THE ACCOUNTING ISSUES OF LOSS ALLOWANCE ON IMPAIRED ASSETS
Journal Title: Вісник Одеського національного університету. Економіка. - Year 2017, Vol 22, Issue 3
Abstract
The aim of the article is to study the economic and accounting nature of differences arising between the accrued income and bank’s revenues when counting income on impaired assets. The study determined that this difference is a part of loss allowance. This conclusion bases on the comparison of accounting of book value components of working and impaired assets. When reviewing accounting postings of a reserve, a conclusion was made that the adjustment of the allowances on impaired assets arises in two ways: in correspondence with the bank costs due to changes in estimated cash flow and when accruing bank’s income if the asset is considered impaired.
Authors and Affiliations
K. M. Siukhina
Keywords
Related Articles
- EP ID EP635790
- DOI -
- Views 93
- Downloads 0
SCIENTIFIC RESEARCH OF METHODOLOGICAL APPROACHES AND ASSESSMENT FORMS OF THE FINANCIAL AND ECONOMIC POTENTIAL OF THE COMPANY
The forms, approaches and methods of estimating financial and economic potential of the company are investigated. Views of scientists about possible indicators of estimate financial and economic of the company are analyz...
ANALYSIS OF THE STATE OF THE DIGITAL ECONOMY OF UKRAINE
The main indexes and indices of the digital economy are investigated. On the basis of the most widespread indices of the digital economy, an analysis of the state of digitization of the Ukrainian economy was conducted. T...
THE FORMATION AND FUNCTIONING OF NATIVE SUNFLOWER MARKET
The article analyzes the conditions of formation and functioning of the market of sunflower and its processing products. It was carried out a rating of Ukrainian regions on sunflower production. The main factors of influ...
FEATURES OF MODERN PRACTICE IN PROPERTY INSURANCE OF UKRAINE
We consider the role of property insurance in the current conditions, the organization of insurance protection, the nature and types of property insurance in Ukraine, as well as current trends in the property insurance m...
ANALYSIS OF MODERN SYSTEMIC-LOGISTICS PROBLEMS OF GRAIN COMPLEX OF UKRAINE
The state of the Ukrainian and world grain markets is investigated. The main problems that restrain the development of production and consumption of grain crops, the dynamics of export-import of grain crops in Ukraine an...