Regulatory Alerts2018-05-14
Added · Updated
Chart of Accounts and Contents of Accounts for Banks
The Governor of the National Bank of Serbia adopted this Decision, establishing the Chart of Accounts for Banks and detailing the contents of its account groups and individual accounts. It prohibits banks from introducing unprescribed three-digit accounts but allows further breakdown of existing ones, requiring specific data for financial statements on financial instrument purpose, measurement, and impairment stages. The document meticulously outlines account classifications for cash, gold, various receivables, and lending activities in both dinars and foreign currency, mandating adherence to IFRS 9 and other relevant accounting standards.
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