Regulatory Alerts2004-02-17
Added · Updated
Rules on the Chart of Accounts and Content of Accounts for Banks and Other Financial Organisations
The Governor of the National Bank of Serbia issued these Rules to prescribe the Chart of Accounts and specific content requirements for banks and other financial organizations. The document mandates that banks record balances and changes in assets, capital, liabilities, income, and expenses using basic triple-digit accounts, which may be subdivided into analytical accounts for detailed disclosure of items such as loans, provisions, and securities. It defines the accounting treatment for various account groups, including cash equivalents, deposits with the central bank, and loans to or investments in other banks, ensuring compliance with IAS 39 and relevant standards.
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