rulebook. It requires leasing entities to maintain business books and financial reports that accurately classify assets and liabilities by institutional sector and maturity, ensuring compliance with International Financial Reporting Standards. The document details specific accounting treatments for long-term and short-term assets, including financial and operating leases, as well as provisions for impairment and depreciation.
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