Base Legal De La Contabilidad Bancaria

As you can see, the tax framework of accounting is quite broad, so with tax advice, it becomes a company that knows the entire regulatory field. 6 Standards for the preparation of consolidated financial statements of financial conglomerates. (NCB-019) Standards for the publication of financial statements of financial conglomerates. (NCB-020) Bank fee accounting rules for loans and conditional transactions. (NCB-021) Standards for the classification of assets at credit risk and the establishment of restructuring reserves. (NCB-022) Valuation rules for assets and liabilities excluded by banks during restructuring. (NCB-023) CIRCULAR LETTER 010 OF 2012 CGN Public Accounting IFRS AND IFRIC (IPSAS) for the Public Sector The CGN. Update of the project study. Accounting is a system in which assessments of internal and external processes that affect a company`s financial situation are presented and carried out. The legal framework for accounting is specified in Articles 33 to 38 of the French Commercial Code. It stipulates that the accounting of a company must cover at least the following requirements: the other articles stipulate that, in addition to all the legal and tax requirements to which they must meet, natural persons carrying out commercial activities must have a general ledger and, in the case of legal persons, a logbook.

Accounting rules in our country: Article 33 states: “Every trader is required to maintain and maintain an appropriate accounting system. This system can be implemented through the tools, resources, and recording and processing systems that best suit the specific characteristics of the business. 7 Banking supervision standard These are rules adopted by the supervision of the financial system in order to harmonise the procedures for establishing and operating banks and financial institutions with regard to the legal and administrative aspects with which they must comply. In addition, Article 28 of the tax legislation of the Federation (SBB) specifies all the elements that make up the accounts, such as; Books, accounting systems and records, working documents, bank statements, special accounts, books and company registers, as well as all legal tax requirements that must be met. 16 (c) Central American banks in whose home country, in accordance with international practice in this field, there is prudential regulation and supervision, qualified by internationally recognized risk classification societies and complying at all times with the laws and regulations in force in that country; and (d) banks and other foreign financial institutions in the home country where supervision and supervision exists, in accordance with international practice in this area, which are classified as the first line by internationally recognized risk classification societies. The SBB Regulation specifies how accounting documents and entries must be kept electronically and states that all supporting documents must be available at the taxpayer`s tax domicile. 5 Rules for accounting for investments of banks and holding companies for exclusive purposes. (NCB-014) Accounting and valuation rules for securities in banks` investment portfolios. (NCB-016) Standards for the preparation of banks` financial statements. (NCB-017) Rules for the publication of banks` annual accounts. (NCB-018) 15 Shareholding art.

10. Ownership of the shares of banks incorporated in El Salvador must be maintained by at least fifty-one per cent of the following types of investors: (a) Salvadoran or Central American natural persons; (b) Salvadoran legal persons whose shareholders or majority members are: Salvadoran or Central American natural persons or other Salvadoran legal persons. The shareholders or majority members thereof must be Salvadoran or Central American natural persons; 10 Purpose and scope of the Law Article 1. – The purpose of this law is to regulate the function of financial intermediation and other operations carried out by banks and to encourage them to provide the population with a transparent, reliable and agile service that contributes to the development of the country. 3 Instructions for the settlement of interest and procedural costs granted and reserves for the reorganization of loans to be refinanced under the programme for the rehabilitation of productive sectors directly affected by the conflict (D. L. 292). (NCB-002) Rules on the accounting reclassification of loans and contingent liabilities of banks and financial institutions. (NCB-005) Rules for the Registration of Interests on the Active and Passive Operations of Banks and Financiers NCB-006 EMF: General Criteria for Compilation, Summary Article 1.- This law is of public order and general compliance in the United Mexican States and is intended to regulate banking services. It also stipulates the obligation to keep the original receipts for all transactions. In addition, section IV of Article 28 provides that accounting information must be entered monthly on the website of the Tax Administration Service. Preparation and presentation of the financial statements of banks and groups Standard for the preparation of consolidated financial statements.

13 Form of company Art. 5.- Banks registered in El Salvador must be organized and operated in the form of joint-stock companies with fixed capital, divided into registered shares, with at least ten shareholders. 12 Confession Art. 4.- Banks may accept and register any business name they deem appropriate, provided that it does not belong to another entity and is not confusing. The name “Bank” is exclusive and mandatory for institutions that are authorized to operate as such in accordance with this Law. No entity that has not been authorized by the Superintendence or a particular Statute may use such a designation or a derivative thereof; Nor can you use the term “financial.” 4 Regulations to Account for Revaluations of Real Property by Banks and Financial Institutions. (NCB-010) Regulation to take into account real estate revaluations of banks and financial institutions. (NCB-010) Accounting rules for stock market reporting operations carried out by banks. (NCB-011) Accounting rules for stock market reporting operations carried out by banks. (NCB-011) Standards for the recognition of losses on loans and receivables of banks.

(NCB-012) Standards for the recognition of losses on loans and receivables of banks. (NCB-012) Rules for accounting for banks` extraordinary assets. (NCB-013) Rules for accounting for banks` extraordinary assets. (NCB-013) 11 Banking Activity Art. 2.- For the purposes of this Law, banks are the institutions that usually trade on the financial market and call on the public to raise funds through deposits, issues and investments of securities or other passive operations, and which are directly required to cover principal, interest and other participations. for public mediation in the context of active operations. Teacher: Lic. José Nelson Amaya Subject: Basic Accounting 2 Banking accounting standards are part of the regulatory framework published by the Supervision of the Financial System to regulate and standardize the criteria for accounting for transactions carried out in the banking system, thus realizing opportunities for proper registration and valuation. 14 Acts and rights Art. 6.- Acts confer equal rights. However, the articles of association may provide that the capital is divided into several classes of shares with special rights for each class, without excluding a shareholder from profit-sharing. It may also issue preferred shares with limited voting rights, which prevail over the other shares in the distribution of profits, up to the specified percentage or limit.

“Analysis, design, development and implementation of a state financial system: accounting module” Jjj MADE: Sucuzhañay Lema Marco.